The property for sale in Banning, California, is a prime real estate opportunity located downtown, right next to the courthouse. This site features a 3,200 square foot building currently housing a restaurant, which is operational and generating income. The restaurant lease has four years remaining, with two additional five-year renewal options, providing long-term stability and income potential. The property sits on three lots totaling approximately 24,830 square feet, offering ample parking space for customers and visitors. Its central location in downtown Banning ensures high visibility and accessibility, making it an attractive investment for commercial use or potential redevelopment. This combination of a leased restaurant, sizable land area, and prime downtown location makes it a valuable asset in the Banning real estate market.
- Asking Price:
- $995,000
- Sales Revenue:
- Undisclosed
- Cash Flow:
- Undisclosed
