$3,200,000
About this home
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!
Facts & features
- Bathrooms
- 0
- Heating
- Central
- Cooling
- None
- Lot size
- 1.92 acres (83,635 sq ft)
- Year built
- 1931
- Parking spaces
- 58
- Area
- 699 - Not Defined
- County
- Santa Cruz
- Status
- Active
- Property type
- Commercial Sale
- Days on market
- 15
- Listed
- 2026-07-07
- Original price
- $3,795,000
- Parcel #
- 10819128000
- MLS #
- ML82053332
