Auto Body Shop with Drive-In
For Sale
$1,200,000
2509 W Fletcher St, 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 Market94
Property Features for 2509 W Fletcher St
General Information
Standard status
Active
Size
8,048 SF
Site & Location
Neighborhood
North Philadelphia
Building Details
Year Built
1912
Buildings
1
Listing Agency:
Valor Real Estate, LLC.
Listed By:
Yve S Banks · License #RM423439
(267) 975-0372
Source:
Selltheshore
Added: Jul 29
Changed: Oct 25
Last Checked: Oct 7 at 5:01PM
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.
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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.
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
Estimated NOI and Cap Rate
NOI / Yr
$90,960
Cap Rate
7.58%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,819,200
$1.8M
Cap Rate 7%
$1,299,429
$1.3M
Cap Rate 9%
$1,010,667
$1.0M
Market Conditions
NOI Build-Up for 8,048 SF
Gross rent
$144.9K $18.00/SF
− Vacancy
−$14.9K −$1.85/SF
EGI
$129.9K $16.15/SF
− OpEx
−$39.0K −$4.84/SF
NOI
$91.0K $11.30/SF
Area
Philadelphia, PA
Vacancy
10.30%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,819,200
Cap Rate 7%
$1,299,429
Cap Rate 9%
$1,010,667
Alternative Uses
Best Use
Retail
$1.30M
$1.14M – $1.52M
NOI $90,960 @ 7.0% cap · market cap 7.58%
Second Best
Flex RnD
$1.21M
$1.06M – $1.41M
NOI $84,745 @ 7.0% cap · market cap 7.06%
Theoretical Best
Multifamily LT 5
$1.96M
$1.72M – $2.29M
NOI $137,338 @ 7.0% cap · market cap 11.44%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
1,402
Businesses Nearby
Balanced
Demand for This Use
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Business Placement
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in Philadelphia, PA
Similar Off Market Nearby
- S R Services Center — 3222 Cecil B. Moore Ave, Philadelphia, PA 19121
- Philly MAS 24/7 — 2323 Ridge Ave, Philadelphia, PA 19121
- McCoy's Auto & Tire Service Center — 2323 Ridge Ave, Philadelphia, PA 19121
- Mike's 24hr mobile mechanic — 1909 N Taylor St, Philadelphia, PA 19121
- 19th St. Auto Repair & Service — 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 St 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
