Banning Homes with Retail Subtype

Banning Homes with Retail Subtype

Welcome to Banning, California – a hidden gem nestled in the picturesque Riverside County, surrounded by the stunning San Jacinto Mountains. This charming city offers a unique blend of small-town warmth and modern conveniences, making it an ideal place for families, retirees, and anyone seeking a vibrant community. With its rich history, Banning boasts a variety of cultural sites, parks, and recreational opportunities, ensuring that residents can enjoy a balanced lifestyle.

One of the most exciting aspects of Banning is its diverse real estate market, particularly homes with a retail subtype. These properties present a fantastic opportunity for entrepreneurial spirits and those looking to invest in their future. Imagine living in a beautiful home while running your own business right from your doorstep! With Banning's growing population and increasing foot traffic, these homes offer the perfect mix of residential comfort and commercial potential.

The city's strategic location along the I-10 freeway makes it easily accessible, connecting residents to nearby cities like Palm Springs and Riverside. Banning is also home to several shopping centers, dining options, and entertainment venues, ensuring that everything you need is just a stone's throw away. Whether you're interested in the vibrant local art scene or the stunning outdoor activities available in the surrounding mountains, Banning truly has something for everyone.

Discover the charm of Banning and explore the incredible opportunities that await you in this thriving community. With homes that cater to both living and retail needs, your dream lifestyle is just a property away!

Newest Banning Homes with Retail Subtype

89 N San Gorgonio Avenue, Banning
$769,000
IG26202415 MLS ⋅ Active Status
Downtown Banning Value-Add Investment Opportunity | 5-Unit Freestanding Commercial Building + Adjacent Excess Lot | Opportunity Zone. Strategically positioned in Banning's established Downtown Commercial District, 89 N. San Gorgonio Avenue presents a unique value-add investment opportunity consisting of a freestanding 3600sf commercial building configured into five individual units, together with an adjacent excess lot for a combined 6097sf/.14ac site. The property is currently occupied by a diverse mix of commercial and residential uses, including a street front candy shop, barber shop, engineering office, one vacant office/retail suite, and a 2nd floor studio apartment. All units are currently leased on a month-to-month basis, providing an investor or owner/user with flexibility to improve rents, reposition the property or stabilize occupancy. The adjacent parcel adds additional value and flexibility, featuring drought tolerant landscaping and a distinctive wall mural that contributes to the property's downtown character and street presence. A nicely updated property; surrounded by civic, retail, dining and service-oriented businesses. The City of Banning has recently adopted a Downtown Revitalization and Complete Streets Plan intended to enhance circulation, pedestrian connectivity, streetscape improvements and the public realm while establishing a framework to encourage new investment and redevelopment throughout the downtown area over the coming years. Buyer to verify own zoning/use with City of Banning. Please inquire with listing agent as to requests for showing and for financial information.

89 N San Gorgonio Avenue, Banning

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Based on information from California Regional Multiple Listing Service, Inc. as of . 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.