"The 5 mile house" Corralitos Market Place
Iconic Commercial Turnkey With More Development Opportunity
Marketing 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 stopthis 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!
Investment highlights
- Iconic building & location
- Located in the quaint and desirable town of Corralitos, CA
- Eclectic area business neighbors draws visitors/customers
- Commercial zoning allows for many unique uses
- 9,000+ sq ft in 3 buildings
- 40,000 approx. sq ft undeveloped area
- Level parcel
- High traffic count 11K-15K daily
Listing Contacts
Valuation Calculator
Valuation Metrics
Map
Zoning
Broker Selected Comps View More Comps
Property History
Tax History
Similar Properties
Additional Information
Is there information that looks off?
