Description
Attention investors, developers, and 1031 exchange buyers:This 2.5-acre commercial property in the City of Banning is now available for $4 million.Features:" 4,000 SF total retail space" 1,800 SF leased to Yoshinoya ($216K/year income)" 2,200 SF vacant for owner use or leasing upside of $6,050/month, which can increase the property value by $1M" Development opportunity! Additional vacant land of over 60,000 sqft zoned GC (General Commercial) is ready for future developments!-May qualify for an SBA loan for owner-users on the vacant spaceLocated just off Hwy 10, near Desert Hills Premium Outlets and Morongo Casino.-Leasing the vacancy could instantly increase property value by over $1M.Value-add, income-producing, and development-ready. Commercial zoned Lets talk.
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2.35ACRES
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01/2 BATHS
School Ratings & Info
Description
Attention investors, developers, and 1031 exchange buyers:This 2.5-acre commercial property in the City of Banning is now available for $4 million.Features:" 4,000 SF total retail space" 1,800 SF leased to Yoshinoya ($216K/year income)" 2,200 SF vacant for owner use or leasing upside of $6,050/month, which can increase the property value by $1M" Development opportunity! Additional vacant land of over 60,000 sqft zoned GC (General Commercial) is ready for future developments!-May qualify for an SBA loan for owner-users on the vacant spaceLocated just off Hwy 10, near Desert Hills Premium Outlets and Morongo Casino.-Leasing the vacancy could instantly increase property value by over $1M.Value-add, income-producing, and development-ready. Commercial zoned Lets talk.
Based on information from California Regional Multiple Listing Service, Inc. as of 2025-05-17T17:32:19.98. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Desert Area Homes For Sale | Premier Properties. Licensed in the State of California, USA.