9707 Key Peninsula HWY NW Active Save Request In-Person Tour Request Virtual Tour
Gig Harbor,WA 98329
Key Details
Property Type Commercial
Sub Type Business Opportunity
Listing Status Active
Purchase Type For Sale
Subdivision Key Center
MLS Listing ID 2217930
Lot Size 108 Sqft
Property Sub-Type Business Opportunity
Property 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 39.70% 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!
Location
State WA
County Pierce
Area 9 - Key Peninsula North
Others
Acceptable Financing Cash Out,Conventional
Listing Terms Cash Out,Conventional
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