Business Opportunity · Business
6118 GRAND BOULEVARD, NEW PORT RICHEY, FL, 34652
Active74 days on marketListed May 30, 2026MLS #W7886158
About this property
The property at a glance
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
5,944
Building sq ft
$143
Price / sq ft
0.34
Lot acres
1938
Year built
4
Units
4
Buildings
C
Zoning
Business
Property type
The numbers
Investment snapshot
22%
Cap rate
$190,256
Net operating income
$620,171
Gross income (yr)
$212,250
Price / unit
4
Units
Estimated payment (illustrative)
Estimated payment
$4,606/mo
Illustrative only. Commercial loans are underwritten on the property’s income (DSCR, cap rate) — typically 25–35% down with lender-set terms. Ask a commercial lender for real numbers. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Financing
Commercial financing works differently from a home loan — expect roughly 25–35% down with terms driven by the property’s income and your lender’s underwriting (DSCR, cap rate), not FHA or VA programs. Ask David to connect you with a commercial lender for real numbers.
Where it sits
Location & trade area
What’s nearby
Business data © OpenStreetMap contributors
The area
Who's around this property
1,630
Population
$51,317
Median income
45
Median age
2
Avg household
$203,866
Median home value
$1,113/mo
Median rent
147
Households w/ kids
Consumer profile
From girls night out to a movie night in with their closest gal pals, this population is all about getting the girls together for an evening of fun.
Thirst isn't the only reason this population looks for a good brew. From beer drinkers on a budget to the millennial craft beer enthusiast, these men and women are passionate about different kinds of beer and how it's made.
Characterized by their appreciation for all things whiskey, this population enjoys the classy atmosphere of whiskey drinking and learning about different brands.
This population follows the music. From local bands to current acts at the local venue, you can find these people researching band tours and how to get backstage passes.
Driven to succeed in the business world, this population seeks to progress in their career through networking happy hours, summits, and connecting with other professionals online.
Family time is always a good time for these folks. Whether it's a family vacation or making ice cream sundaes at home, this population loves spending time with the people closest to them.
Recent sales
What actually sold near 6118 GRAND BOULEVARD
The most comparable commercial properties that changed hands nearby. No two are identical — ask us for a full comparative analysis.
$650,000
3715 US HIGHWAY 19
4,368 sqft · $149/sqft · Sold Jan 29, 2026
$465,000
6610 EMBASSY BOULEVARD
3,956 sqft · $118/sqft · Sold Oct 15, 2024
$1,399,000
6333 LANGSTON AVENUE
5,976 sqft · $234/sqft · Sold Jan 6, 2026
Your team
The pros in your corner
Your agent
David Ramirez
Real Estate Agent · CENTURY 21 Edge
Tours, offers, and every question about 6118 GRAND BOULEVARD — start here.
Financing contact
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Ask about commercial financing options for 6118 GRAND BOULEVARD.
See it in person
Schedule a tour
Pick a day that works — this goes straight to David's phone and CRM.
Keep looking
Similar properties nearby
Listing courtesy of RE/MAX MARKETING SPECIALISTS · Rebecca Huffsmith. MLS #W7886158.
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Stellar MLS.
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