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Isaac Loviglio

opentoclose@livingluxury.homes +1(941) 241-2581

$849,000

Est. payment - /mo

4,636 SqFt

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Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 4,636 sqft

Price per Sqft $183

Subdivision New Port Richey City

MLS Listing ID W7886425

Construction Status Completed

HOA Y/N No

Year Built 1938

Annual Tax Amount $7,536

Lot Size 0.340 Acres

Acres 0.34

Lot Dimensions 150X150

Property Sub-Type Mixed Use

Source Stellar MLS

Property Description

INCLUDES 4 ADDRESSES ON ONE PARCEL 6112 GRAND BLVD., 6114 GRAND BLVD., 6118 GRAND BLVD. AND 6124 GRAND BLVD., NEW PORT RICHEY FLORIDA AND BUSINESS, MASTER MECHANICS OF NEW PORT RICHEY, INC. ***Highly sought after Commercial Property within the City of New Port Richey on heavily traveled connecting thoroughfare from Main Street, Grand Blvd running North and South and includes a Grandfathered Automotive Service Business with a history spanning 53 years and the only automotive repair business within the downtown City of New Port Richey. High visibility with every parade parade held in the City of New Port Richey traversing past this site. The March 21, 2026 street parade featured more than 100 entries winding through Grand Blvd., Main Street, Sims Park and Orange Lake and drew tens of thousands of spectators. Sale will include the Corporation MASTER MECHANICS OF NEW PORT RICHEY, INC. with grandfathered business, inventory (inventory list available), intellectual property, phone numbers, web site, signage, Mitchell Software which contains 3600+/- client list and contact data of ongoing customers and their family members for three generations (former software, Info Max still available as well) plus more. Sale also includes all real estate consisting of a corner lot with 350 feet of road frontage, 150 feet directly on Grand Blvd. and 3 rental units one hundred percent occupied in addition to the Automotive Repair Business. Rents are below market and contribute $1,150.00 per month to the overall income. Currently additional retail buildings are occupied by a wonderful florist, talented hairdressers and a fabulous consignment shop with many wears. Tenants are month to month. Very clean financials with more than a 4 year financial history. Business has steadily increased year to year due to rising costs of new automobiles. Most family's are opting to repair as apposed to buy new. NOI of almost 200K per year and at the current asking price provides a spectacular 22% CAP rate. Don't miss out on this rare opportunity. Real Estate only without the automotive business, inventory etc. is also available please see MLS W7886156

Location

State FL

County Pasco

Community New Port Richey City

Area 34652 - New Port Richey

Zoning C

Interior

Cooling Office Only

Flooring Concrete

Appliance Refrigerator

Exterior

Parking Features Common, Ground Level, Public Parking

Community Features Sidewalks

Utilities Available Electricity Available, Phone Available, Public, Water Connected

Water Access No

Roof Type Built-Up

Exposure West

Building

Lot Description Central Business District, Corner Lot, Curb and Gutters, City Limits, Near Public Transit, Shopping Center, Sidewalk, Paved

Story 1

Entry Level One

Foundation Slab

Lot Size Range 1/4 to less than 1/2

Sewer Public Sewer

Water Public

Structure Type Block,Brick,Stucco

New Construction false

Construction Status Completed

Others

Ownership Fee Simple

Acceptable Financing Cash, Commercial Financing, Small Business Administration

Listing Terms Cash, Commercial Financing, Small Business Administration

Special Listing Condition None

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Listed by Rebecca Huffsmith RE/MAX MARKETING SPECIALISTS

Schools and Properties Nearby

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Isaac Loviglio

+1(941) 241-2581

Agent | License ID: SL3466395

Agent License ID: SL3466395

0 MASTER MECHANICS OF NEW PORT RICHEY, INC. BLVD New Port Richey, FL 34652

Isaac Loviglio

Key Details

Location

Interior

Exterior

Building

Others

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0 MASTER MECHANICS OF NEW PORT RICHEY, INC. BLVD