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    Mixed-Use Medical Office and Apartments Title is generated by Realmo AI

    721 721 Pine Street, Mount Shasta, CA 96067

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    For Sale
    $1,750,000

    Ground-floor medical office with exam and procedure rooms plus rental apartments and private parking.

    Type:Mixed Use
    Property size:
    8,000 SF
    Price / SF:
    $218/SF
    Added:
    Jun 3, 2026
    Days on Market:
    12
    Last Refresh:
    Jun 14 at 1:43 am

    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

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    Listing Contact
    Northstate Commercial Partners

    Listing agent Northstate Commercial Partners

    Listing office

    Listing date Jun 3, 2026

    Source Xome

    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

    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
    • 13 private off‑street parking spaces plus detached garage for additional storage
    • Year built: 2003
    • Owner carry available; well‑established medical practice also available

    Overview

    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.

    Local 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 (±1% cap)
    NOI $108,864 @ 7.0% cap · market cap 6.22%
    Second Best
    Healthcare Medical
    $1.26M
    $1.10M – $1.47M (±1% cap)
    NOI $87,912 @ 7.0% cap · market cap 5.02%
    Theoretical Best
    Office A
    $2.35M
    $2.06M – $2.75M (±1% cap)
    NOI $164,736 @ 7.0% cap · market cap 9.41%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Medical Office Space

    Suggested Use

    Real Estate Agency Law Firm Restaurant Dental Office Spa & Massage Center Hair Salon Nail Salon Building Supply Auto Repair Shop Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • Mt Shasta Animal Hospital — 1130 N Mt Shasta Blvd, Mt Shasta, CA 96067

    Location Insight

    • Map
    • Local Demand
    City
    Mount Shasta
    County
    Siskiyou
    State
    California
    Longitude
    -122.3200547
    Latitude
    41.3162219

    FAQs

    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
    More about this property
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