For Sale
$1,600,000

6826 Ridge RdPort Richey, FL 34668

Turn-key auto shop, high NOI, excellent location.

Overview

Added:
Dec 11, 2024
Days on market:
113
This exceptional opportunity presents a fully operational, turn-key automotive and tire shop in Port Richey, Florida. Located on a high-traffic road in Pasco County, this well-maintained, single-tenant building boasts 3,570 square feet across two stories, situated on a 0.33-acre lot. The property features four dock-high doors, 23-foot ceilings, and ample parking for 18 vehicles. The shop is equipped with six lifts (rotary and forward), hydraulic engine hoists and stands, four tire machines, a balancer, alignment equipment, and service computers. Services offered include engine and transmission rebuilds, tune-ups, oil changes, brake services, and tire sales. The building also includes a customer lobby, a private office, and a convenient efficiency apartment with a full bath. The business itself is valued at $400,000, with the real estate valued at $1,200,000. The property is zoned C2 and offers a strong NOI of $188,000, resulting in an attractive 11.75% cap rate. Seller financing is available. This is a prime opportunity for an owner-user seeking a profitable and established business with significant real estate value in a high-visibility location. Detailed financials are available upon request.

Highlights

  • Prime Port Richey, FL location on high-traffic road.
  • Fully operational automotive and tire shop, turn-key business.
  • Offers comprehensive services including engine rebuilds, tire sales, and more.
  • Well-equipped with six lifts, tire machines, alignment equipment, and more.
  • Spacious 3,570 SF building on a 0.33-acre lot with four dock-high doors and 23-foot ceilings.
  • Includes customer lobby, private office, and efficiency apartment.

Property Details for 6826 Ridge Rd

Property type
Retail properties, Retail space
Square Feet
3,570 SF
Class
B
Buildings
1
Stories
2
Lot Size (sq. ft)
14,375 SF
Units
1

Location Insight

City
Port Richey
County
Pasco
State
Florida
Latitude
28.2801828
Longitude
-82.7011856
6826 Ridge Rd, Port Richey, Florida

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6826 Ridge Rd
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