Listing #:
- 2217930
- Price:
- $949,950
- Status:
- Active
- Property Type:
- Business
- # of Acres:
- 0.00
- Year Built:
- 2000
- Comm/Assn:
- Key Center
- City:
- Gig Harbor
- County:
- Pierce
- State:
- WA
- Zip:
- 98329
- Right of 1st Refusal:
- No
QR Code
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). Gross: $1,376,161. Net: $284,484. A 30% 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 $949,950 (listing # 2219284) 6.3% Cap. Fenced Area For 50 Cars, Dual Drive-through Entries, Wired Security, And More! Purchase Both Real Estate & Business Together For $1,899,900 (18% Cap!!). Ask About Sba Loan!
Property Features
- Business Type:
- - See Remarks
- - Services
- Covered Spaces:
- - 7
- Annual Gross Sales:
- - $1,376,161.00
- Annual Rent:
- - $60,000.00
- Location:
- - Free Standing
- - See Remarks
- Net Proceeds:
- - 284484
- # of Employees:
- - 4
- Parking Uncovered Total:
- - 25
- Parcel Number:
- - 0022364007
- Year Established:
- - 2005
Nearby Listings
4.82 Mi.
Listing #: 2127616
18271 E State Route 3
- 0 Bedrooms
- 0.00 Bathrooms
- 0 ft²
