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). Gross: $1,376,161. Net: $284,484. A 33.5% 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! Real Estate Is Also For Sale For $849,990 (Listing #2219284) 7% CAP. Fenced Area For 50 Cars, Dual Drive-Through Entries, Wired Security, And More! Purchase Both Real Estate & Business Together For $1,699,980, (20.3% CAP!!).
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School Ratings & Info
Listing information ©2024 Northwest MLS. Listing courtesy of Real Estate 2000 Inc..
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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). Gross: $1,376,161. Net: $284,484. A 33.5% 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! Real Estate Is Also For Sale For $849,990 (Listing #2219284) 7% CAP. Fenced Area For 50 Cars, Dual Drive-Through Entries, Wired Security, And More! Purchase Both Real Estate & Business Together For $1,699,980, (20.3% CAP!!).
The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than NW Home Experts are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. The three tree icon refers to an NWMLS listing. Data last updated 2024-10-11T15:16:18.913. The "Days on Site" data field is calculated by BoomTown and is the number of days since the listing was originally received in our system. It is not the equivalent of "Days on Market". Based on information submitted to the MLS GRID as of 2024-10-11T15:16:18.913. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.