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Listed by Real Estate 2000 Inc.
$ 750,000
Est. payment /mo
Active
9707 Key Peninsula HWY NW Gig Harbor, WA 98329
108 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Business Opportunity
Listing Status Active
Purchase Type For Sale
Subdivision Key Center
MLS Listing ID 2217930
Lot Size 108 Sqft
Property Sub-Type Business Opportunity
Property Description
Rare Opportunity To Own An Auto Repair Business Leased In A 6 Bay Auto Center That Has Been Thriving For Over 17 Years! Lease To Be Negotiated With Seller Currently Offered At $5,000 Per Month, Triple Net. 2.47-Acres. Fully Stocked Auto Repair Building. Business Includes A Vast Inventory Of Tools (See Attached List). 2024 Gross: $1,162,588. NOI: $297,438. A 39.70% Cap Rate! Potential to Net Over $600K Yearly If Operated By A Family Of Mechanics Based On 2023 Numbers! Expand Business Hours To Increase Profit! Fenced Area For 50 Cars, Dual Drive-Through Entries, Wired Security, And More! Ask About SBA Loan!
Location
State WA
County Pierce
Area 9 - Key Peninsula North
Interior
Fireplace false
Others
Senior Community No
Acceptable Financing Cash Out, Conventional
Listing Terms Cash Out, Conventional
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