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166 W Ramsey St 6,000 SF Retail Building Banning, CA 92220 For Sale
Investment Highlights
- Excellent frontage on the main arterial streets leading into the downtown Banning
- Walkable area
- Immediate access to the I-10 Freeway
Executive Summary
Currently demised into two units, leased to two retail tenants. Income in place with two retail tenants on month-to-month and short-term leases. Additional square footage on the second level, suitable for an ADU, office, or additional storage. Dedicated parking lot behind the property.
Property Facts
Sale Type
Investment or Owner User
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Building Size
6,000 SF
Building Class
C
Year Built
1969
Tenancy
Single
Building Height
1 Story
Building FAR
0.57
Lot Size
0.24 AC
Opportunity Zone
Yes
Zoning
C2 - General Downtown Commercial - allowing retail, medical, office, and flex uses (Buyer to verify with the planning department)
Frontage
62’ on W Ramsey St
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- 166 West Ramsey LLC
- Public Administration
- -
- -
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| 166 West Ramsey LLC | Public Administration | - | - | - |
Moderately walkable
70/100
Exceptionally drivable
100/100
Limited public transit
30/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Number | 540-203-003 | Improvements Assessment | $51,026 CAD |
| Land Assessment | $153,107 CAD | Total Assessment | $204,133 CAD |
Property Taxes
Parcel Number
540-203-003
Land Assessment
$153,107 CAD
Improvements Assessment
$51,026 CAD
Total Assessment
$204,133 CAD
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166 W Ramsey St
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