Interior
- Bathrooms
- 0
- Flooring
- Concrete
- Cooling
- Electric, Wall Window Units
- Heating
- None
Active · Commercial
$119,987
2702 Rockey Drive, West Palm Beach, FL 33409
- Beds
- —
- Baths
- 0
- Living area
- — sq ft
- $ / sq ft
- —
- Year built
- 1981
- Lot size
- —
- HOA fee
- —
- Annual tax
- —
About this property
Established & Profitable Automotive Repair Shop in West Palm Beach — Turnkey Opportunity at Below-Market Value. The business is generating over $750,000 in annual revenue. Priced at just $119,000. The operation has demonstrated consistent financial performance over 30 consecutive years. Fully equipped workshop with professional-grade lifts, trained team of 2 employees (technicians, ready for seamless transition, established vendor relationships and supply chain, and a loyal customer base built over years of quality service. All operating systems, processes, and SOPs. Great business opportunity. Two of the Mechanics will stay with the company. Monthly Rent: $5,500. Only $66,000 annually for a business that makes over $700,000 annually. You will have a great ROI.
Property location
Get Directions2702 Rockey Drive, West Palm Beach, FL 33409
Loading property location…
Facts & features
Exterior & Structure
- Property type
- Commercial
- Year built
- 1981
- Stories
- 2
- Roof
- Concrete
- Construction
- Brick, Block, Stucco
- Exterior features
- Fence, Lighting
Parking
- Covered spaces
- 0
- Parking features
- Free Parking
HOA, Community & Financials
- Fee inclusions
- Insurance, Maintenance Grounds, Maintenance Structure, Sewer, Water
- Security
- Building Security, Fenced, Secured Garage Parking, Lobby Secured, Security System
- County
- Palm Beach
- Days on market
- 209
- MLS listing ID
- B26006309
- Listing status
- Active
Investment intelligence
Yield & ROI calculator
Pre-filled from this listing's price, HOA and tax record. Adjust anything to see returns update instantly.
Estimated monthly cash flow
-$265
- Cap rate
- 3.0%
- Net yield
- 3.0%
- Cash-on-cash return
- -9.5%
- Gross yield
- 6.6%
- Mortgage payment
- $569/mo
- Down payment
- $29,997
- Loan amount
- $89,990
- Annual NOI
- $3,648
Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.