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Investment Highlights

  • Close proximity to Mercy Mt. Shasta Hospital and other medical
  • Popular retirement and vacation area
  • Established practice with potential to grow available for purchase
  • Additional Income from 2 Apartments

Executive Summary

Rentals provide additional income or a unique opportunity for provider lodging. Excellent opportunity to expand practice. May make an excellent Urgent Care clinic with very little competition.

Attachments

Pine St Brochure

Property Facts

Price $1,750,000
Price Per Bed $218,750
Sale Type Investment or Owner User
Sale Condition Business Value Included
Property Type Health Care
Building Class C
Lot Size 0.29 AC
Building Size 8,000 SF
No. Beds 8
No. Stories 2
Year Built 2003
Parking Ratio 1.63/1,000 SF
Zoning R-3 - Multi Family Dwelling

About 725 PINE ST , MOUNT SHASTA, CA 96067

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 well established 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.

Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
30/100
Somewhat bikeable
30/100

Property Taxes

Property Taxes

Parcel Number
057-101-170
Land Assessment
$135,602
Improvements Assessment
$589,581
Total Assessment
$725,183
  • Listing ID: 33773583

  • Date on Market: 11/6/2024

  • Last Updated:

  • Address: 725 Pine St, Mount Shasta, CA 96067

Contact the Sale Advisor

725 Pine St - Shasta Family Medical

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