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Listed by Adam Oreck • Oreck Family Partners
$ 1,850,000
Est. payment /mo
Active
506-510 Mount Shasta BLVD Mount Shasta, CA 96067
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID 26-3698
Source Shasta Association of REALTORS®
Property Description
WELL MAINTAINED mixed-use commercial and residential property with a historically low turnover and an upside potential for the right operator. It blends high occupancy commercial frontage with steady multi-family residential rental income. Located on Mt Shasta's most visible corridor and positioned directly on the city's main commercial artery, this property benefits from year-round traffic generated by tourism, outdoor recreation & local commerce. Mt. Shasta attracts visitors for its world-class hiking, skiing, alpine lakes, spiritual retreats, and boutique downtown shopping--creating consistent demand for both storefront visibility & centrally located housing. The downtown area is walkable, vibrant, and supported by strong small-business activity. Core income streams include 7 commercial store fronts, 19 residential apartments -16 in the main building & 3 in the stand alone tri-plex on Chestnut Street, plus vehicle/boat storage. In total there are 22.5 restrooms, including 2 dedicated facilities to support the commercial tenants and a community laundry room to accommodate the residential tenants.
Location
State CA
County Siskiyou
Direction I-5 to Lake street. Left on MS Blvd go through two lights . Complex on Right.
Exterior
Parking Features Not Assigned, Driveway, Additional Parking
Garage Spaces 8.0
Roof Type Other
Total Parking Spaces 8
Garage Yes
Building
Building Description Stucco, Stucco
Level or Stories NaN
Structure Type Stucco
Others
Senior Community No
Tax ID 057-171-040-000
Security Features Smoke Detector(s)
Acceptable Financing Cash to New Loan
Listing Terms Cash to New Loan