$949,950 $5,100 est/mo Sourced by Back At You

9707 Key Peninsula Highway,Gig Harbor, WA 98329

Gig Harbor WA, 98329

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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!

Details

MLS#2217930
Listing TypeFor Sale
StyleCommercial
Sub-TypeResale
StatusActive
Days On Site43
Listing Provided ByReal Estate 2000 Inc. | David M. Hilbert

Features

Acreage0.00

Market Activity 98329

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 Listings courtesy of NWMLS as distributed by MLS GRID.

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Listings Checked: 32 seconds ago
StateWA
CountyPierce
CityGig Harbor
Zip Code98329
Area9 Key Peninsula North
Community NameKey Center
Listing VS Median (in Key Center)
Price:
$949,950
low | high
Med:
$830,000
62.626980367388% of Average
On Site:
43
low | high
Med:
21.000000
100% of Average
Sourced by Back At You
Listing Updated: May 22, 2024 at 9:30:29 AM PDT