$1,500,000
$1,500,000
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101 W Lincoln ST Banning, CA 92220
1.46 Acres Lot
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
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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Bought with James Cameron • Berkshire Hathaway HomeServices California Properties