1630 South Mt. Shasta Blvd., Mount Shasta, CA 96067

$580,000
Property Type: Comm/Industrial Square Footage: 12,591 Status: Closed
Current Price: $580,000 List Date: 7/03/2018 Last Modified: 8/31/2024

Description

Building under long term lease to Mt Shasta Physical Therapy, which is a 33-year-old physical therapy and fitness center business. $5,250 monthly triple net lease. Easy access to facility along main city street. Features of 11,166 SF fitness center portion of building include gym, lap pool, cardio room, racquetball courts, sauna, massage room, tanning studio, reception and child care area.

Supplements: Additional income of $900 per month from 1,025 SF apartment with attached garage. 20+ off street parking spaces. Present tenant is profitable and growing and is for sale separately subject to assignment of long-term lease. Both owners of the building are owners of building's tenant, Mt Shasta Physical Therapy.

More Information MLS# 18-3710

Address Information

Cross Street: Church Street Number: 1630 Street Name: South Mt. Shasta Blvd. State/Province: CA Postal Code: 96067 County: Siskiyou

Property Description

Type: co List Price: 625000 Parcel Number: 067-010-050 Lot Dim or Acres: 0.60 Sq Ft - Building: 12591 GP Zone: To Follow Zoning: To Follow Year Built Desc: 30+ Current Price: $580,000 Area: 90 - Mt. Shasta

Remarks

Public Remarks: Building under long term lease to Mt Shasta Physical Therapy, which is a 33-year-old physical therapy and fitness center business. $5,250 monthly triple net lease. Easy access to facility along main city street. Features of 11,166 SF fitness center portion of building include gym, lap pool, cardio room, racquetball courts, sauna, massage room, tanning studio, reception and child care area. Directions: 1630 South Mt. Shasta Blvd.

Business Type

See Remarks: 1

Sub Zoning

Conforming: 1

Present Use

Fitness: 1 Health: 1 Service: 1

Exterior

Wood: 1 Block: 1 Metal: 1

Roof

Composition: 1 Metal: 1 Tar & Gravel: 1

Floors

Wood: 1 Concrete: 1

Parking

Off Street: 1 # Off Street Spaces: 20 Private: 1

Sale Inclusions

Lease: 1

Lease Type

Net-Triple: 1

Miscellaneous

Elevator: 1 Fire Alarm: 1 Smoke Detector: 1 Tenants: 1

Lease Term

3 - 5 Years: 1 6 - 10 Years: 1

Utilities

220V: 1 Propane: 1 Public Water: 1 Sewer: 1

Available Terms

All Cash to Seller: 1

Expense Data Source

Tax Return: 1

Heat/Cool

Electric: 1 Evaporative: 1 Heat Pump: 1 Kerosene: 1

Possession

Close of Escrow: 1

Photo

Agent Upload: 1

Selling Terms

Adjustable Rate Mtg: 1

Contract Information

Status: Closed Sold Date: 2019-04-30 Under Contract Date: 2019-02-06 Sold Price: $580,000 List Date: 2018-06-27

Property Features

Business Type: See Remarks Present Use: Fitness; Health; Service Parking: Off Street; Private Sale Inclusions: Lease Sub Zoning: Conforming Exterior: Block; Metal; Wood Roof: Composition; Metal; Tar & Gravel Lease Term: 3 - 5 Years; 6 - 10 Years Lease Type: Net-Triple Expense Data Source: Tax Return Floors: Concrete; Wood Miscellaneous: Elevator; Fire Alarm; Smoke Detector; Tenants Utilities: 220V; Propane; Public Water; Sewer Available Terms: All Cash to Seller Photo: Agent Upload Possession: Close of Escrow Selling Terms: Adjustable Rate Mtg
Listing Office: Gerald Bendix
Last Updated: August - 31 - 2024
1630 South Mt. Shasta Blvd., Mount Shasta, CA 96067- MLS# 18-3710
Information deemed reliable but not guaranteed.

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