64-66 N 1st St, Banning, CA 92220

Office for Sale
Catylist Listing ID: 30502114
Property Subtypes: Mixed Use
Building Size (RSF): 20,950 SF
Gross Building Area: See Agent
Sale Price: $825,000
Unit Price: $39.38 PSF
In Opportunity Zone? Yes
Property Use Type: Vacant/Owner-User
Sale Terms: Other
Cap Rate: Undisclosed
Last Updated: 9/20/2019

Overview / Comments

Property zoned to allow for an Office, Retail, Restaurant, Bar or Nightclub or... Very flexible. Located @ 1st and Main in the heart of Banning, Ca
The building is For Sale @ $39.38 per Sqft (Building next door at 50 1st Street also has a 2,500 sqft suite for lease.)
Brick Building, 2-story - corner location. The ground floor is 10,475 square feet in a shell condition. You design 7,000+ sqft for your suite of and the owner will build to suite for a 5 to 7-year lease. The owner will lease on a modified gross (1.20 sqft) lease where the tenant only pays for electricity and janitorial services. Upstairs space is .99 per square foor Modifies Gross. This property could have a Restaurant downstairs and a Nightclub upstairs with visibility from the 10 Freeway. The upstairs area of 10,475 sqft could be leased for less. Owner is negotiable.
This property is located across from the new City Hall and Court House - Great location for an Attorney or other professional business.
Please contact agent for more details and a tour of this building. Rick Mines (909) 559-9046 or Brandy Nelson (760) 592-1571

Additional Details

Nearest MSA: Riverside-San Bernardino-Ontario
County: Riverside
Tax ID/APN: 540168004
Zoning: C2
Year Built: 1940
Total Parking Spaces: 25

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 14,313 21,958 46,265
Median Age: 29.52 33.92 40.53
Households: 4,053 6,819 16,730

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