The Ovaness Rostamian Group of Marcus & Millichap is pleased to present 42 W Ramsey Street in Banning, California, a 9,200-square-foot renovated multi-use retail building with a residential component, listed at $1,600,000 ($174 per square foot), which is well below replacement cost. This prime offering provides both an owner-user opportunity and a value-add investment in a growing market. An owner-user purchaser can occupy a portion of the building, take advantage of SBA financing, benefit from cash flow and depreciation, and live on-site in a charming upstairs loft. Alternatively, investors can reposition the property with market-rate tenants and maximize its potential. With 750 feet of frontage on West Ramsey Street and a signalized corner location, the property enjoys exposure to over 17,000 vehicles per day (VPD). Additionally, Interstate 10, located just one block away, sees over 132,000 VPD, providing exceptional visibility and accessibility. Property Features & Condition This well-maintained property has undergone over $1.2 million in upgrades, preserving its character while enhancing its structural integrity and curb appeal. The entire second floor features a high-ceiling residential or office space, currently occupied by a month-to-month residential tenant, offering immediate flexibility for an owner-user or investor. Banning’s strong and expanding economic base further enhances the appeal of this investment. The area boasts 51,000 residents within a five-mile radius, with a median household income of $80,205, supporting strong consumer spending. New residential developments, including Vista Robles, Canterbury by Crestwood, Atwell, Banning Duplex Apartments, Southcreek, and Rossetta, continue to drive demand for retail services. Banning, CA, is an emerging business hub offering economic development incentives, small business grants, and utility rebate programs. Strategically located along Interstate 10 with easy access to major markets, the city is supported by a pro-business government and home to major employers like Amazon, making it an ideal location for business growth and investment. 42 W Ramsey Street is a charming mixed-use property offering an owner-user opportunity with on-site residence or various mixed-use repositioning options. Its high-traffic signalized corner location, below-replacement-cost pricing, and strong economic drivers make it an ideal investment for an owner-user seeking to offset business income through tax benefits or an investor looking to capitalize on Banning’s continued growth.