Banning/Beaumont/Cherry Valley (263) Homes with Retail Subtype

Banning/Beaumont/Cherry Valley (263) Homes with Retail Subtype

Welcome to the enchanting region of Banning, Beaumont, and Cherry Valley, nestled in the heart of Riverside County, California. This picturesque area is known for its stunning mountain views, vibrant community spirit, and a perfect blend of rural charm and suburban convenience. With easy access to major highways, residents enjoy a seamless connection to both the bustling cities of Southern California and the serene beauty of the San Bernardino National Forest.

The Banning/Beaumont/Cherry Valley region is a hidden gem for homebuyers seeking a tranquil lifestyle without sacrificing modern amenities. The real estate market here boasts a diverse array of homes, including those with a retail subtype, making it an ideal choice for entrepreneurs and investors alike. These unique properties not only serve as a comfortable residence but also provide the opportunity to run a business from the convenience of your own home. Imagine waking up to breathtaking mountain vistas and having the ability to operate a boutique, café, or professional office just steps away from your living space.

The community is enriched by local parks, charming shops, and delightful dining options, ensuring that residents have everything they need within reach. With a strong sense of community and a commitment to maintaining the area's natural beauty, Banning, Beaumont, and Cherry Valley offer a lifestyle that is both fulfilling and inspiring. Whether you’re looking to settle down or invest, this region welcomes you with open arms and endless possibilities. Discover your dream home here, where comfort meets creativity!

Newest Banning/Beaumont/Cherry Valley (263) 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

Start Your Search

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.