9707 Key Peninsula Highway Nw, Gig Harbor, Washington 98329

WA, Gig Harbor
$700,000
  • 0.00 Acre
  • Business Opportunity Property Type
  • Active Status
Steven Meyer
Steven Meyer Realtyna
  • (302) 525 8222
  • Steven.m@realtyna.net
  • 200 Continental Drive, Suite 401, Newark, DE 19713 USA
Contact To Steven Meyer
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 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!

Basic Details
  • Property Type: Business Opportunity
  • Listing Type: For Sale
  • Listing ID: NWM2217930
  • Price: $700,000
  • Lot Area: 0.00 Acre
  • Property Sub Type: Business Opportunity
  • Office Name: Real Estate 2000 Inc.
  • Agent Name: David M. Hilbert
  • Listing Status: Active
Address Map
  • Country US
  • State WA
  • County Pierce
  • City Gig Harbor
  • Zipcode 98329
  • Street: Key Peninsula
  • Street Number: 9707
  • Street Suffix: Highway
  • Longitude: W123° 15' 31.4''
  • Latitude: N47° 20' 45''
  • Mls Area Major: 9 - Key Peninsula North
  • Street Dir Suffix: NW
Additional Information
  • Business Type: See Remarks,Services
  • On Market Date: 2024-04-10
Listing Information
  • Co List Agent Full Name: Robert Croote
  • Co List Office Name: Real Estate 2000 Inc.
  • Mls Status: Active
  • Modification Timestamp: 2025-11-10T22:29:34Z
  • Originating System Name: NWMLSDEMO
  • Special Listing Conditions: None
  • Status Change Timestamp: 2024-04-11T00:06:28Z
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Last updated on 05/21/2026 6:49

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