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    333209 Highway 2 Newport, WA 99156

    For Sale
    $492,000

    High-growth potential, sole provider in 40-mile radius.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    306
    This exceptional business opportunity is located at 333209 Hwy 2, Newport, WA, on a 0.3-acre lot. Priced at $492,000, this turnkey operation offers significant potential for expansion. Currently configured with two bays dedicated to oil changes and general mechanical work, the business provides a wide range of services including tire rotation, transmission flushes, filter changes, belt replacements, and light repairs. The current owner highlights the substantial room for growth within the existing infrastructure. Situated in Newport, WA, a town experiencing recent economic growth, this is the only dedicated oil change business within a 40-mile radius, ensuring a strong and virtually untapped market. This presents a unique opportunity for an entrepreneur to acquire an established business with immediate revenue generation and significant upside potential. The sale includes all existing equipment and inventory, making this a truly turnkey acquisition. The property's strategic highway location ensures high visibility and convenient access for customers. This is an ideal opportunity for an experienced mechanic or business owner seeking a profitable venture in a thriving small-town market. Don't miss this chance to own the only dedicated oil change business in a 40-mile radius.

    Property Features for 333209 Highway 2

    General Information

    Property type
    Investment properties
    Lot Size
    13,068 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Investment properties

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Auto Repair Shop Hair Salon Hotel & Motel Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Newport
    County
    Pend Oreille
    State
    Washington
    Longitude
    -117.0646
    Latitude
    48.1748

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    FAQs

    What type of property is this?
    Investment property - High-growth potential, sole provider in 40-mile radius.
    Where is this investment property located?
    The property is located at 333209 Highway 2 Newport, WA.
    What is the asking price?
    The asking price for this property is $492,000.
    (509) 447-2421
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    Newport, WA 99156
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    333209 Highway 2 Newport, WA 99156
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