Banning, CA 92220,101 W Lincoln ST

$1,500,000

$1,500,000

Est.Price: ?

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Est. payment /mo

1.46 Acres Lot


SOLD DATE : 05/25/2023

Key Details

Sold Price $1,500,000

Property Type Vacant Land

Listing Status Sold

Purchase Type For Sale

MLS Listing ID PW22129530

Sold Date 05/25/23

HOA Y/N No

Lot Size 1.460 Acres

Acres 1.46

Property Description

Don’t miss this unique opportunity to own 2.61 Acres of Industrial Zoned Vacant Lots, centrally located in the County of Riverside directly siding to the 10 Freeway, offering easy access to the on and off-ramps located between 8th St. (to the West) and Hargrave St. (to the East). These rarely available Industrial Zoned Vacant lots are located on the corner of Historic San Gorgonio Avenue and Lincoln Street in the city of Banning, abutting the well-traveled Southern Pacific Transportation Co. Railroad. For those looking to build multiple buildings, these 2 separate legal vacant lots can be built out independently, each with their own address consisting of 1.46 AC & 1.15 AC. City of Banning Industrial Zoning District allows both industrial parks and freestanding industrial users. Some of the Permitted & Conditionally Permitted uses in the Industrial District (I) include, but are not limited to: Cannabis Commercial Indoor Cultivation, Cannabis Testing Lab, Cannabis Manufacturing Level 1, Restaurants (service beer & wine), RV Storage, Mini-Storage, Church, Consignment Center/Warehousing and Packing Plant. The City of Banning is very business friendly and offers more than 60 permitted and conditional uses within the confines of the City’s Industrial District (I). All the above suggested uses may be subject to change and must be independently verified by all parties involved. All permitted uses, highest and best use analysis, inspections, reports and studies are to be conducted independently by the buyer and buyer representatives.

Location

State CA

County Riverside

Area 263 - Banning/Beaumont/Cherry Valley

Zoning Industrial (I)

Interior

Fireplace No

Exterior

Fence Chain Link

Community Features Curbs

View Y/N Yes

View Mountain(s)

Building

Lot Description Corner Lot

Water Public

New Construction No

Others

Senior Community No

Tax ID 540210018

Acceptable Financing Cash, Cash to New Loan

Listing Terms Cash, Cash to New Loan

Financing Cash

Special Listing Condition Standard, Trust

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California Regional MLS (CRMLS)
Listed by James Cameron • Berkshire Hathaway HomeServices California Properties
Bought with James Cameron • Berkshire Hathaway HomeServices California Properties
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