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$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

$189,000
IV26196528 MLS Active Status
COMMERCIAL PROPERTY FOR BUSINESS OWNER OR INVESTOR OPPORTUNITY! Located on a prominent corner at Main Street and Broadway Street in Cabazon, just south of the I-10 Freeway and minutes from Morongo Casino Resort & Spa and the Desert Hills Premium Outlets/Cabazon Outlets. The building was previously used as a church and Moose Lodge and features a large interior space, two bathrooms, a kitchen area, and additional storage areas. THIS PROPERTY NEEDS MAJOR RENOVATION AND UPGRADES and is being offered in its present AS-IS condition, making it an opportunity for an investor, contractor, developer, or business owner looking for a property they can renovate and adapt to their intended use. The property is located within Riverside County and is identified with C-P-S zoning. Potential uses under this zoning may include retail, professional offices, financial institutions, barber/beauty shops, automobile-related retail, restaurants and food-related businesses, bars/cocktail lounges, and various service businesses, among other uses. Buyer to independently verify zoning, permitted uses, building condition, utilities, square footage, parking requirements, permits, and all development possibilities with Riverside County and the appropriate agencies. Depending on the buyer's intended use, plans, permits, a plot plan, renovations, and/or other County approvals may be required. Excellent opportunity to reposition an existing commercial building in a highly visible Cabazon location with convenient access to the I-10 Freeway and nearby major tourist and commercial destinations. Bring your contractor, your plans, and your vision!

14081 Broadway Street, Cabazon

$688,000
IG26138023 MLS Active Status
6,400 sq. ft. building centrally located in Historic Downtown Banning with easy access to the 10 FWY. Walking distance to Banning City Hall, County of Riverside offices, Superior Court, shopping, dining and the historic Fox Theater. Building is also for lease at $4,500 + NNN per month. The property has a very tall facade (Great for signage and marketing) and high ceilings to match. The property has access to 60+ public parking spots on 1st Street as well as alley access in the back. Currently there is a month to month tenant operating a flooring store that can be given notice if wanted. Zoned Downtown Commercial (DC). Major new developments coming to the area including Vista Robles by KB Home: A new development on 65 acres, Atwell (Tri Pointe Homes): A massive master-planned community, Canterbury by Crestwood Communities: A large-lot neighborhood, and a new Wyndham hotel. All of these new projects will increase demand for retail and services in Downtown. Approximately 100,000 cars cross the 10 FWY by Banning exits on a daily basis. Banning high school is just across the freeway.

50 N 1st, Banning

$1,000,000
CV25184947 MLS Active Status
For Sale: Red Barn Antique Mall – Beaumont, CA Address: 502 West 6th Street, Beaumont, CA 92223 Price: $1,000,000 (Includes property, business, (Ghost Town” area) Seller Financing Available: Seller will carry note at one point under prime for commercial loans, interest with $500,000 down. Optional Add-On: Two additional parcels available for $100,000. Currently collecting $6000 a month in rent leases are transferable if so desired. Billboards are negotiable Business Overview The Red Barn Antique Mall is a well-established and profitable retail landmark in Beaumont, with a rich history dating back to the 1940s. Originally a fresh fruit stand, the property evolved over the decades—becoming a horse stable in the 1950s, then an antique store in the 1960s. It has continuously operated as an antique destination under various names ever since. Property Highlights • Main Building: 7,797 sq. ft. • Lot Size: Approx. 167’ x 127’ (Parcel 47043007-6) • Ghost Town Area: 5,600 sq. ft. with 16 themed building facades • Parking: Front parking (recently redone), fenced/gated east-side lot • Restroom: 12’ x 6’ with shower • Connected to city water & sewer • 88 USPS-approved mailboxes with transferable qualification • Security: 9 cameras, Jadtex Alarm Co. system, panic button direct to police/fire • Audio: Surround sound system throughout: Financing: Seller will carry at one point under prime for commercial loans interest with $500,000 down payment. City of Beaumont is business owner, friendly, and currently offering $50,000 in grants for business development!!!

502 W 6th Street, Beaumont

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.