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!
Corralitos is located in California. Corralitos, California has a population of 2,367. Corralitos is less family-centric than the surrounding county with 22.55% of the households containing married families with children. The county average for households married with children is 30.25%.
The median household income in Corralitos, California is $154,958. The median household income for the surrounding county is $96,093 compared to the national median of $69,021. The median age of people living in Corralitos is 50.6 years.
The average high temperature in July is 73.2 degrees, with an average low temperature in January of 40 degrees. The average rainfall is approximately 24.7 inches per year, with 0 inches of snow per year.
