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$688,000 -$50,000 (-6.78%) Price Reduced
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Property Description
6,400 sq. ft. building centrally located in Historic Downtown Banning with easy access to the 10 FWY. Walking distance to Banning City Hall, County of Riverside offices, Superior Court, shopping, dining and the historic Fox Theater. Building is also for lease at $4,500 + NNN per month.
The property has a very tall facade (Great for signage and marketing) and high ceilings to match. The property has access to 60+ public parking spots on 1st Street as well as alley access in the back. Currently there is a month to month tenant operating a flooring store that can be given notice if wanted. Zoned Downtown Commercial (DC).
Major new developments coming to the area including Vista Robles by KB Home: A new development on 65 acres, Atwell (Tri Pointe Homes): A massive master-planned community, Canterbury by Crestwood Communities: A large-lot neighborhood, and a new Wyndham hotel. All of these new projects will increase demand for retail and services in Downtown. Approximately 100,000 cars cross the 10 FWY by Banning exits on a daily basis. Banning high school is just across the freeway.
Full Property Details
Full Property Details for 50 N 1st
General
- Price: $688,000
- Status: Active
- Type: Retail
- Source: MRMLS
- MLS ID: IG26138023
- Updated: 6/24/2026
- Days on Market: 2 days
- Added to Site: 2 day(s) ago
Rooms
Other Rooms
- Laundry: None
Location
- County: Riverside
- Driving Directions: 50 N 1st
Heating & Cooling
- Heating Type: None
Structural Information
- Entry Floor Number: 1
- Stories/Levels: 1
- Building Size: 6400
- Square Feet: 6,400
- Year Built: 1964
Lot Features
- Lot Size (Acres): 0.15
- Useable Acres: .15
- Lot Size (Sq. Ft.): 6,534
- Lot Size Source: Assessor
- Lot Features: Rectangular Lot
- Lot Description: Rectangular Lot
Financial Considerations
- Price Per Sq. Ft.: $107
Disclosures and Reports
- Property ID: 540168005
Listed by Realicore, DavidFriedman
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Schools
Schools serving 50 N 1st
School District:Banning Unified School District
| Name | Grades | Distance |
|---|---|---|
Central Elementary School, Banning, CA 295 North San Gorgonio Avenue, Banning, CA 92220 | K-5 | 0.1 mi |
Florida Street Discovery Center 671 North Florida Street, Banning, CA 92220 | K- | 0.5 mi |
Hoffer Elementary School 1115 East Hoffer Street, Banning, CA 92220 | K-5 | 0.9 mi |
Nicolet Middle School 101 East Nicolet Street, Banning, CA 92220 | 6-8 | 0.3 mi |
Banning High School 100 W. W.ward, Banning, CA 92220 | 9-12 | 0.6 mi |
Hemmerling Elementary School 1928 West Nicolet Street, Banning, CA 92220 | K-5 | 1.2 mi |
Cabazon Elementary School 50575 Carmen Avenue, Cabazon, CA 92230 | K-5 | 5.7 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 50 N 1st
Date
Details
Price
Change
Source
6/24/2026
Listed
$688,000
129.33%
MLS
8/11/2016
Sold
$300,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 50 N 1st
Year
Property Taxes
Change
Tax Assessment
Change
2025
$6,603
2%
$475,834
2%
2024
$6,469
—
$466,505
2%
2023
$6,464
2%
$457,358
2%
2022
$6,329
2%
$448,391
2%
2021
$6,207
1%
$439,600
1%
2020
$6,156
2%
$435,094
2%
2019
$6,059
1%
$426,564
2%
2018
$6,022
2%
$418,200
2%
2017
$5,925
-15%
$410,000
-18%
2016
$6,992
1%
$499,811
2%
2015
$6,893
1%
$492,305
2%
2014
$6,850
—
$482,664
—
2013
$6,863
—
$480,484
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 50 N 1st
50 N 1st, Banning, CA 92220 (MLS# IG26138023) is a Retail property. 50 N 1st is currently listed for $688,000 and was received on June 24, 2026. Want to learn more about 50 N 1st? Do you have questions about finding other Retail real estate for sale in Banning? You can browse all Banning real estate or contact a Coldwell Banker agent to request more information.

