116 Ramsey Street, Banning

$1,250,000

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0 Bed
0 Bath
.1 Acre
0 Garage

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 and is now available for sale. 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.

The beautifully maintained commercial building spans approximately 4000 sq ft, providing ample space for both dining and kitchen operations. The kitchen is equipped with state-of-the-art 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 establishment, 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 viewing and explore the endless possibilities this property holds.

Essential Information

MLS® #
EV23217707
Price
$1,250,000
Bathrooms
0.00
Acres
0.10
Year Built
1936
Type
Commercial Sale
Sub-Type
Special Purpose
Status
Active

Community Information

Address
116 Ramsey Street
City
Banning
County
Riverside
Zip Code
92220
Senior Community
N

Area

263 - Banning/Beaumont/Cherry Valley

Interior

Heating
Central
Cooling
Central Air
# of Stories
1

Exterior

Lot Description
Corner Lot
Roof
Shingle

Additional Information

Date Listed
November 28th, 2023
Days on Market
163

Listing Details

Agent
Benjamin Escalera

Office

Berkshire Hathaway Homeservices California Realty

Property History
Price Increased from $999,988 to $1,250,000

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Based on information from California Regional Multiple Listing Service, Inc. as of May 9th, 2024 at 3:10am PDT. 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.