Auto Repair Shop and Corner
15544 Aurora Ave N Shoreline, WA 98133
For Sale
Contact for pricing
Established auto repair shop plus real estate on a 26,647 SF corner lot with additional rental income.
Property Size26,647 SF
Lot Size0.61 Acres
Price / SF$240.18
Days on Market284
Property Features for 15544 Aurora Ave N
General Information
Standard status
Active
Size
26,647 SF
Lot size
0.61 Acres
Property subtype
LAND
Properties For Sale
at 15544 Aurora Ave N Contact us
Listing Agency:
eXp Commercial
(206) 910-8838
Listed By:
Carrie Field Topacio
(206) 910-8838
Source:
Moodyscre
Added: Oct 20, 2025
Changed: Jul 21
Last Checked: Jul 21 at 5:39PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of eXp Commercial
Investment Insights
Based on property information with market context.
Retirement sale offering an established auto repair shop together with the underlying real estate. The business has served the community for over 40 years and is presented as a family-owned operation. The shop is reported to gross $1.2M+ annually, with additional rental income also included with the offering.
The property consists of a 26,647 SF lot on a prime corner at 15544 Aurora Ave N in Shoreline, WA, described as centrally located near services.
The package includes a completed Phase I Environmental Report. The offering is described as SBA prequalified for a qualified buyer and is presented with an 8.8% cap rate. A tenant lease is referenced with $48,000 per year in additional rental income.
The property consists of a 26,647 SF lot on a prime corner at 15544 Aurora Ave N in Shoreline, WA, described as centrally located near services.
The package includes a completed Phase I Environmental Report. The offering is described as SBA prequalified for a qualified buyer and is presented with an 8.8% cap rate. A tenant lease is referenced with $48,000 per year in additional rental income.
Key Highlights
- Established auto repair shop with 40+ years serving the community in Shoreline, WA
- Auto repair shop grosses $1.2M+ annually plus additional rental income
- Additional rental income of $48,000 per year (tenant) plus $45K noted in rental income
Financial Insights For Retail
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 | $693.9k | $26.04 |
| − Vacancy | −$20.8k | −$0.78 |
| EGI | $673.1k | $25.26 |
| − OpEx | −$201.9k | −$7.58 |
| NOI | $471.1k | $17.68 |
26,647 SF · lease $26.04/SF/yr · vacancy 3.00% · expense 30.00%
Alternative Uses
Best Use
Retail
$6.73M
$5.89M – $7.85M
NOI $471,150 @ 7.0% cap · market cap 7.36%
Second Best
Industrial
$4.42M
$3.87M – $5.15M
NOI $309,228 @ 7.0% cap · market cap 4.83%
Theoretical Best
Office A
$7.59M
$6.64M – $8.85M
NOI $531,074 @ 7.0% cap · market cap 8.30%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Similar Off Market Nearby
- Greenwood Collision Auto Body Shop of Seattle — 14323 Greenwood Ave N, Seattle, WA 98133
- shoreline auto body — 14323 Greenwood Ave N, Seattle, WA 98133
- Nelson Truck Equipment - Seattle — 14325 Aurora Ave N, Seattle, WA 98133
- Muler Auto Repair LLC — 14315 Aurora Ave N, Seattle, WA 98133
- AM-PM Towing Inc — 14315 Aurora Ave N, Seattle, WA 98133
Frequently Asked Questions
What type of property is this?
Auto shop - Established auto repair shop plus real estate on a 26,647 SF corner lot with additional rental income.
Where is this auto shop located?
The property is located at 15544 Aurora Ave N Shoreline, WA.
What is the asking price?
The asking price for this property is $6,400,000.
What are key features of this property?
This property features: Established auto repair shop with 40+ years serving the community in Shoreline, WA; Auto repair shop grosses $1.2M+ annually plus additional rental income; Additional rental income of $48,000 per year (tenant) plus $45K noted in rental income
