9707 Key Peninsula NW Highway, Gig Harbor, WA 98329

  • $700,000
9707 Key Peninsula NW Highway, Gig Harbor, WA 98329

9707 Key Peninsula NW Highway, Gig Harbor, WA 98329

9707 Key Peninsula NW Highway, Gig Harbor, WA 98329
  • $700,000
Active
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 42.5% 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! Fenced Area For 50 Cars, Dual Drive-Through Entries, Wired Security, And More! Ask About SBA Loan!

Overview

Property ID: NWM2217930
  • Business Opportunity, Business Opportunity
  • Property Type

Property Details

9707 Key Peninsula NW Highway, Gig Harbor, WA 98329

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 42.5% 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! Fenced Area For 50 Cars, Dual Drive-Through Entries, Wired Security, And More! Ask About SBA Loan!

Details

  • Property ID NWM2217930
  • Price $700,000
  • Land Area 0.0025 Acres
  • Garage Size x x
  • Property Status Active
  • Property Type Business Opportunity, Business Opportunity

Additional details

  • County Pierce
  • Property Type Business Opportunity

Property Documents

Mortgage Calculator

Monthly
  • Down Payment
  • Loan Amount
  • Monthly Mortgage Payment
  • Property Tax
  • Home Insurance
  • PMI
  • Monthly HOA Fees
$
%
%
%
$
$
%

Similar Listings

  • 9707 Key Peninsula NW Highway, Gig Harbor, WA 98329

Compare listings

Compare