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Property profile & analytics
FOR SALE
Auto shops

117 E Grove St Shelton, WA 98584

1,469 SF 0.28 ac lot Built 1963
Entity Owned 17-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US90-1787667
Property summary
AI-generated overview

This exceptional commercial opportunity encompasses a thriving, turn-key brake and muffler auto shop situated on four separate parcels at 117 E Grove Street in Shelton, WA. Priced at $600,000, this offering presents a unique blend of established business and prime commercial land. The business boasts a strong customer base and an impressive 4.9-star Google rating, demonstrating its consistent success and positive reputation within the community. A significant advantage is the completion of Phase 1 and Phase 2 environmental studies, both reporting clean results, eliminating potential environmental concerns for the new owner. The sale includes all four parcels, providing flexibility and potential for future expansion or development. This is a rare opportunity to acquire a profitable, well-regarded business with a clean environmental record and significant land holdings in a desirable location. The property is ready for immediate operation, offering a seamless transition for a new owner. Serious inquiries are encouraged to explore this lucrative investment opportunity further. Detailed financial records and operational information are available upon request. Don't miss this chance to own a successful, established business with substantial land in Shelton, WA.

Property profile
Verified
Property type Auto shops
Use group AUTO REPAIR, GARAGE
Year built 1963
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 1,469 SF
Lot 0.28 ac (12,197 SF)
APN 32019-53-02011
UPID US90-1787667
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
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Hometowne Brake & Muffler LLC · 17 yrs held
Hometowne Brake & Muffler LLC
since 2009
4 recorded transactions
2019
Price N/A
2009
$245,000
2004
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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More about this property
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