Two-Level Storefront
For Sale
$489,000
909 S Mt Shasta Blvd Mt, Shasta, CA 96067
COMMERCIAL - Mt Shasta, CA
Property Size1,500 SF
Lot Size0.18 Acres
Price / SF$326
Days on Market53
Property Features for 909 S Mt Shasta Blvd Mt
General Information
Property type
Commercial Sale
Property subtype
Other
Bathrooms
3
Full bathrooms
3
Rooms
Bathroom 2, Bathroom 1, Bathroom 3
Window features
Single Pane Window(s)
Patio and Porch features
Patio
Interior features
Public Restrooms
Exterior features
Handicap Access, Landscaping, Patio, Sidewalk, Sprinklers, Storage
Accessibility
Accessible Approach with Ramp
Subdivision
Mt Shasta
Standard status
Active
Size
1,500 SF
Lot size
0.18 Acres
Utilities
Heating system
Oil
Cooling system
Wall/Window Unit(s)
Amenities
off-street parking lot
3 bathrooms
custom concrete work
irrigated landscaping
Building Details
Year built
1949
Number of units
2
Flooring type
Carpet, Tile, Wood
Roof type
Composition
Architectural style
Other
Additional Structures
Storage
Listing Agency:
J Harris Real Estate
(530) 926-6171
Listed By:
Nikolas Allen · License #02004800
(530) 859-5454
Added: Jul 1
Changed: Aug 14
Last Checked: Aug 22 at 6:06AM
MLS# 20260858
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 1,500-square-foot storefront property was built in 1949 and includes two leasable levels, six rooms, and three distinct spaces. The configuration can accommodate a single occupant or support multiple users through further separation. Three bathrooms, public restrooms, storage, patio space, and a combination of carpet, tile, and wood flooring add practical utility. Construction includes concrete, stucco, and wood elements, with oil heating and wall/window cooling units.
Located in downtown Mt. Shasta at 909 S Mt Shasta Blvd, the property includes an off-street parking lot, sidewalk access, irrigated landscaping, sprinklers, and an accessible approach with ramp. The 0.18-acre site also features custom concrete work and a new membrane roof installed in 2025.
Located in downtown Mt. Shasta at 909 S Mt Shasta Blvd, the property includes an off-street parking lot, sidewalk access, irrigated landscaping, sprinklers, and an accessible approach with ramp. The 0.18-acre site also features custom concrete work and a new membrane roof installed in 2025.
Key Highlights
- 1,500 SF storefront property on a 0.18‑acre site
- Two leasable levels with 6 rooms in 3 separate spaces
- Off‑street parking lot included
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
$19,682
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
4.02%
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%
$393,640
$393.6K
Cap Rate 7%
$281,171
$281.2K
Cap Rate 9%
$218,689
$218.7K
Market Conditions
NOI Build-Up for 1,500 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
$29.9K $19.92/SF
− Vacancy
−$1.8K −$1.18/SF
EGI
$28.1K $18.74/SF
− OpEx
−$8.4K −$5.62/SF
NOI
$19.7K $13.12/SF
Area
Shasta County, CA
Vacancy
5.90%
Lease Rate
$19.92 /SF/Yr
Expense Ratio
30.00%
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%
$393,640
Cap Rate 7%
$281,171
Cap Rate 9%
$218,689
Alternative Uses
Best Use
Retail
$281.2K
$246.0K – $328.0K
NOI $19,682 @ 7.0% cap · market cap 4.02%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$334.0K
$292.2K – $389.6K
NOI $23,377 @ 7.0% cap · market cap 4.78%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
7
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 Retail in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Storefront property - Flexible commercial layout with off-street parking, public restrooms, and accessible ramp entry.
Where is this storefront property located?
The property is located at 909 S Mt Shasta Blvd Mt Shasta, CA.
What is the asking price?
The asking price for this property is $489,000.
What are key features of this property?
This property features: 1,500 SF storefront property on a 0.18‑acre site; Two leasable levels with 6 rooms in 3 separate spaces; Off‑street parking lot included
