$223,200
$2,000,000
88.8%For more information regarding the value of a property, please contact us for a free consultation.
1.38 Acres Lot
SOLD DATE : 02/22/2022
Key Details
Sold Price $223,200
Property Type Commercial
Sub Type Industrial
Listing Status Sold
Purchase Type For Sale
MLS Listing ID EV19233650
Sold Date 02/22/22
HOA Y/N No
Lot Size 1.377 Acres
Property Sub-Type Industrial
Property Description
The City of Banning says the property is zoned for Cannibis Cultivation. Buyer to verify they can use the property for intended use. Minimum SF for Cultivation is 10,001 SF. Current Tenant has a lease for 12 months. The parcel is large enough to buildout to 20,000 sf of Building. 10,000 lb interior hoist runs the length of the building. Small office inside the building. 220 amps currently, Banning Electric can provide up to 800 amps.
Location
State CA
County Riverside
Area 263 - Banning/Beaumont/Cherry Valley
Zoning Heavy Industrail
Interior
Heating Heat Pump
Cooling Heat Pump
Fireplace No
Laundry None
Exterior
Fence Average Condition, Chain Link
Utilities Available Cable Available, Electricity Connected, Natural Gas Available, Sewer Connected, Water Connected
Roof Type Metal
Total Parking Spaces 100
Building
Lot Description 2-5 Units/Acre, Agricultural, Back Yard, Irregular Lot, Lot Over 40000 Sqft, Street Level, Yard, Flat
Story 1
Water Public
Others
Tax ID 532160003
Acceptable Financing Cash, Cash to New Loan, 1031 Exchange
Listing Terms Cash, Cash to New Loan, 1031 Exchange
Financing Cash
Special Listing Condition Standard
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Bought with KENNETH PATTERSON KELLER WILLIAMS REALTY
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