Property Details
9707 Key Peninsula Highway NW, Gig Harbor, WA 98329
Gig Harbor, WA 98329
$700,000
Active
1 / 36
MLS# 2217930
Listing courtesy of Real Estate 2000 Inc.
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About This Home
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!
Property Details
Property Information
Property Type
Business Opportunity
Subtype
Business Opportunity
Status
Active
County
Pierce
Neighborhood
Key Center
Listed
Apr 10, 2024
Original Price
$949,950
Interior Features
Bathrooms
0.0
Exterior & Lot
Lot Size
0.00 sqft
Location
City
Gig Harbor
County
Pierce
Coordinates
47.34583, -122.74128
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Estimated Monthly Payment
$0
Down Payment Assistance Available
This property may qualify for homebuyer assistance programs
Find out if you’re eligible for down payment assistance programs that could help make this home more affordable. Programs can provide thousands of dollars toward your down payment and closing costs.
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Last updated: February 24, 2026 4:02 PM
Last updated: February 24, 2026 4:02 PM