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

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!

  • Address: 9707 Key Peninsula NW Highway
  • State/county: WA
  • Zip/Postal Code: 98329
  • Country: US

Details

Updated on November 10, 2025 at 10:29 pm
  • Property ID NWM2217930
  • Price $700,000
  • Land Area 0.0025 Acres
  • Garage Size x x
  • Property Status Active

Additional details

  • Listing Terms Cash Out,Conventional
  • County Pierce
  • Property Type Business Opportunity

Mortgage Calculator

360° Virtual Tour

Contact Information

View Listings

Enquire About This Property

0 Review

Sort by:
Leave a Review

Leave a Review

Compare listings

Compare