9707 Key Peninsula Highway NW Gig Harbor, WA 98329
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 TypeBusiness Opportunity
- NeighborhoodKey Center
- CountyPierce
- Taxes$0
- HOA/Condo/Coop Fees$0
- Days on Site26 Days
- MLS StatusActive
- MLS ID Number2217930
- Home Size Source N/A
- Year BuiltN/A
- Lot Size0.0025 Acres
- Full BathsN/A
- Partial BathsN/A
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General Features
- Parking Spaces 32
- Acreage 0.0025
- Property Sub Type Business
- Parking Total 32
Interior Features
- Fireplace No
Community Features
- Association Dues 0
- Senior Community No
- MLS Area 9 - Key Peninsula North