Property Detail

Description

Attention investors, developers, and 1031 exchange buyers: This 2.5-acre commercial property in the City of Banning is now available for $4 million. Features: – 4,200 SF total retail space – 2,000 SF leased to Yoshinoya ($216K/year income) – 2,200 SF vacant for self use with leasing upside of $6,050/month, which can increase the property value by $1M – Fully entitled and design-reviewed for an 80-room hotel -May qualify for an SBA loan for owner-users on the vacant space Located just off Hwy 10, near Desert Hills Premium Outlets and Morongo Casino. -Leasing the vacancy could instantly increase property value by over $1M. Value-add, income-producing, and development-ready. Commercial zoned Let’s talk.