REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 3,795,000
Est. payment | /mo
1.92 Acres Lot
$ 3,795,000
Est. payment | /mo
1.92 Acres Lot
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID ML82053332
HOA Y/N No
Year Built 1931
Annual Tax Amount $48,617
Lot Size 1.920 Acres
Property Description
Iconic and historic investment opportunity on nearly 2 acres of level land in thriving Corralitos. Fondly known since the 1850s as the "Five Mile House" a prominent former tavern and stagecoach stop this versatile commercial property blends steady holding income with immense development upside. The site currently hosts an eclectic, established mix of 10+ food, health, and service tenants providing an immediate, reliable income stream from day one. For the forward-thinking developer or entrepreneur, the true prize lies in the rear of the property: approximately 40,000 sq. ft. of flat, undeveloped land. Flexible Commercial zoning allows for a wide array of development options. As this area of Corralitos rapidly gains popularity as a vibrant hub for businesses, services, and entertainment, this premier location is primed for expansion. Bring your vision to maximize the untapped potential of this unique, underutilized community landmark. The possibilities here are truly limitless!
Location
State CA
County Santa Cruz
Area 699 - Not Defined
Zoning C-1
Interior
Heating Central
Cooling None
Fireplace No
Exterior
Roof Type Tar/Gravel
Present Use Commercial
Total Parking Spaces 58
Building
Story 1
Water Public
Others
Tax ID 10819128000
Listed by Paul Zech Coldwell Banker Realty #01965059
GET MORE INFORMATION
Tia Hughes
Team Leader | Lic# 01839465