For Sale
$1,600,000

6826 Ridge Rd Port Richey, FL 34668

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

Overview

Added:
Dec 11, 2024
Days on market:
135
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

FAQs

What type of property is this?
Retail property - Turn-key auto shop, high NOI, excellent location.
Where is the retail property located?
The property is located at 6826 Ridge Rd Port Richey, FL.
What is the asking price?
The asking price for this property is $1,600,000.
What are key features of this property?
This property features: 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.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
6826 Ridge Rd
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message