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Welcome to an extraordinary opportunity to own a piece of history! This iconic Chinese Food Restaurant has been a staple in the heart of Historic Downtown Banning for over 37 years. This long-standing establishment boasts a prime location within walking distance of City Hall, Courthouse, Police Department, shops, and restaurants, ensuring maximum visibility and customer reach with heavy vehicle and foot traffic. This exact location will be the epicenter for the New Downtown Revitalization Project scheduled to start construction soon. The beautifully maintained commercial building spans approximately 4000 sq ft, providing ample space for both dining and kitchen operations. The kitchen is equipped with well maintained appliances, including a wash station, storage room, walk-in freezer, prep station, and more. Enjoy a prominent position on a bustling street, attracting both locals and visitors alike. A strategically placed sign ensures high visibility, creating a strong presence in the community. Immerse yourself in a well-planned layout featuring meticulously maintained booths, tables, and chairs. Each element contributes to the overall ambiance of the dining space. With over five decades of operation, this restaurant carries a legacy and reputation for delivering delicious Chinese cuisine. The property's versatility allows for continued use as a Chinese restaurant or the opportunity to introduce a new culinary concept. Immerse yourself in the rich history of this business and become the next steward of this culinary legacy! Don't miss the chance to own a well-established restaurant in a prime downtown location. Contact us today to schedule a private viewing.
Listing agent: BENJAMIN ESCALERA DRE #01753823 benescalera@yahoo.com, Listing office: Berkshire Hathaway Homeservices California Realty
MLS data updated 10/24/2026, 4:16:00 PM PT
Source: CRMLS, MLS #: EV23217707
Belmont insights
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Jan 17, 2024
Prices use the left axis; mortgage rates use the right. Hover, tap, or focus the chart and use the arrow keys. Red SOLD badges mark recorded sales.
This home · nearest recorded event
$1,250,000Asking price recorded · Jan 17, 2024ZIP 92220 · Jan 2024
No monthly averageAt least 3 eligible sales in this month are required.30-year fixed mortgage benchmark
No weekly rateNo published rate within 7 days of this date.No recorded sales in this range. Select All available for older records; missing records do not mean the home never sold.
ZIP averages use publicly displayable closed sales from our licensed MLS feed, matched to the same ZIP and exact property type. Months with fewer than 3 sales are omitted; the current month is incomplete. Lines connect available monthly observations across gaps and do not represent measured prices in missing months. These averages are not adjusted for size, condition, or location within the ZIP, and are not an appraisal. Feed coverage may not include every sale. All available shows the available home and ZIP history, with mortgage rates over the same dates.
Mortgage benchmark: Freddie Mac Primary Mortgage Market Survey®. © Freddie Mac. Weekly national 30-year fixed rates, not APRs or a loan quote. Actual terms vary. Methodology changed in November 2022. The chart does not establish that interest-rate changes caused a home’s price changes.
Lines connect recorded asking and sale prices. They are visual guides, not estimates of the home’s value between those dates.
No earlier records were returned by our current sources. This does not mean the home has never sold.
MLS records may be incomplete. Earlier asking prices are not sale prices.