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116 W Ramsey Street Banning, CA $ 1,250,000
116 W Ramsey Street
$ 1,250,000
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116 W Ramsey Street

Banning, CA, 92220
$ 1,250,000
Bedrooms-- Baths-- Sq 3,026

Monthly Estimate*

$ 7,798

Listed by Berkshire Hathaway Homeservices California Realty
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Commercial Property for sale in Banning, CA

for $1,250,000. This 3,026 square foot building was built in 1936 on a lot size of 0.1.

Welcome to an extraordinary opportunity to own a piece of history! This iconic Chinese Food Restaurant has been a staple in the heart of Historic Downtown Banning for over 37 years. This long-standing establishment boasts a prime location within walking distance of City Hall, Courthouse, Police Department, shops, and restaurants, ensuring maximum visibility and customer reach with heavy vehicle and foot traffic. This exact location will be the epicenter for the New Downtown Revitalization Project scheduled to start construction soon. The beautifully maintained commercial building spans approximately 4000 sq ft, providing ample space for both dining and kitchen operations. The kitchen is equipped with well maintained appliances, including a wash station, storage room, walk-in freezer, prep station, and more. Enjoy a prominent position on a bustling street, attracting both locals and visitors alike. A strategically placed sign ensures high visibility, creating a strong presence in the community. Immerse yourself in a well-planned layout featuring meticulously maintained booths, tables, and chairs. Each element contributes to the overall ambiance of the dining space. With over five decades of operation, this restaurant carries a legacy and reputation for delivering delicious Chinese cuisine. The property's versatility allows for continued use as a Chinese restaurant or the opportunity to introduce a new culinary concept. Immerse yourself in the rich history of this business and become the next steward of this culinary legacy! Don't miss the chance to own a well-established restaurant in a prime downtown location. Contact us today to schedule a private viewing.

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Commercial Active

Price

$ 1,250,000

Property Type

Commercial

Taxes

$ 0

Style

Lot Size

0.1

Year Built

1936

Town/City

Banning

County/Region

Riverside

MLS | Web ID

EV23217707

Days on Market

744

Features
General
Heating Central
Cooling Central Air
Roof Shingle
Security Features Carbon Monoxide Detector(s) Smoke Detector(s)
Year Built 1936
Property Subtype Special Purpose
Current Use See Remarks
Business Type Restaurant
County Riverside
Property Type Commercial Sale
Special Listing Conditions Standard
Status Active
Directions Corner of Ramsey and 1rst st
City Banning
MLS Area 263 - Banning/Beaumont/Cherry Valley
Lot Size Units Square Feet
Lot Size Square Feet 4356
Listing Terms Cash Cash to New Loan Conventional Submit
Current Financing None
Additional Parcels Y/N 0
Building Area Units Square Feet
Standard Status Active
Occupancy Type Owner
Property Sub Type Additional Special Purpose
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Interior
Total Stories 1
Air Conditioning Y/N 1
Heating Y/N 1
Laundry Features None
Entry Level 1
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Exterior
Lot Features Corner Lot
Water Source Public
Lot Size Area 4356
Number of Buildings 1
Building Area Total 3026
Lot Size Acres 0.1
Lot Size Source Assessor
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* Excluded Features
List By
Berkshire Hathaway Homeservices California Realty

Broker

benescalera@yahoo.com

Email

Affordability Calculator

$7,798
Per Month
100%
0%
0%
Monthly Principal & Interest
$7,798
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
11/27/2025$1,250,000 Listed Price

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116 W Ramsey Street, Banning, CA, 92220 is a Commercial Property for sale at $1,250,000 with 3,026 sqft and a lot size of 0.1. 116 W Ramsey Street was built in 1936. The property's zip code is 92220 which is in Banning, CA