Downtown Automotive Service
New
For Sale
Contact for pricing
6118 Grand Blvd, New Port Richey, FL 34652
Corner commercial property with an established automotive repair operation and three occupied rental units.
Property Size5,944 SF
Price / SF$142.83
Days on Market7
Property Features for 6118 Grand Blvd
General Information
Standard status
Active
Size
5,944 SF
Total Parking Spaces
15
Property subtype
Retail, Mixed Use, Business for Sale
Zoning
C
Occupancy
100%
Investment Type
Owner/User
Net Operating Income
$190,256
Financials
Cap Rate
22%
Business Included
Yes
Site & Location
Corner Location
Yes
Road Access
Yes
Building Details
Year Built
1938
Buildings
4
Tenancy
Multi
Listing Agency:
RE/MAX Marketing Specialist
(727) 457-7550
Listed By:
Rebecca Huffsmith · License #SL0520697
Source:
Crexi
Added: Jul 30
Changed: Aug 4
Last Checked: Aug 4 at 6:12AM
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 RE/MAX Marketing Specialist
Investment Insights
Based on property information with market context.
This 5,944-square-foot automotive property occupies a corner parcel in New Port Richey and includes four addresses: 6112, 6114, 6118, and 6124 Grand Blvd. The improvements date to 1938 and support an established automotive repair operation alongside three rental units. The property is zoned C and offers a combination of service-oriented commercial space and occupied ancillary units.
The parcel provides 350 feet of road frontage, including 150 feet directly on Grand Blvd. Its position along a north-south connecting thoroughfare places the property within the city’s downtown area. The three rental units are reported as 100% occupied, with month-to-month tenants that include a florist, hairdressers, and a consignment shop. The sale offering also references the automotive business, inventory, operating systems, customer records, and related business assets, although real estate-only availability is separately noted.
The parcel provides 350 feet of road frontage, including 150 feet directly on Grand Blvd. Its position along a north-south connecting thoroughfare places the property within the city’s downtown area. The three rental units are reported as 100% occupied, with month-to-month tenants that include a florist, hairdressers, and a consignment shop. The sale offering also references the automotive business, inventory, operating systems, customer records, and related business assets, although real estate-only availability is separately noted.
Key Highlights
- 5,944‑square‑foot automotive property on a corner parcel
- Four addresses on one parcel: 6112, 6114, 6118, and 6124 Grand Blvd.
- 350 feet of road frontage, including 150 feet directly on Grand Blvd.
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 | $128.4k | $21.60 |
| − Vacancy | −$10.3k | −$1.73 |
| EGI | $118.1k | $19.87 |
| − OpEx | −$44.3k | −$7.45 |
| NOI | $73.8k | $12.42 |
5,944 SF · lease $21.60/SF/yr · vacancy 8.00% · expense 37.50%
Alternative Uses
Best Use
Mixed Use
$1.05M
$922.8K – $1.23M
NOI $73,824 @ 7.0% cap · market cap 8.70%
Second Best
Retail
$833.6K
$729.4K – $972.6K
NOI $58,355 @ 7.0% cap · market cap 6.87%
Theoretical Best
Office A
$1.35M
$1.18M – $1.58M
NOI $94,781 @ 7.0% cap · market cap 11.16%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Turnkey business
Opportunity
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,448
Businesses Nearby
18k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 65%
Shops & Services 20%
Hotels & Casinos 15%
Beef 'O' Brady's
Dining
8,741 visits/mo
0.2 miles
Thai Bistro
Dining
2,731 visits/mo
0.4 miles
Comfort Inn & Suites
Hotels & Casinos
2,631 visits/mo
0.5 miles
Minuteman Press
Shops & Services
2,614 visits/mo
0.3 miles
Truist
Shops & Services
949 visits/mo
0.5 miles
Demographics for 34652, FL
26,697
Population
14,700
Households
1.8
Avg Household Size
51
Median Age
20%
College-Educated
88%
High-School Grad
8.6 sq mi
ZIP Area
3,104
Density / Sq Mi
$52,396
Median Household Income
$36,819
Median Earnings
$1,189
Median Rent
$198,400
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Friendly kia — 5413 George St, New Port Richey, FL 34652
- ABC Tire — 5532 U.S. Hwy 19, New Port Richey, FL 34652
- Star Body & Paint Shop — 5411 Crafts St, NEW PRT RCHY, FL 34652
- Big Ray's Auto Care — 5541 us-19, port richey, fl 34652
- Overspray Advisors — 5509 Grand Blvd STE 202, New Port Richey, FL 34652
Frequently Asked Questions
What type of property is this?
Auto shop - Corner commercial property with an established automotive repair operation and three occupied rental units.
Where is this auto shop located?
The property is located at 6118 Grand Blvd 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: 5,944‑square‑foot automotive property on a corner parcel; Four addresses on one parcel: 6112, 6114, 6118, and 6124 Grand Blvd.; 350 feet of road frontage, including 150 feet directly on Grand Blvd.
