9707 Key Peninsula Highway NWGig Harbor, WA 98329
Listing courtesy of David M. Hilbert of Real Estate 2000 Inc.
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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). Gross: $1,376,161. Net: $284,484. A 33.5% 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! Real Estate Is Also For Sale For $849,990 (Listing #2219284) 7% CAP. Fenced Area For 50 Cars, Dual Drive-Through Entries, Wired Security, And More! Purchase Both Real Estate & Business Together For $1,699,980, (20.3% CAP!!).
| a month ago | Listing updated with changes from the MLS® | |
| 3 months ago | Price changed to $849,990 | |
| 8 months ago | Status changed to Active | |
| 8 months ago | Listing first seen on site |
Listing courtesy of David M. Hilbert of Real Estate 2000 Inc.
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Based on Information submitted to the MLS Grid as of: 2024-10-29 05:00 PM PDT
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