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Auto Repair Shop with Two Lift Bays

738 N Graham Street, Allentown, PA 18109

For Sale
New
$625,000

CommercialSale, Allentown City, PA

Property Size1,800 SF
Lot Size0.12 Acres
Price / SF$347.22
Days on Market3

Property Features for 738 N Graham Street

General Information

Property type Commercial Sale
Property subtype Other
Directions From Union Blvd to N Graham St.
Subdivision Allentown-East
Standard status Active
Size 1,800 SF
Lot size 0.12 Acres

Tenancy & Operations

Currently Operating Yes
Real Estate Included Yes
Business Included Yes

Additional Details

Automotive Uses auto repair

Utilities

Sewer type Public Sewer
Heating system Natural Gas, Electric (Heating)
Cooling system Wall Unit(s)
Water source Public

Amenities

customer parking
fenced storage

Building Details

Year built 1960
Listing Agency: RE/MAX Central - Allentown · RE/MAX International
Listed By: Mary Ann E. Baunach ABR · License #RS216924L
Added: Nov 6 Changed: Nov 7 Last Checked: Nov 8 at 7:06AM
MLS# 787617

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.

Rey
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 1,800-square-foot automotive service property includes an operating repair business focused on older European luxury vehicles, along with service for newer models. Two elevated garage bays are equipped with vehicle lifts. The offering also includes specialized parts, tools, diagnostic equipment and other shop assets. The site measures 0.124 acres and has customer parking plus fenced vehicle storage. Built in 1960, the building has natural gas and electric heating, wall-unit cooling, public water and public sewer.

Located at 738 N Graham Street in Allentown, the property combines the repair operation, its equipment and parts inventory, and the service facility in one offering.

Key Highlights

  • Operating specialty auto repair business included with the property
  • 1,800‑square‑foot building on a 0.124‑acre site
  • Two garage bays fitted with vehicle lifts

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$22,170
Cap Rate
3.55%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$443,400 $443.4K
Cap Rate 7%
$316,714 $316.7K
Cap Rate 9%
$246,333 $246.3K
Market Conditions
NOI Build-Up for 1,800 SF
Gross rent
$33.5K $18.60/SF
− Vacancy
−$1.8K −$1.00/SF
EGI
$31.7K $17.60/SF
− OpEx
−$9.5K −$5.28/SF
NOI
$22.2K $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%
$443,400
Cap Rate 7%
$316,714
Cap Rate 9%
$246,333

Alternative Uses

Best Use
Retail
$316.7K
$277.1K – $369.5K (±1% cap)
NOI $22,170 @ 7.0% cap · market cap 3.55%
Second Best
Industrial
$115.7K
$101.3K – $135.0K (±1% cap)
NOI $8,101 @ 7.0% cap · market cap 1.30%
Theoretical Best
Specialty Retail
$353.6K
$309.4K – $412.6K (±1% cap)
NOI $24,754 @ 7.0% cap · market cap 3.96%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Star Service Center Auto Repair Shop

Suggested Use

Top Pick Real Estate Agency (Bike/Boat/Book/etc) Store Bakery Locksmith Catering Service Cafe & Coffee Shop

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

Lease Details

2
Service bays
Turnkey business
Opportunity
Yes
Fenced yard

Location Intelligence

Trade Area within ½ mile

407
Businesses Nearby
564
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 100%
Camp Bow Wow Shops & Services
564 visits/mo 0.2 miles

Demographics for 18109, PA

18,915
Population
7,395
Households
2.6
Avg Household Size
37
Median Age
19%
College-Educated
80%
High-School Grad
8.2 sq mi
ZIP Area
2,307
Density / Sq Mi
$55,437
Median Household Income
$36,632
Median Earnings
$1,239
Median Rent
$180,200
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

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025

Similar Off Market Nearby

  • Michael K's Performance-Paint — 187 Tilghman St, Allentown, PA 18102
  • Ruth Brothers Auto Service — 917 n 4th st, allentown, pa 18102
  • Garcia auto repairs llc — 917 N 4th St, Allentown, PA 18102
  • Absolute Transmission Service — 917 N 4th St, Allentown, PA 18102
  • 2 R Auto Repair and Transmission — 279 Sumner Ave, Allentown, PA 18102

Frequently Asked Questions

What type of property is this?
Auto shop - The sale includes an operating specialty repair business, shop equipment and an inventory of hard-to-source parts.
Where is this auto shop located?
The property is located at 738 N Graham Street Allentown, PA.
What is the asking price?
The asking price for this property is $625,000.
What are key features of this property?
This property features: Operating specialty auto repair business included with the property; 1,800‑square‑foot building on a 0.124‑acre site; Two garage bays fitted with vehicle lifts
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Includes: Price & PSF · Cap rate · Location · Zoning

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