Mixed-Use Medical Office and
721 721 Pine Street Mount Shasta, CA 96067
For Sale
$1,750,000
Ground-floor medical office with exam and procedure rooms plus rental apartments and private parking.
Property Size8,000 SF
Price / SF$218.75
Days on Market64
Property Features for 721 721 Pine Street
General Information
Standard status
Active
Size
8,000 SF
Property subtype
Mixed Use
Building Details
Year Built
2003
Listing Agency:
(530) 355-6699
Listed By:
Northstate Commercial Partners
(530) 355-6699
Source:
Xome
Added: May 27
Changed: Jul 10
Last Checked: Jul 29 at 5:26PM
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 Northstate Commercial Partners
Investment Insights
Based on property information with market context.
Located at 721 Pine Street in Mount Shasta, this mixed-use property combines a medical office on the ground floor with residential space and office rooms above. The 8,000-square-foot building includes approximately 4,500 square feet of ground-floor medical office space and about 3,500 square feet on the second floor. The medical office is built out with seven exam rooms, a procedure room, four private physician’s offices, a waiting room with reception counter, a nurses station, a kitchenette and breakroom, and additional storage rooms. A detached garage provides further storage. The second floor includes two 2-bedroom/1-bath apartments and several large office rooms, and the apartments are currently rented.
The property is described as being close to the hospital and other medical providers in the Mt. Shasta area, supporting convenient access for patients and staff. The building also offers 13 private parking spaces, which can help accommodate both medical and residential needs.
For buyers and operators seeking a combined live/work or medical-and-income setup, the layout supports on-site healthcare use while generating rental income from the second-floor apartments. A detached storage garage and multiple private offices can assist with day-to-day operations. The owner carry is available, offering a financing option to qualified buyers.
The property is described as being close to the hospital and other medical providers in the Mt. Shasta area, supporting convenient access for patients and staff. The building also offers 13 private parking spaces, which can help accommodate both medical and residential needs.
For buyers and operators seeking a combined live/work or medical-and-income setup, the layout supports on-site healthcare use while generating rental income from the second-floor apartments. A detached storage garage and multiple private offices can assist with day-to-day operations. The owner carry is available, offering a financing option to qualified buyers.
Key Highlights
- 8,000 SF mixed‑use building with 4,500 SF ground‑floor medical office and 3,500 SF second‑floor space
- Medical office includes 7 exam rooms, a procedure room, 4 private physician’s offices, waiting room/reception, nurses station, kitchenette, breakroom, and storage rooms
- Second floor offers 2 apartments with 2‑1 unit mix plus several large offices
Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $172.8k | $21.60 |
| − Vacancy | −$27.6k | −$3.46 |
| EGI | $145.2k | $18.14 |
| − OpEx | −$36.3k | −$4.54 |
| NOI | $108.9k | $13.61 |
8,000 SF · lease $21.60/SF/yr · vacancy 16.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$1.56M
$1.36M – $1.81M
NOI $108,864 @ 7.0% cap · market cap 6.22%
Second Best
Healthcare Medical
$1.26M
$1.10M – $1.47M
NOI $87,912 @ 7.0% cap · market cap 5.02%
Theoretical Best
Office A
$2.35M
$2.06M – $2.75M
NOI $164,736 @ 7.0% cap · market cap 9.41%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Similar Off Market Nearby
- Mt Shasta Animal Hospital — 1130 N Mt Shasta Blvd, Mt Shasta, CA 96067
Frequently Asked Questions
What type of property is this?
Medical Office Space - Ground-floor medical office with exam and procedure rooms plus rental apartments and private parking.
Where is this medical office space located?
The property is located at 721 721 Pine Street Mount Shasta, CA.
What is the asking price?
The asking price for this property is $1,750,000.
What are key features of this property?
This property features: 8,000 SF mixed‑use building with 4,500 SF ground‑floor medical office and 3,500 SF second‑floor space; Medical office includes 7 exam rooms, a procedure room, 4 private physician’s offices, waiting room/reception, nurses station, kitchenette, breakroom, and storage rooms; Second floor offers 2 apartments with 2‑1 unit mix plus several large offices
