Mixed-Use Corner Parcel with
0 MASTER MECHANICS OF NEW PORT RICHEY INC. BOULEVARD, New Port Richey, FL 34652
New
Mixed Use - NEW PORT RICHEY, FL
Type:Mixed Use
Property size:
4,636 SFLot size:
0.34 AcresPrice / SF:
$183/SF- Added:
- Jun 2, 2026
- Days on Market:
- 4
- Last Refresh:
- Jun 5 at 12:06 am
Property Features for 0 MASTER MECHANICS OF NEW PORT RICHEY INC. BOULEVARD
General Information
- Property type
- Commercial Sale
- Property subtype
- Mixed Use
- Zoning
- C
- Security features
- Closed Circuit Camera(s)
- Exterior features
- Corner Lot, Paved
- Appliances
- Refrigerator
- Standard status
- Active
- APN
- 16-26-05-0030-12400-0070
- Size
- 4,636 SF
- Lot size
- 0.34 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 7536
Building Details
- Year built
- 1938
- Number of units
- 4
- Flooring type
- Concrete
- Building materials
- Block, Brick, Stucco
- Roof type
- Built-Up
- Architectural style
- Other
Listing agent Rebecca Huffsmith License #520697 (727) 457-7550
Listing office RE/MAX MARKETING SPECIALISTS 8915 Mitchell Blvd, Trinity, FL, FL (727) 853-7801
Listing date Jun 2, 2026
MLS# W7886425
Listing URL
Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- One parcel includes four addresses: 6112 Grand Blvd., 6114 Grand Blvd., 6118 Grand Blvd., and 6124 Grand Blvd.
- Corner lot with 350 ft of road frontage and 150 ft directly on Grand Blvd.; paved property exterior.
- Includes 3 rental units, 100% occupied; rental income includes $1,150/month, with tenants on month‑to‑month leases.
- Auto repair business included (Master Mechanics of New Port Richey, Inc.) with a history spanning 53 years; includes inventory and business assets.
- Business/real estate financials reported NOI of almost $200K per year, with an indicated 22% cap rate at the asking price.
- Facility features block/brick/stucco construction, built‑up roof, and concrete flooring; Year built 1938.
Overview
This offering includes multiple addresses on one parcel, with an established automotive service business and additional income-producing rental units. The package is described as including MASTER MECHANICS OF NEW PORT RICHEY, INC., along with grandfathered business rights, inventory (inventory list available), intellectual property, phone numbers, website, and signage. It also includes Mitchell Software containing 3,600+/- client contacts and related historical software information, as noted in the remarks. The real estate is described as a corner lot with approximately 350 feet of total road frontage, including about 150 feet directly on Grand Blvd., plus three rental units that are stated to be 100% occupied.
The site is located on Grand Blvd. in New Port Richey, Florida, along a north-south thoroughfare connecting to Main Street, according to the remarks. The property is positioned on a heavily traveled roadway, and the seller notes that city street parades traverse the area, including a March 21, 2026 street parade with more than 100 entries.
For buyers or operators, the configuration supports a mixed-use use case with an existing automotive repair operation and multiple occupied units. The remarks also indicate that other retail buildings on the property are currently occupied by a florist, hairdressers, and a consignment shop, with tenants described as month to month. Financial history is cited as available for more than four years.
The site is located on Grand Blvd. in New Port Richey, Florida, along a north-south thoroughfare connecting to Main Street, according to the remarks. The property is positioned on a heavily traveled roadway, and the seller notes that city street parades traverse the area, including a March 21, 2026 street parade with more than 100 entries.
For buyers or operators, the configuration supports a mixed-use use case with an existing automotive repair operation and multiple occupied units. The remarks also indicate that other retail buildings on the property are currently occupied by a florist, hairdressers, and a consignment shop, with tenants described as month to month. Financial history is cited as available for more than four years.
Local Financial Insights For Mixed Use
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $100.1k | $21.60 |
| − Vacancy | −$8.0k | −$1.73 |
| EGI | $92.1k | $19.87 |
| − OpEx | −$34.5k | −$7.45 |
| NOI | $57.6k | $12.42 |
4,636 SF · lease $21.60/SF/yr · vacancy 8.00% · expense 37.50%
Alternative Uses
Best Use
Mixed Use
$822.6K
$719.7K – $959.7K
NOI $57,579 @ 7.0% cap · market cap 6.78%
Second Best
Multifamily LT 5
$773.0K
$676.4K – $901.9K
NOI $54,113 @ 7.0% cap · market cap 6.37%
Theoretical Best
Office A
$1.06M
$924.1K – $1.23M
NOI $73,924 @ 7.0% cap · market cap 8.71%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
Auto shops
Similar Places Nearby
- Kens General Tires — 4632 U.S. Hwy 19, New Port Richey, FL 34652
- New Port Collision Center — 4625 US-19, Port Richey, FL 34652
- Volkswagen of New Port Richey Service Center — 4719 U.S. Hwy 19 suite #100, New Port Richey, FL 34652
- Factory Engine Exchange, LLC — 4621 Trouble Creek Rd, New Port Richey, FL 34652
- Hyundai of New port Richey — 4727 US-19, New Port Richey, FL 34652
Map
- City
- New Port Richey
- County
- Pasco
- State
- Florida
- Longitude
- -82.719474
- Latitude
- 28.24786
Nearby Similar for Sale
FAQs
What type of property is this?
Auto shop - Mixed-use property on a corner lot combining a long-running automotive service business with occupied rental units.
Where is this auto shop located?
The property is located at 0 MASTER MECHANICS OF NEW PORT RICHEY INC. BOULEVARD New Port Richey, FL.
What is the asking price?
The asking price for this property is $849,000.
What are key features of this property?
This property features: One parcel includes four addresses: 6112 Grand Blvd., 6114 Grand Blvd., 6118 Grand Blvd., and 6124 Grand Blvd.; Corner lot with 350 ft of road frontage and 150 ft directly on Grand Blvd.; paved property exterior.; Includes 3 rental units, 100% occupied; rental income includes $1,150/month, with tenants on month‑to‑month leases.
