2904 Freedom BLVD, Corralitos, CA 95076

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List Price
$3,200,000
MLS#
ML82053332
Status
ACTIVE
Property Type
com
Listing Area
Corralitos
Year Built
1931

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!

Additional Information

Age
95
Building Name
Corralitos Market Place
Cooling System
None
Foundation
Concrete Perimeter and Slab
Garage Parking
Common Parking Area, Guest / Visitor Parking, Parking Area, Room for Oversized Vehicle, Unassigned Spaces
Heating System
Central Forced Air
County
Santa Cruz
Neighborhood
Corralitos
Other Utilities
Public Utilities
Present Use
Business/Professional, Commercial, Food Service, Retail
Roof
Tar and Gravel
Sewer
Septic Connected
Special Features
Wheelchair Access
Unincorporated Yn
Yes
Zoning
C-1

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
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Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Paul Zech from Coldwell Banker Realty. 831-247-3007

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