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Auto Body Shop with Drive-In Bays
New
For Sale
$1,200,000

2509 W FLETCHER STREET, Philadelphia, PA 19132

Auto body and light industrial shop with wide drive-in bays, generous ceiling heights, and substantial workshop space.

Property Size8,048 SF
Price / SF$149.11
Days on Market5

Property Features for 2509 W FLETCHER STREET

General Information

Standard status Active
Size 8,048 SF
Property subtype Commercial

Building Details

Year Built 1912
Buildings 1
Listing Agency: Valor Real Estate, LLC.
Listed By: Yve S Banks · License #RM423439
Source: Cummingsrealtors
Added: Jul 26 Changed: Jul 30 Last Checked: Jul 30 at 11:18AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Valor Real Estate, LLC.

Investment Insights

Based on property information with market context.

For sale auto body and automotive repair shop / flex industrial building designed for efficient vehicle workflow. The property offers a versatile layout with ample shop space, generous ceiling heights, and wide drive-in bays for straightforward vehicle ingress and egress. The interior configuration supports body work, painting, repairs, and storage, with room for multiple work stations, storage racks, or heavy equipment use.

Located at 2509 W Fletcher Street in Philadelphia, PA 19132, the building was constructed in 1912. It sits in a commercial/industrial corridor oriented toward automotive and service-oriented businesses, supporting visibility and convenient access for operations.

A 3D Matterport tour is available for review.

Key Highlights

  • Auto body and automotive repair shop with wide drive‑in bays for easy vehicle access
  • 8048 SF industrial/commercial building with ample workshop and storage space
  • Generous ceiling heights for body work, painting, repairs, and equipment use

Financial Insights For Retail

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $144.9k $18.00
− Vacancy −$14.9k −$1.85
EGI $129.9k $16.15
− OpEx −$39.0k −$4.84
NOI $91.0k $11.30
8,048 SF · lease $18.00/SF/yr · vacancy 10.30% · expense 30.00%

Alternative Uses

Best Use
Retail
$1.30M
$1.14M – $1.52M (±1% cap)
NOI $90,960 @ 7.0% cap · market cap 7.58%
Second Best
Flex RnD
$1.21M
$1.06M – $1.41M (±1% cap)
NOI $84,745 @ 7.0% cap · market cap 7.06%
Theoretical Best
Multifamily LT 5
$1.96M
$1.72M – $2.29M (±1% cap)
NOI $137,338 @ 7.0% cap · market cap 11.44%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Auto shops

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Building Supply Spa & Massage Center Kitchen & Bath Showroom

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,402
Businesses Nearby
Balanced
Demand for This Use

Demographics for 19132, PA

33,926
Population
17,402
Households
1.9
Avg Household Size
37
Median Age
13%
College-Educated
83%
High-School Grad
2.2 sq mi
ZIP Area
15,421
Density / Sq Mi
$30,974
Median Household Income
$30,300
Median Earnings
$1,055
Median Rent
$73,000
Median Home Value

Market

Vacancy Rate% for Industrial in Philadelphia, PA

4.3% 2019
2.3% 2020
1.6% 2021
2.3% 2022
8.4% 2023
9.1% 2024
11.2% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Similar Off Market Nearby

  • McCoy's Auto & Tire Service Center — 2323 Ridge Ave, Philadelphia, PA 19121
  • Mike's 24hr mobile mechanic — 1909 N Taylor St, Philadelphia, PA 19121
  • Philly MAS 24/7 — 2323 Ridge Ave, Philadelphia, PA 19121
  • 19th St. Auto Repair & Service — philadelphia, pa 19121
  • S R Services Center — 3222 Cecil B. Moore Ave, Philadelphia, PA 19121

Frequently Asked Questions

What type of property is this?
Auto shop - Auto body and light industrial shop with wide drive-in bays, generous ceiling heights, and substantial workshop space.
Where is this auto shop located?
The property is located at 2509 W FLETCHER STREET Philadelphia, PA.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: Auto body and automotive repair shop with wide drive‑in bays for easy vehicle access; 8048 SF industrial/commercial building with ample workshop and storage space; Generous ceiling heights for body work, painting, repairs, and equipment use
More about this property
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