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    New Port Richey Automotive Business Title is generated by Realmo AI

    6118 GRAND BOULEVARD, New Port Richey, FL 34652

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    Claim this Listing
    New
    For Sale
    $849,000

    Business - NEW PORT RICHEY, FL

    Type:Business
    Property size:
    4,636 SF
    Lot size:
    0.34 Acres
    Price / SF:
    $183/SF
    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

    We can help!

    Listing Contact
    Rebecca Huffsmith

    Listing agent Rebecca Huffsmith License #520697

    Listing office RE/MAX MARKETING SPECIALISTS 8915 Mitchell Blvd, Trinity, FL, FL

    Listing date May 28, 2026

    MLS# W7886158 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

    • 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

    This commercial property is located within the City of New Port Richey on a heavily traveled thoroughfare connecting Main Street and Grand Blvd. The property includes a grandfathered automotive service business with a 53-year history, the only automotive repair business within the downtown area. The sale includes the Corporation MASTER MECHANICS OF NEW PORT RICHEY, INC., inventory, intellectual property, phone numbers, website, signage, and Mitchell Software containing a client list of over 3600 ongoing customers. The real estate consists of a corner lot with 350 feet of road frontage, including 150 feet directly on Grand Blvd, and three rental units that are 100 percent occupied. The rental units contribute $1,150.00 per month to the overall income. Additional retail buildings are occupied by a florist, hairdressers, and a consignment shop. Tenants are month to month. The business has steadily increased year to year due to rising costs of new automobiles. The property has a lot size of 0.34 acres and a property size of 4636 square feet. The property is zoned C. The location offers high visibility, with every parade in the City of New Port Richey passing by the site.

    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
    4,636 SF · lease $15.00/SF/yr · vacancy 6.50% · expense 30.00%

    Alternative Uses

    Best Use
    Retail
    $650.2K
    $568.9K – $758.6K (±1% cap)
    NOI $45,514 @ 7.0% cap · market cap 5.36%
    Second Best
    Apartment 5plus
    $609.1K
    $533.0K – $710.6K (±1% cap)
    NOI $42,638 @ 7.0% cap · market cap 5.02%
    Theoretical Best
    Office A
    $1.06M
    $924.1K – $1.23M (±1% cap)
    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

    Master Mechanic's Inc Auto Repair Shop

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Pharmacy

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

    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

    FAQs

    What type of property is this?
    Auto shop - Commercial property with grandfathered automotive service business and rental units.
    Where is this auto shop located?
    The property is located at 6118 GRAND 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: 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.
    More about this property
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