$700,000

9707 Key Peninsula Highway NW, Gig Harbor, WA 98329

  • Property Icon Commercial Property
  • Property Year Built Icon Built in ——
  • Property Lot Size Icon109sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 1 year ago

Property Description

This listing courtesy of David M. Hilbert, Real Estate 2000 Inc.

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!

Listing Status:
Active
Listing Office:
Real Estate 2000 Inc. : 425-670-2000
Listing Agent:
David M. Hilbert : 425-670-2000
MLS ID:
2217930
  • A/C: None
  • Heating: None
  • Fireplace: Fireplaces: 0

This listing courtesy of David M. Hilbert, Real Estate 2000 Inc.

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

V

Vaughn Elementary School

17521 Hall Rd NW, Vaughn, WA, 98394

Grades PK-5

1.32 miles away

K

Key Peninsula Middle School

5510 Key Peninsula Hwy NW, Lakebay, WA, 98349

Grades 6-8

2.75 miles away

P

Peninsula High School

14105 Purdy Ln NW, Gig Harbor, WA, 98332

Grades 9-12

6.24 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.