Bar and Pub with Club
For Sale
$650,000
406 N Mount Shasta Blvd, Mount Shasta, CA 96067
The sale combines the operating business, real estate, and two ABC licenses, including a Type 48 license.
Property Size3,850 SF
Price / SF$168.83
Days on Market27
Property Features for 406 N Mount Shasta Blvd
General Information
Standard status
Active
Size
3,850 SF
Property subtype
Residential Income
Zoning
C-1
Additional Details
Business Included
Yes
Frontage
25 ft
Liquor License
Yes
Building Details
Buildings
1
Stories
2
Construction
stone base, stuccoed second floor
Listing Agency:
Jefferson State Realty
(530) 925-3370
Listed By:
Travis Majick
(310) 498-2556
Source:
Exprealty
Added: Aug 31
Changed: Sep 24
Last Checked: Sep 26 at 8:06AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Jefferson State Realty
Investment Insights
Based on property information with market context.
This two-story bar property at 406 N Mt. Shasta Blvd includes approximately 3,850 square feet and 25 feet of frontage. The ground floor is equipped for bar operations and has a recurring weekly event schedule. Upstairs, approximately 1,700 square feet includes a private club room with a separate bar, fireplace, and seating, along with additional rooms and a full bathroom. Exterior materials include a stone base and stucco on the second floor. The property is zoned C-1 Central Commercial.
The offering includes the operating business and both ABC licenses. The Type 48 is an on-sale general license for public premises, with no food-service or kitchen requirement. A Type 58 caterer's permit allows sales at approved off-site events. The bar has operated at this address since 1896.
The offering includes the operating business and both ABC licenses. The Type 48 is an on-sale general license for public premises, with no food-service or kitchen requirement. A Type 58 caterer's permit allows sales at approved off-site events. The bar has operated at this address since 1896.
Key Highlights
- Operating bar business, real estate, and both ABC licenses convey
- Approximately 3,850 square feet across two stories, with 25 feet of frontage
- Approximately 1,700 square feet upstairs includes a club room, separate bar, fireplace, seating, additional rooms, and a full bath
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
$47,328
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
7.28%
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%
$946,560
$946.6K
Cap Rate 7%
$676,114
$676.1K
Cap Rate 9%
$525,867
$525.9K
Market Conditions
NOI Build-Up for 3,850 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
$67.0K $17.40/SF
− Vacancy
−$3.9K −$1.01/SF
EGI
$63.1K $16.39/SF
− OpEx
−$15.8K −$4.10/SF
NOI
$47.3K $12.29/SF
Area
Siskiyou County, CA
Vacancy
5.80%
Lease Rate
$17.40 /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%
$946,560
Cap Rate 7%
$676,114
Cap Rate 9%
$525,867
Alternative Uses
Best Use
Specialty Retail
$676.1K
$591.6K – $788.8K
NOI $47,328 @ 7.0% cap · market cap 7.28%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.13M
$991.0K – $1.32M
NOI $79,279 @ 7.0% cap · market cap 12.20%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
Turnkey business
Opportunity
Yes
Liquor license
Location Intelligence
Trade Area within ½ mile
830
Businesses Nearby
94k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 48%
Dining 37%
Groceries 15%
Ray's Food Place
Groceries
14,195 visits/mo
0.4 miles
Starbucks
Dining
13,362 visits/mo
0.2 miles
Black Bear Diner
Dining
10,720 visits/mo
0.3 miles
76
Shops & Services
10,538 visits/mo
0.3 miles
Valero Energy
Shops & Services
9,360 visits/mo
0.2 miles
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in West region
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Similar Off Market Nearby
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- Vet's Club — 404 N Mt Shasta Blvd, Mt Shasta, CA 96067
- Watson's Vet's Club — 406 N Mt Shasta Blvd, Mt Shasta, CA 96067
Frequently Asked Questions
What type of property is this?
Bar & Pub - The sale combines the operating business, real estate, and two ABC licenses, including a Type 48 license.
Where is this bar & pub located?
The property is located at 406 N Mount Shasta Blvd Mount Shasta, CA.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: Operating bar business, real estate, and both ABC licenses convey; Approximately 3,850 square feet across two stories, with 25 feet of frontage; Approximately 1,700 square feet upstairs includes a club room, separate bar, fireplace, seating, additional rooms, and a full bath
