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Property profile & analytics
OFF-MARKET
Investment properties

333209 Highway 2 Newport, WA 99156

0.3 ac lot
Property ID
Property summary
AI-generated overview

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 profile
Verified
Property type Investment properties
Lot 0.3 ac (13,068 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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