42 W Ramsey St - Storefront Retail/Office FOR SALE


Banning, CA 92220- Downtown Banning
$1,350,000 USD
213-943-1800
42 W Ramsey St, Banning, CA for Sale
$1,350,000 USD
Storefront Retail/Office - FOR SALE
1/7
null | Request Cap Rate

42 W Ramsey St
Banning, CA 92220
Downtown Banning


HIGHLIGHTS

  • Asking Price: $1,350,000 ($147 per SF) – Well Below Replacement Cost
  • High Traffic Exposure – 17,000 vehicles per day on Ramsey Street
  • Prime Location – Signalized corner, one block from Interstate 10 - – a major transportation corridor with 132,000+ vehicles per day
  • Attractive Seller Financing – Extended owner financing offered at below Prime
  • Positioned in Banning, CA, a key gateway city in Riverside County’s growing economic landscape
  • All tenants on month-to-month leases, offering flexibility for Owner-User Buyers – Immediate occupancy Or o Value-Add Investors – Repositioning

OVERVIEW

Marcus & Millichap is pleased to present 42 W Ramsey Street, a 9,200 SF mixed-use retail/residential building in downtown Banning, CA. Priced at $147/SF—well below replacement cost—with attractive seller financing at a below-market rate. Ideal for owner-users or value-add investors. All tenants on month-to-month leases. Prime corner location with strong visibility and access. Key Highlights: • 9,200 SF on 5,663 SF lot (0.13 acres) • $174/SF pricing with below-market seller financing available • High traffic exposure: 17,000+ VPD on Ramsey Street • Excellent visibility: 210 feet of street frontage • Signalized corner, one block from I-10 (132,000+ VPD) • Street-level access with ample public parking • All tenants on month-to-month leases for maximum flexibility • Ideal for owner-users (SBA potential) or investor repositioning • Located near 1,543-acre Atwell master-planned community (4,200+ homes) • Pro-growth city with economic development incentives

FOR SALE DETAILS

PRICE

$1,350,000 USD

PRICE/SF

$147 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY NAME

Mixed-Use Value-Add or Owner-User Opportunity

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

ADD'L SUBTYPES

Storefront, Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1915

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.13 AC

LAND SF

5,663 SF

ZONING

C2

APN/PARCEL ID

540-204-010

ASK ABOUT THIS PROPERTY

Ivan ProchkoMarcus & MillichapMore Info
213-943-1800

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Ivan ProchkoMarcus & MillichapMore Info
213-943-1800

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.