6118 GRAND BOULEVARD, New Port Richey, FL 34652
Business - NEW PORT RICHEY, FL
- Added:
- May 28, 2026
- Days on Market:
- 4
- Last Refresh:
- May 31 at 12:06 am
Property Features for 6118 GRAND BOULEVARD
General Information
- Property type
- Commercial Sale
- Property subtype
- Business
- Zoning
- C
- Security features
- Closed Circuit Camera(s)
- Exterior features
- Corner Lot, Level, 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 May 28, 2026
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
- Grandfathered Automotive Service Business: Established for 53 years, the only automotive repair business in downtown New Port Richey.
- High Visibility Corner Lot: Features 350 feet of road frontage on Grand Blvd, a heavily traveled thoroughfare and parade route.
- Sale includes the corporation, inventory, intellectual property, client list (3600+\/-), website, and software.
- Income‑Generating Rental Units: Includes 3 fully occupied rental units contributing $1,150\/month in income.
- Strong Financial Performance: Demonstrates clean financials with a 4‑year history, rising revenue, and a 22% CAP rate with almost 200K NOI.
- Real Estate with Additional Retail: Current tenants include a florist, hairdressers, and a consignment shop.
Overview
Local 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 | $69.5k | $15.00 |
| − Vacancy | −$4.5k | −$0.98 |
| EGI | $65.0k | $14.03 |
| − OpEx | −$19.5k | −$4.21 |
| NOI | $45.5k | $9.82 |
Alternative Uses
Current Use by Public Records
Similar Places Nearby
- ABC Tire — 5532 U.S. Hwy 19, New Port Richey, FL 34652
- Big Ray's Auto Care — 5541 us-19, port richey, fl 34652
- Tonys Garage Inc — 5541 U.S. Hwy 19, New Port Richey, FL 34652
- A & J Mobile Automotive — 5520 Tropic Dr, New Port Richey, FL 34653
- Gerber Collision & Glass — 5622 U.S. Hwy 19, New Port Richey, FL 34652
Location Insight
- Map
- Local Demand
- City
- New Port Richey
- County
- Pasco
- State
- Florida
- Longitude
- -82.719474
- Latitude
- 28.24786