Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    2920 Emaus Ave Allentown, PA 18103

    Sponsored
    For Sale
    $160,000

    Profitable auto repair business for sale.

    Property size:
    3,773 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    399
    This thriving Allentown, PA auto repair business is offered for sale at $160,000. The approximately 3,773 square foot facility, located at 2920 W Emaus Ave, features four service bays equipped with four lifts, compressors, and a tire balancing machine. A substantial inventory of tires is included in the sale, along with a valuable service agreement with U-Haul. The business currently offers safety and emissions inspections, a transferable asset upon completion of necessary training. There's significant potential for expansion into used/new car sales utilizing an adjacent lot. The sale encompasses the business assets only; the building is under a lease with three and a half years remaining at competitive rates. This high-traffic location on W Emaus Ave boasts excellent visibility, situated directly across from a Giants Food Store, Wells Fargo Bank, Great Clips, and other established businesses. Enjoy easy access to major roadways, including Route 309 and I-78. The property is zoned B-3. This is a turnkey opportunity for an experienced automotive professional seeking a well-established business with growth potential in a prime Allentown location.

    Property Features for 2920 Emaus Ave

    General Information

    Property type
    Automotive properties
    Square Feet
    3,773 SF

    Building Details

    Stories
    1

    HighLights

    • $160,000 asking price for this established auto shop business.
    • 3,773 square foot retail space.
    • Located at 2920 W Emaus Ave, Allentown, PA 18103, in a high‑traffic area near major retailers and with easy highway access.
    • Includes four lifts, compressors, tire balancing machine, extensive tire inventory, and a U‑Haul service agreement.
    • Business only for sale; lease terms available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Auto shops

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Allentown
    County
    Lehigh
    State
    Pennsylvania
    Longitude
    -75.480251
    Latitude
    40.558025

    Nearby Similar for Sale

    • $575,000

      Allentown Commercial Corner Lot Property

      Highly visible corner lot in Allentown's B3 Highway Business District.
      419 W Emaus Ave, Allentown, PA 18103
      View Details
    • $6,500,000
      51,816 SF

      Iconic Mixed-Use Building in Allentown

      Five-story mixed-use building in Downtown Allentown with income potential.
      812 W Hamilton St, Allentown, PA 18101
      View Details
    • $850,000
      3,456 SF

      Allentown City Renovated Multi-Family Property

      Six-unit, fully renovated multi-family property in Allentown City, PA.
      201 N 4Th St, Allentown, PA 18102
      View Details
    • $345,000
      3,034 SF

      Allentown City Two-Story Office Building

      Two-story office building in downtown Allentown with parking.
      135 N 5Th St, Allentown, PA 18102
      View Details
    • $7,500,000
      18,124 SF

      Prime Redevelopment Site in Allentown

      Nearly half-acre corner lot suitable for major redevelopment project.
      915 W Hamilton St, Allentown, PA 18101
      View Details
    • $450,000
      2,512 SF

      Mixed-Use Property with Warehouse

      Allentown City property offering residential and commercial/industrial use.
      359 W Tilghman St, Allentown, PA 18102
      View Details
    • $499,900
      2,912 SF

      Allentown Multifamily and Storefront Property

      Four-unit building with commercial space in revitalizing Allentown location.
      101 W Susquehanna St, Allentown, PA 18103
      View Details
    • New
      $629,900
      3,176 SF

      Mixed-Use Property in Salisbury Township

      Well-maintained mixed-use property with office and residential units in Allentown.
      203 E Emmaus Ave, Allentown, PA 18103
      View Details
    • $749,900

      Allentown Restaurant with Attached Home

      Family-owned restaurant with attached home in West Allentown.
      202 S 17Th St, Allentown, PA 18104
      View Details
    • $4,500,000
      19,200 SF

      Allentown Class A Office Building

      Class A office building in West End Allentown with parking.
      1226 W Green St, Allentown, PA 18102
      View Details
    • $460,000
      2,378 SF

      Allentown City Multi-Family Opportunity

      Stately West End home, currently a single-family rental.
      1831 Hamilton St, Allentown, PA 18104
      View Details
    • $189,500
      1,069 SF

      Allentown City Condo For Sale

      Well-maintained condo in a convenient Allentown City location.
      997 Village Round, Allentown, PA 18106
      View Details

    FAQs

    What type of property is this?
    Automotive property - Profitable auto repair business for sale.
    Where is this automotive property located?
    The property is located at 2920 Emaus Ave Allentown, PA.
    What is the asking price?
    The asking price for this property is $160,000.
    What are key features of this property?
    This property features: $160,000 asking price for this established auto shop business.; 3,773 square foot retail space.; Located at 2920 W Emaus Ave, Allentown, PA 18103, in a high-traffic area near major retailers and with easy highway access.
    Request Owner's contact information
    2920 Emaus Ave Allentown, PA 18103
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    2920 Emaus Ave
    Allentown, PA 18103
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2920 Emaus Ave Allentown, PA 18103
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.