721 Pine St Mount Shasta, CA 96067
For Sale
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Excellent location close to the Hospital and other medical providers in beautiful Mt. Shasta, this mixed use building offers a unique opportunity for an investor. The 8000sqft building consists of a 4500sqft ground floor Medical Office and a 3500sqft 2nd floor that has 2-2/1 apartments that are currently rented and several large offices. The medical office features 7 exam rooms, a procedure room, 4 private physician's offices, a waiting room with reception counter, nurses station, a kitchenette and breakroom, and additional rooms used for storage. There is also a detached garage for storage. The well-established medical practice is available and presents an excellent opportunity to expand the practice and the much needed medical services in the area. The Shasta Family Medical clinic has been in this location for 20+ years and Dr. Higer currently provides services to over 3000 patients, with a waiting list. There's room to add services and the practice would benefit from bringing on additional providers. The practice and the property are available together for $2,000,000 Owner Carry may be available
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.