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Historic Mixed-Use Building with Offices
For Sale
$795,000

612 N Mt. Shasta Blvd, Mount Shasta, CA 96067

ResidentialIncome, Mount Shasta, CA

Property Size2,500 SF
Lot Size0.15 Acres
Price / SF$318
Days on Market166

Property Features for 612 N Mt. Shasta Blvd

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 3
Bathrooms 3
Full bathrooms 2
Rooms Bedroom 2, Bathroom 2, Basement, Bathroom 3, Bedroom 1, Bedroom 3, Bathroom 1
Window features Vinyl Frames
Interior features Fireplace
Exterior features ConcreteDriveway, HandicapAccessible, Storage
Fireplace 1
Accessibility Accessible Approach with Ramp
Appliances Cooktop, Microwave, Oven, Range, Refrigerator
Lot features Gentle Sloping
View Mountains, City
Subdivision Mt Shasta
Standard status Active
Size 2,500 SF
Lot size 0.15 Acres

Utilities

Sewer type Public Sewer
Heating system Ductless (Heating)
Water source Public

Building Details

Number of units 4
Flooring type Vinyl, Wood, Tile
Building materials Stucco
Architectural style Other
Additional Structures Storage
Listing Agency: Alpine Realty, Inc
Listed By: Lauren Taksa · License #01997299
Added: Mar 22 Changed: Sep 3 Last Checked: Sep 3 at 7:06PM
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 on a 0.15-acre parcel combines two office suites with two fully furnished residential suites. The residences are licensed vacation rentals, and the licenses transfer with the property. Each of the four primary units has a private entrance from the parking area. A courtyard lobby provides access to the offices and residences, while two additional storage units offer separate entry from the parking lot.

The building was remodeled in 2000 with updated electrical, plumbing, mechanical, heating, siding, windows, and energy improvements. Mini-split systems were installed in each suite within the last 7 years. Interior features include a fireplace, wood, vinyl, and tile flooring, kitchen appliances, public water, and public sewer. The property is located at 612 N Mt. Shasta Blvd in downtown Mount Shasta, California.

Key Highlights

  • 2,500‑square‑foot mixed‑use building on a 0.15‑acre parcel
  • Two licensed vacation rentals with fully transferable licenses
  • Two office suites with access through a courtyard lobby

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
$34,020
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
4.28%
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%
$680,400 $680.4K
Cap Rate 7%
$486,000 $486.0K
Cap Rate 9%
$378,000 $378.0K
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
$54.0K $21.60/SF
− Vacancy
−$8.6K −$3.46/SF
EGI
$45.4K $18.14/SF
− OpEx
−$11.3K −$4.54/SF
NOI
$34.0K $13.61/SF
Area
Siskiyou County, CA
Vacancy
16.00%
Lease Rate
$21.60 /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%
$680,400
Cap Rate 7%
$486,000
Cap Rate 9%
$378,000

Alternative Uses

Best Use
Office B
$486.0K
$425.3K – $567.0K (±1% cap)
NOI $34,020 @ 7.0% cap · market cap 4.28%
Second Best
Apartment 5plus
$292.6K
$256.1K – $341.4K (±1% cap)
NOI $20,485 @ 7.0% cap · market cap 2.58%
Theoretical Best
Office A
$735.4K
$643.5K – $858.0K (±1% cap)
NOI $51,480 @ 7.0% cap · market cap 6.48%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Short term rental ...

Lease Details

2
Office units

Location Intelligence

Trade Area within ½ mile

825
Businesses Nearby

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

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Two licensed vacation rentals and two office suites share a remodeled building with private entrances.
Where is this mixed-use property located?
The property is located at 612 N Mt. Shasta Blvd Mount 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: 2,500‑square‑foot mixed‑use building on a 0.15‑acre parcel; Two licensed vacation rentals with fully transferable licenses; Two office suites with access through a courtyard lobby
More about this property
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