Historic Mixed-Use
For Sale
$795,000
612 N Mt. Shasta Blvd Mt, Shasta, CA 96067
INCOME PROPERTY, Traditional, Mt Shasta, CA
Property Size2,500 SF
Lot Size0.15 Acres
Price / SF$318
Days on Market158
Property Features for 612 N Mt. Shasta Blvd Mt
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
3
Bathrooms
3
Full bathrooms
2
Rooms
Bedroom 1, Basement, Bathroom 1, Bedroom 2, Bathroom 2, Bedroom 3, Bathroom 3
Window features
Vinyl Frames
Interior features
Fire Place
Exterior features
Handicap Access, Sidewalk, Storage
Fireplace
1
Accessibility
Accessible Approach with Ramp
Appliances
Cook Top, Microwave, Oven, Range, Refrigerator
Subdivision
Mt Shasta
Standard status
Active
Size
2,500 SF
Lot size
0.15 Acres
Utilities
Heating system
Ductless (Heating)
Amenities
courtyard lobby
Building Details
Number of units
4
Flooring type
Wood, Vinyl, Tile
Architectural style
Other
Additional Structures
Storage
Listing Agency:
Alpine Realty, Inc
(530) 926-2646
Listed By:
Lauren Taksa · License #01997299
(530) 925-0798
Added: Mar 22
Changed: Aug 23
Last Checked: Aug 26 at 9:06AM
MLS# 20260307
Copyright © 2026 Siskiyou Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 2,500-square-foot mixed-use building includes two office suites and two fully furnished residential suites, each with a private entrance from the parking area. The ground-level studio has a kitchenette, sleeping alcove, bathroom, built-in furniture, and extensive storage. The second apartment offers two bedrooms, one bathroom, coved ceilings, hardwood floors, and a wood-burning fireplace. Both residential units are licensed vacation rentals, and the licenses are transferable.
The downtown historic property occupies 0.15 acres and features a light-filled Mediterranean-style courtyard lobby, western storefront design, sidewalk access, and two additional storage units with separate parking-lot entrances. A 2000 remodel included electrical, plumbing, mechanical, heating, siding, windows, and an energy package. Mini-split systems were installed in each suite within the last 7 years. Interior finishes include wood, vinyl, and tile flooring, with accessible approach ramp and handicap access.
The downtown historic property occupies 0.15 acres and features a light-filled Mediterranean-style courtyard lobby, western storefront design, sidewalk access, and two additional storage units with separate parking-lot entrances. A 2000 remodel included electrical, plumbing, mechanical, heating, siding, windows, and an energy package. Mini-split systems were installed in each suite within the last 7 years. Interior finishes include wood, vinyl, and tile flooring, with accessible approach ramp and handicap access.
Key Highlights
- Two licensed vacation rentals with transferable licenses
- Two office suites plus two furnished residential suites
- 2,500 square feet on 0.15 acres
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$30,103
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.79%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$602,060
$602.1K
Cap Rate 7%
$430,043
$430.0K
Cap Rate 9%
$334,478
$334.5K
Market Conditions
NOI Build-Up for 2,500 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$51.0K $20.40/SF
− Vacancy
−$10.9K −$4.35/SF
EGI
$40.1K $16.05/SF
− OpEx
−$10.0K −$4.01/SF
NOI
$30.1K $12.04/SF
Area
Shasta County, CA
Vacancy
21.30%
Lease Rate
$20.40 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$602,060
Cap Rate 7%
$430,043
Cap Rate 9%
$334,478
Alternative Uses
Best Use
Office B
$430.0K
$376.3K – $501.7K
NOI $30,103 @ 7.0% cap · market cap 3.79%
Second Best
Mixed Use
$400.8K
$350.7K – $467.6K
NOI $28,054 @ 7.0% cap · market cap 3.53%
Theoretical Best
Specialty Retail
$556.6K
$487.0K – $649.4K
NOI $38,961 @ 7.0% cap · market cap 4.90%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
2
Office units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
825
Businesses Nearby
Explore this area
Business Placement
Demographics for 96067, CA
7,145
Population
4,517
Households
1.6
Avg Household Size
53
Median Age
34%
College-Educated
97%
High-School Grad
76.4 sq mi
ZIP Area
94
Density / Sq Mi
$63,222
Median Household Income
$38,285
Median Earnings
$1,504
Median Rent
$377,500
Median Home Value
Market
Vacancy Rate% for Office in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Downtown property combining two offices, two licensed vacation rentals, and separate storage units.
Where is this mixed-use property located?
The property is located at 612 N Mt. Shasta Blvd Mt Shasta, CA.
What is the asking price?
The asking price for this property is $795,000.
What are key features of this property?
This property features: Two licensed vacation rentals with transferable licenses; Two office suites plus two furnished residential suites; 2,500 square feet on 0.15 acres
