Automotive Service Center with Six
New
For Sale
$950,000
708 18th Street, Allentown, PA 18104
CommercialSale, Allentown City, PA
Property Size4,500 SF
Lot Size0.33 Acres
Price / SF$211.11
Days on Market2
Property Features for 708 18th Street
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
B-3
Elementary school district
Allentown
Middle school district
Allentown
High school district
Allentown
Directions
From Route 22, take the 15th Street exit and head south on N 15th Street. Turn right onto W Tilghman Street, then left onto N 18th Street. Property is located at 708 N 18th Street.
Subdivision
Allentown-West
Standard status
Active
APN
549731354522-1
Size
4,500 SF
Lot size
0.33 Acres
Taxes and HOA fees
Tax Annual Amount
10915
Utilities
Cooling system
Wall Unit(s)
Building Details
Year built
1948
Listing Agency:
Howard Hanna TheFrederickGroup
(610) 398-0411
Listed By:
Jared A. Sawka · License #2565975
(267) 761-8355
Added: Oct 16
Last Checked: Oct 17 at 5:06PM
MLS# 786498
Copyright © 2026 Greater Lehigh Valley REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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 automotive service property contains 4,500 square feet with six service bays. Most of the existing equipment is included, and the building has wall-unit cooling. Constructed in 1948, the facility occupies a 0.331-acre parcel and is zoned B-3.
Located at 708 18th Street in Allentown, Pennsylvania, the property combines the service facility and equipment in one offering.
Located at 708 18th Street in Allentown, Pennsylvania, the property combines the service facility and equipment in one offering.
Key Highlights
- Six service bays
- 4,500 square feet of building area on a 0.331‑acre parcel
- Most existing equipment is included
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$55,426
Cap Rate
5.83%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,108,520
$1.1M
Cap Rate 7%
$791,800
$791.8K
Cap Rate 9%
$615,844
$615.8K
Market Conditions
NOI Build-Up for 4,500 SF
Gross rent
$83.7K $18.60/SF
− Vacancy
−$4.5K −$1.00/SF
EGI
$79.2K $17.60/SF
− OpEx
−$23.8K −$5.28/SF
NOI
$55.4K $12.32/SF
Area
Allentown, PA
Vacancy
5.40%
Lease Rate
$18.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,108,520
Cap Rate 7%
$791,800
Cap Rate 9%
$615,844
Alternative Uses
Best Use
Retail
$791.8K
$692.8K – $923.8K
NOI $55,426 @ 7.0% cap · market cap 5.83%
Second Best
Industrial
$289.3K
$253.2K – $337.6K
NOI $20,253 @ 7.0% cap · market cap 2.13%
Theoretical Best
Specialty Retail
$884.1K
$773.6K – $1.03M
NOI $61,884 @ 7.0% cap · market cap 6.51%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
6
Service bays
Location Intelligence
Trade Area within ½ mile
1,739
Businesses Nearby
156k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 51%
Dining 41%
Groceries 5%
Electronics 3%
McDonald's
Dining
29,623 visits/mo
0.5 miles
Turkey Hill Minit Market
Shops & Services
19,118 visits/mo
0.4 miles
Burger King
Dining
14,384 visits/mo
0.1 miles
Dunkin' Donuts
Dining
12,437 visits/mo
0.5 miles
Dollar General
Shops & Services
12,245 visits/mo
0.1 miles
Demographics for 18104, PA
47,289
Population
18,686
Households
2.5
Avg Household Size
42
Median Age
45%
College-Educated
93%
High-School Grad
23.0 sq mi
ZIP Area
2,056
Density / Sq Mi
$94,279
Median Household Income
$48,585
Median Earnings
$1,620
Median Rent
$296,800
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Northeast region
Similar Off Market Nearby
- Swift Towing — 2307 W Allen St, Allentown, PA 18104
- Chambless Towing Service — 302 N 17th St, Allentown, PA 18104
- One Stop Auto — 1411 W Chew St, Allentown, PA 18102
- Allentown Towing Co. — 526 N St Cloud St #539, Allentown, PA 18104
- Dreisbach's Automotive Sales and Service — 614 N 18th St, Allentown, PA 18104
Frequently Asked Questions
What type of property is this?
Auto shop - A fully equipped shop includes most existing equipment and supports automotive service operations.
Where is this auto shop located?
The property is located at 708 18th Street Allentown, PA.
What is the asking price?
The asking price for this property is $950,000.
What are key features of this property?
This property features: Six service bays; 4,500 square feet of building area on a 0.331‑acre parcel; Most existing equipment is included
