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    721 Pine St Mount Shasta, CA 96067

    Sponsored
    For Sale
    $1,750,000

    Mixed-use investment opportunity in prime location.

    Property size:
    8,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional mixed-use property in Mount Shasta, California, presents a unique investment opportunity. The 8,000-square-foot building, constructed in 2003, comprises two structures on a 0.29-acre lot (APN: 057-101-170). The main building features a 4,500-square-foot ground floor medical office space, complete with seven exam rooms, a procedure room, four private physician's offices, a waiting room with reception, nurses' station, kitchenette, breakroom, and storage areas. Upstairs, a 3,500-square-foot area houses two 2-bedroom/1-bathroom apartments, currently rented. A detached garage provides additional storage. The property is classified as Class B and boasts a desirable location near the hospital and other medical providers. The established medical practice, operating for over 20 years, serves over 3,000 patients and has a waiting list, offering significant potential for expansion. The asking price for the property is $1,750,000. This presents a compelling opportunity for owner-users or investors seeking a strong return in a thriving community. The property consists of three units in total across two buildings, spanning two stories.

    Property Features for 721 Pine St

    General Information

    Property type
    Multifamily properties
    Square Feet
    8,000 SF
    Class
    B
    Lot Size
    12,632 SF

    Building Details

    Year Built
    2003
    Buildings
    2
    Stories
    2
    Units
    3

    HighLights

    • 8,000 SF mixed‑use building on a 0.29‑acre lot in Mount Shasta, CA (APN: 057‑101‑170).
    • Main building features 4,500 SF of medical office space with seven exam rooms and four physician offices.
    • Upper floor contains two 2‑bed/1‑bath apartments, currently rented.
    • Includes a detached garage.
    • Class B building, located near hospital and other medical providers.
    • Established medical practice (20+ years) with 3,000+ patients and a waiting list.
    Property Profile Location Intelligence

    Current Use by Public Records

    Medical offices

    Suggested Use

    Realty agency Law Firm Restaurant Dental Office Spa & Massage Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Mount Shasta
    County
    Siskiyou
    State
    California
    Longitude
    -122.31990125019
    Latitude
    41.316445498943

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    FAQs

    What type of property is this?
    Multifamily property - Mixed-use investment opportunity in prime location.
    Where is this multifamily property located?
    The property is located at 721 Pine St 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 on a 0.29-acre lot in Mount Shasta, CA (APN: 057-101-170).; Main building features 4,500 SF of medical office space with seven exam rooms and four physician offices.; Upper floor contains two 2-bed/1-bath apartments, currently rented.
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    Mount Shasta, CA 96067
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    721 Pine St Mount Shasta, CA 96067
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