Banning/Beaumont/Cherry Valley (263) Homes with Retail Subtype

Banning/Beaumont/Cherry Valley (263) Homes with Retail Subtype

Welcome to the enchanting region of Banning, Beaumont, and Cherry Valley, nestled in the heart of Riverside County, California. This picturesque area is a hidden gem that offers a perfect blend of serene landscapes and vibrant community living. With its stunning mountain views, lush valleys, and a rich tapestry of outdoor activities, it’s no wonder that this region is becoming a sought-after destination for homebuyers looking for both tranquility and accessibility.

Banning, with its charming downtown, is a place where history meets modern convenience. The city boasts a variety of local shops, restaurants, and amenities, making it easy for residents to enjoy a leisurely lifestyle. Beaumont, just a stone’s throw away, offers a dynamic blend of suburban charm and urban convenience, featuring beautiful parks and a welcoming community spirit. Cherry Valley, known for its rural feel, provides an idyllic escape with its sprawling landscapes and agricultural roots.

For those interested in homes with a retail subtype, this region offers unique opportunities. Properties that combine residential living with retail spaces provide a fantastic chance for entrepreneurs and homeowners alike to thrive. Imagine living in a beautiful home while having your own business right at your doorstep! This feature not only enhances convenience but also fosters a sense of community, as local businesses contribute to the vibrant atmosphere of the area.

Whether you’re seeking a peaceful retreat or a bustling community hub, Banning, Beaumont, and Cherry Valley have something for everyone. Come explore the charm of this remarkable region and discover your dream home today!

Newest Banning/Beaumont/Cherry Valley (263) 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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