9707 Key Peninsula Highway NW

Gig Harbor, WA 98329

  • Bed

  • Bath

  • 0 SqFt

  • 426 DOM

  • Built:

  • Status: Active

$700,000

X

9707 Key Peninsula Highway NW

Gig Harbor 98329

$700000

  • Bed

  • Bath

  • 0 SqFt

  • 426 DOM

  • Built:

  • Status: Active

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Srinivas Kasam

CEO & Founder

(650)533-3259

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!

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Residence Information

  • 0

Features and Utilities

Financial

  • Cash Out, Conventional

  • 04-10-2024

Comparable Information

  • 426

  • 426

  • Cash Out, Conventional

  • $949,950

  • $949,950

  • Jun 11, 2025 00:50

Schools

Map

Listing courtesy of Real Estate 2000 Inc..

The content relating to real estate for sale on this site comes in part from the IDX program of the NWMLS of Seattle, Washington. Real Estate listings held by brokerage firms other than this firm are marked with the NWMLS logo, and detailed information about these properties include the name of the listing's broker. Listing content is copyright © 2025 NWMLS of Seattle, Washington. All information provided is deemed reliable but is not guaranteed and should be independently verified. Kasamestates data last checked: Jun 13, 2025 19:59 | Listing last modified Jun 11, 2025 00:50. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

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