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INVESTMENT HIGHLIGHTS
- Excellent location near 10 fwy for Shake Shack, Chipotle, Starbucks, CAVA or other Global Food Franchisees
- Over 50 years operating as a profitable Chinese food restaurant.
- Walking Distance to City Hall, Police Department, Courthouse and Retail
EXECUTIVE SUMMARY
We are pleased to present a rare and exceptional opportunity to acquire a historic and well-established Chinese restaurant, located in the heart of Historic Downtown Banning. Serving the community for over 37 years, this iconic establishment offers an unbeatable location within walking distance of key civic landmarks, including City Hall, the Courthouse, and the Police Department, as well as various shops and restaurants. The property benefits from substantial foot and vehicle traffic, ensuring high visibility and customer accessibility.
The commercial space spans approximately 3,000 square feet, providing ample room for both dining and kitchen operations. The kitchen is outfitted with modern, high-quality equipment, including a wash station, storage room, walk-in freezer, prep area, and more. The restaurant’s strategic location on a bustling street, combined with prominent signage, guarantees maximum exposure and community presence.
Inside, the dining area is thoughtfully arranged with well-maintained booths, tables, and chairs, creating a welcoming ambiance for guests. With a rich legacy spanning over five decades, the restaurant is renowned for its exceptional Chinese cuisine and strong community ties.
This property offers flexibility for the future owner, whether you wish to continue its tradition as a Chinese restaurant or introduce a new culinary concept. Don't miss this unique opportunity to own a piece of local history in a prime downtown location.
Contact us today to schedule a viewing and explore the full potential of this remarkable property.
The commercial space spans approximately 3,000 square feet, providing ample room for both dining and kitchen operations. The kitchen is outfitted with modern, high-quality equipment, including a wash station, storage room, walk-in freezer, prep area, and more. The restaurant’s strategic location on a bustling street, combined with prominent signage, guarantees maximum exposure and community presence.
Inside, the dining area is thoughtfully arranged with well-maintained booths, tables, and chairs, creating a welcoming ambiance for guests. With a rich legacy spanning over five decades, the restaurant is renowned for its exceptional Chinese cuisine and strong community ties.
This property offers flexibility for the future owner, whether you wish to continue its tradition as a Chinese restaurant or introduce a new culinary concept. Don't miss this unique opportunity to own a piece of local history in a prime downtown location.
Contact us today to schedule a viewing and explore the full potential of this remarkable property.
PROPERTY FACTS
Sale Type
Owner User
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Building Size
3,026 SF
Building Class
C
Year Built/Renovated
1936/2004
Price
$1,744,900 CAD
Price Per SF
$576.64 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.69
Lot Size
0.10 AC
Opportunity Zone
Yes
Zoning
C2 - Restaurant Use Permitted. May require Grease trap installation per City requirements.
Frontage
74’ on W Ramsey St
AMENITIES
- 24 Hour Access
- Air Conditioning
Walk Score®
Very Walkable (78)
PROPERTY TAXES
| Parcel Number | 540-203-008 | Improvements Assessment | $126,473 CAD (2025) |
| Land Assessment | $97,469 CAD (2025) | Total Assessment | $223,942 CAD (2025) |
PROPERTY TAXES
Parcel Number
540-203-008
Land Assessment
$97,469 CAD (2025)
Improvements Assessment
$126,473 CAD (2025)
Total Assessment
$223,942 CAD (2025)
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116 W Ramsey St
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