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60 W Ramsey St
Banning, CA 92220
Corey Building · Retail Property For Sale

INVESTMENT HIGHLIGHTS

  • 9,430 SF street retail movie theater situated on 8,276 SF (0.19 acres) of land
  • NNN Lease
  • City of Banning has strategically invested $1,800,000 to fully restore and revitalize the theater
  • 100% occupied by Fox Cineplex is D’Place
  • Approximately 6.25 years remaining on its initial lease term
  • Traffic counts of 16,000 vehicles per day on Ramsey Street

PROPERTY FACTS

Property Type
Retail
Property Subtype
Movie Theater
Building Size
9,430 SF
Building Class
C
Year Built
1930
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.14
Lot Size
0.19 AC
Zoning
DC, Banning - Downtown Commercial
Frontage
77’ on W Ramsey St

AMENITIES

  • Signage

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
540-204-012
Land Assessment
$400,000
Improvements Assessment
$950,000
Total Assessment
$1,350,000
  • Listing ID: 30065418

  • Date on Market: 11/15/2023

  • Last Updated:

  • Address: 60 W Ramsey St, Banning, CA 92220

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