2904-2908 Freedom Blvd - Storefront Retail/Residential FOR SALE


Watsonville, CA 95076
$3,200,000 USD
831-247-3007
2904-2908 Freedom Blvd, Watsonville, CA for Sale
$3,200,000 USD
Storefront Retail/Residential - FOR SALE
1/14
null | Request Cap Rate

2904-2908 Freedom Blvd
Watsonville, CA 95076


HIGHLIGHTS

  • Iconic building & location
  • High traffic count 11K-15K daily
  • Located in the quaint and desirable town of Corralitos, CA
  • 40,000 approx. sq ft undeveloped area
  • 9,000+ sq ft in 3 buildings
  • 1.92 acres zoned C-1

OVERVIEW

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!

FOR SALE DETAILS

PRICE

$3,200,000 USD

PRICE/SF

$356 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1931

SPRINKLERS

-

PARKING SPACES

70

LAND DETAILS

LAND ACRES

1.92 AC

LAND SF

83,635 SF

ZONING

C-1

APN/PARCEL ID

108-191-28-000

ASK ABOUT THIS PROPERTY

Paul ZechColdwell Banker Realty Commercial & ResidentialMore Info
831-247-3007

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Paul ZechColdwell Banker Realty Commercial & ResidentialMore Info
831-247-3007

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.