506-510 N Mount Shasta Boulevard, Mount Shasta, CA 96067

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. Schedule a showing to see all that this special property has to offer!