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    1001-1015 5Th St Allentown, PA 18103

    For Sale
    $850,000

    Turnkey auto shop; strong cash flow.

    Property size:
    2,910 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional Allentown, PA investment opportunity presents a fully operational auto repair shop spanning 2,910 square feet. Situated on a sizable 0.44-acre lot (approximately 19,000 square feet), the property boasts ample parking for roughly 40 vehicles. Built in 1933, the building is zoned B-3 and features five overhead doors, crucial for efficient vehicle access and operation. The interior includes four automotive lifts, significantly enhancing operational capabilities and minimizing the need for immediate capital investment. The property's current annual gross income is $96,000, generating a net income exceeding $80,000 annually, demonstrating a strong and reliable cash flow. The high ceilings, ranging from 13 to 15 feet, provide ample workspace and storage. This turnkey operation is ideally located in Allentown, within a thriving area supporting automotive and light industrial services, making it an attractive proposition for both investors seeking high-yield returns and owner-operators looking to establish or expand their business. The address is 1001-1015 S 5th St, Allentown, PA 18103. This is a rare chance to acquire a well-established, profitable business with significant upside potential. The asking price is $850,000.

    Property Features for 1001-1015 5Th St

    General Information

    Property type
    Automotive properties
    Square Feet
    2,910 SF
    Lot Size
    19,166 SF

    Building Details

    Year Built
    1933

    HighLights

    • $850,000 asking price for this Allentown, PA auto shop.
    • 2,910 square foot building on a 0.44‑acre lot.
    • Features five overhead doors and four automotive lifts.
    • Currently generates $96,000 gross annual income and over $80,000 net annual income.
    • Located in Allentown, PA (18103) at 1001‑1015 S 5th St, with B‑3 zoning.
    • 13‑15 foot ceiling height.
    Property Profile Location Intelligence

    Current Use by Public Records

    Auto shops

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store 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
    -75.462534
    Latitude
    40.5919095

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    FAQs

    What type of property is this?
    Automotive property - Turnkey auto shop; strong cash flow.
    Where is this automotive property located?
    The property is located at 1001-1015 5Th St Allentown, PA.
    What is the asking price?
    The asking price for this property is $850,000.
    What are key features of this property?
    This property features: $850,000 asking price for this Allentown, PA auto shop.; 2,910 square foot building on a 0.44-acre lot.; Features five overhead doors and four automotive lifts.
    Request Owner's contact information
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    Realmo Value Estimation

    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.

    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
    1001-1015 5Th St Allentown, PA 18103
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