5900 Ogontz Ave Philadelphia, PA 19141-1328
- Auto shops
- 1,890 SF
- 0.24 lot acres
Current Use by Public Records
- Wrench Works / Auto Repair Shop
Property Details for 5900 Ogontz Ave
- Year built
- 1925
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 0.24 lot acres
- Property size
- 1,890 SF
- Zone code
- CMX2
- Property type
- Auto shops
- APN
- 88-2-0083-70
- APU
- 882008370
Description
Exceptional investment opportunity: a 1,920 square foot, fully occupied (100%) car wash and garage located at 5900 Ogontz Ave, Philadelphia, PA 19141. This single-story, 1925-built property sits on a substantial 10,416 square foot lot zoned CMX2, offering significant potential. The asking price is $648,990, translating to $338.02 per square foot and $648,990 per unit. The building features three bays, an office, waiting room, storage room, air pump, bathroom, and central air conditioning. Eleven-foot ceilings accommodate two permanently mounted lifts, with a third potentially negotiable. Existing shelving and equipment are included. The property boasts ample parking and a prime location in Philadelphia, benefiting from high resident density and a strong existing clientele. The current owner, with 47 years of established business and referrals, will transfer their client base to the new owner. While ideal for continued operation as a car wash and repair facility, the large lot size and zoning permit alternative uses, subject to necessary approvals. This is a rare chance to acquire a well-maintained, income-generating property with a rich history and substantial upside. Underground storage tanks have been properly remediated with all necessary documentation.
Value Estimations
-
AI approach
- Method
- Estimation
- ML approach
- $260,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $353,000
- AI Estimate
- $252,000
Market price range: $113k - $516kMarket price range: $112k - $295k
Get a detailed, property-specific valuation — fast and free
Location Insight
- Map
- Local Demand
- City
- Philadelphia
- County
- Philadelphia
- State
- Pennsylvania
- Longitude
- -75.1501
- Latitude
- 40.0439
- CBSA code
- 37980
- CBSA name
- PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA