Banning Homes with Retail Subtype

Banning Homes with Retail Subtype

Welcome to Banning, California – a hidden gem nestled in the heart of Riverside County! Known for its picturesque landscapes and friendly community, Banning offers a unique blend of small-town charm and modern conveniences. With the San Jacinto Mountains as a backdrop, residents enjoy breathtaking views and an array of outdoor activities, from hiking to biking, making it a haven for nature enthusiasts.

Banning is not just about stunning scenery; it also boasts a vibrant downtown area filled with local shops, restaurants, and cultural attractions. The city is steeped in history, with the iconic Banning Historical Museum offering a glimpse into the past, while the annual events and festivals bring the community together in celebration of its rich heritage.

For those looking to invest in Banning, the real estate market is flourishing, particularly in homes with a retail subtype. These properties offer a fantastic opportunity for entrepreneurs and homeowners alike, combining residential comfort with the potential for business ventures. Imagine living in a cozy home while running your own shop or café just steps away! This unique setup allows for a work-life balance that is hard to achieve elsewhere.

Whether you're seeking a peaceful retreat or a bustling business opportunity, Banning has something for everyone. With its affordable housing market, welcoming atmosphere, and strategic location near major highways, it’s no wonder that Banning is becoming a sought-after destination for families and investors alike. Come discover the charm of Banning and find your perfect home today!

Newest Banning Homes with Retail Subtype

$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

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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.