333209 Highway 2 Newport, WA 99156
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.