Auto Shop with Operating
New
For Sale
$900,000
4600-12 N Front Street, Philadelphia, PA 19140
The sale combines an active mechanic shop with its commercial property, including service bays and customer-facing space.
Property Size1,600 SF
Price / SF$85.27
Days on Market2
Property Features for 4600-12 N Front Street
General Information
Standard status
Active
Size
1,600 SF
Zoning
CMX2
Site & Location
Neighborhood
North Philadelphia
Additional Details
Business Included
Yes
Automotive Uses
auto repair
Real Estate Included
Yes
Taxes and HOA fees
Annual Taxes
$1,948
Amenities
Electric
Yes
Other
2
Public
PB0
125.00 x 55.00
0.24
No
Assessor
Parking Lot
30
1600.00
97440.00
Building Details
Building Size
1,600 SF
Year Built
1940
Buildings
1
Listing Agency:
RE/MAX 2000
(215) 698-2000
Listed By:
Simone Silva · License #RS358091
(215) 768-0392
Source:
Chennaultrealestate
Added: Oct 30
Changed: Oct 31
Last Checked: Oct 31 at 2:58AM
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 RE/MAX 2000
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This auto shop is offered with the operating mechanic business. The building has multiple service bays, an office, and a customer reception area, along with parking and space for vehicle storage. The shop is equipped for ongoing operations, and the transaction includes both the business and the real estate.
The property is zoned CMX2 and was built in 1940.
The property is zoned CMX2 and was built in 1940.
Key Highlights
- Operating mechanic business and commercial real estate offered together
- Multiple service bays, office, and customer reception area
- Parking lot and space for vehicle storage
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$77,491
Cap Rate
8.61%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,549,820
$1.5M
Cap Rate 7%
$1,107,014
$1.1M
Cap Rate 9%
$861,011
$861.0K
Market Conditions
NOI Build-Up for 10,555 SF
Gross rent
$120.3K $11.40/SF
− Vacancy
−$9.6K −$0.91/SF
EGI
$110.7K $10.49/SF
− OpEx
−$33.2K −$3.15/SF
NOI
$77.5K $7.34/SF
Area
Philadelphia, PA
Vacancy
8.00%
Lease Rate
$11.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,549,820
Cap Rate 7%
$1,107,014
Cap Rate 9%
$861,011
Alternative Uses
Best Use
Retail
$1.70M
$1.49M – $1.99M
NOI $119,295 @ 7.0% cap · market cap 13.26%
Second Best
Industrial
$1.11M
$968.6K – $1.29M
NOI $77,491 @ 7.0% cap · market cap 8.61%
Theoretical Best
Multifamily LT 5
$2.57M
$2.25M – $3.00M
NOI $180,120 @ 7.0% cap · market cap 20.01%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
1,479
Businesses Nearby
19k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 61%
Shops & Services 39%
Dunkin' Donuts
Dining
11,340 visits/mo
0.4 miles
PNC Bank
Shops & Services
4,240 visits/mo
0.1 miles
U-Haul
Shops & Services
2,468 visits/mo
0.5 miles
AAMCO Transmissions
Shops & Services
587 visits/mo
0.1 miles
Demographics for 19140, PA
52,124
Population
23,104
Households
2.3
Avg Household Size
36
Median Age
9%
College-Educated
73%
High-School Grad
3.2 sq mi
ZIP Area
16,289
Density / Sq Mi
$33,149
Median Household Income
$31,508
Median Earnings
$1,085
Median Rent
$101,100
Median Home Value
Market
Vacancy Rate% for Retail in Philadelphia, PA
Similar Off Market Nearby
- Two Brothers Starters — 501 Rising Sun Ave, Philadelphia, PA 19140
- Demetrio Auto & Repair — 444 Rising Sun Ave, Philadelphia, PA 19140
- Chinopana Auto Center — 3954 N Fairhill St, Philadelphia, PA 19140
- M&P TIRE SHOP #2 — 530 W Luzerne St, Philadelphia, PA 19140
- SEVERINO TIRE SHOP — 530 W Luzerne St, Philadelphia, PA 19140
Frequently Asked Questions
What type of property is this?
Auto shop - The sale combines an active mechanic shop with its commercial property, including service bays and customer-facing space.
Where is this auto shop located?
The property is located at 4600-12 N Front Street Philadelphia, PA.
What is the asking price?
The asking price for this property is $900,000.
What are key features of this property?
This property features: Operating mechanic business and commercial real estate offered together; Multiple service bays, office, and customer reception area; Parking lot and space for vehicle storage
