$849,000
6118 Grand Boulevard New Port Richey, FL 34652
For Sale MLS# W7886158
4,636 sq ft Commercial
Details for 6118 Grand Boulevard
MLS# W7886158
Description for 6118 Grand Boulevard, New Port Richey, FL, 34652
INCLUDES 4 ADDRESSES ON ONE PARCEL 6112 GRAND BLVD., 6114 GRAND BLVD., 6118 GRAND BLVD. AND 6124 GRAND BLVD., NEW PORT RICHEY FLORIDA AND BUSINESS, MASTER MECHANICS OF NEW PORT RICHEY, INC. ***Highly sought after Commercial Property within the City of New Port Richey on heavily traveled connecting thoroughfare from Main Street, Grand Blvd running North and South and includes a Grandfathered Automotive Service Business with a history spanning 53 years and the only automotive repair business within the downtown City of New Port Richey. High visibility with every parade parade held in the City of New Port Richey traversing past this site. The March 21, 2026 street parade featured more than 100 entries winding through Grand Blvd., Main Street, Sims Park and Orange Lake and drew tens of thousands of spectators. Sale will include the Corporation MASTER MECHANICS OF NEW PORT RICHEY, INC. with grandfathered business, inventory (inventory list available), intellectual property, phone numbers, web site, signage, Mitchell Software which contains 3600+/- client list and contact data of ongoing customers and their family members for three generations (former software, Info Max still available as well) plus more. Sale also includes all real estate consisting of a corner lot with 350 feet of road frontage, 150 feet directly on Grand Blvd. and 3 rental units one hundred percent occupied in addition to the Automotive Repair Business. Rents are below market and contribute $1,150.00 per month to the overall income. Currently additional retail buildings are occupied by a wonderful florist, talented hairdressers and a fabulous consignment shop with many wears. Tenants are month to month. Very clean financials with more than a 4 year financial history. Business has steadily increased year to year due to rising costs of new automobiles. Most family's are opting to repair as apposed to buy new. NOI of almost 200K per year and at the current asking price provides a spectacular 22% CAP rate. Don't miss out on this rare opportunity. Real Estate only without the automotive business, inventory etc. is also available please see MLS W7886156
Listing Information
Property Type: Commercial, Business
Status: Active
Lot Size: 0.34 Acres
Square Feet: 4,636 sq ft
Year Built: 1938
Stories: 1 Story
Construction: Brick,Block,Stucco
Construction Display: New Construction
Subdivision: New Port Richey City
Foundation: Slab
Number Of Units Total: 4
County: Pasco
Construction Status: New Construction
Interior Features
Appliances: Refrigerator
Flooring: Concrete
Utilities
Water: Public
Sewer: Public Sewer
Other Utilities: Electricity Available,Municipal Utilities,Phone Available,Water Connected
Cooling: Partial
Exterior / Lot Features
Parking Description: Public, Common
Roof: Built-Up
Lot Dimensions: 150X150
Additional Exterior/Lot Features: Corner Lot, Flat, Level, Landscaped, Near Public Transit, City Lot, Central Business District
Out Buildings: Garage(s), Workshop, Other, Outbuilding
Community Features
Community Features: Shopping, Curbs, Sidewalks
Security Features: Closed Circuit Camera(s)
Driving Directions
From US Highway 19 in New Port Richey, East on Main Street, South on Grand Boulevard to property MASTER MECHANICS on East side of Grand Blvd. approximately 3 blocks South of Main Located on the corner of Montana and Grand Blvd.
Financial Considerations
Terms: Cash,SBA Type Loan
Gross Income: 620171
Tax/Property ID: 16-26-05-0030-12400-0070
Tax Amount: 7536
Tax Year: 2025
A broker reciprocity listing courtesy: RE/MAX MARKETING SPECIALISTS
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Payment Calculator
Interest rate and annual percentage rate (APR) are based on current market conditions, are for informational purposes only, are subject to change without notice and may be subject to pricing add-ons related to property type, loan amount, loan-to-value, credit score and other variables. Estimated closing costs used in the APR calculation are assumed to be paid by the borrower at closing. If the closing costs are financed, the loan, APR and payment amounts will be higher. If the down payment is less than 20%, mortgage insurance may be required and could increase the monthly payment and APR. Contact us for details. Additional loan programs may be available. Accuracy is not guaranteed, and all products may not be available in all borrower's geographical areas and are based on their individual situation. This is not a credit decision or a commitment to lend.
Sales History & Tax Summary for 6118 Grand Boulevard
Sales History
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Tax Summary
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Schools
Schools nearby 6118 Grand Boulevard
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The schools shown represent both the assigned schools and schools by distance based on local school and district attendance boundaries. Attendance boundaries change based on various factors and proximity does not guarantee enrollment eligibility. Please consult your real estate agent and/or the school district to confirm the schools this property is zoned to attend. Information is deemed reliable but not guaranteed.
SchoolDigger ® Rating
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