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    3602 Frankford Ave Philadelphia, PA 19134

    Sponsored
    For Sale
    $950,000

    Established Auto Repair Shop, High Traffic Area

    Property size:
    3,245 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional turn-key auto repair shop, located at 3602-08 Frankford Avenue in Philadelphia, Pennsylvania (zip code 19134), presents a lucrative investment opportunity. The 3,245 square foot building, constructed in 1940, sits on a highly visible and rapidly developing commercial corridor. The property boasts three garage bays, perfect for servicing vehicles efficiently. Inside, you'll find a comfortable office with a waiting area, a spacious additional room suitable for a break room or additional seating, and a customer restroom. The building is zoned CMX2 and includes three loading docks, simplifying logistics. Operational for over a decade, this established business includes all real estate and equipment, making it a seamless transition for a new owner or an expansion opportunity for an existing business. A waste oil heater adds to the building's energy efficiency. This is a rare chance to acquire a well-established business in a prime Philadelphia location. The asking price is $950,000.

    Property Features for 3602 Frankford Ave

    General Information

    Property type
    Automotive properties
    Square Feet
    3,245 SF

    Building Details

    Year Built
    1940
    Buildings
    1
    Stories
    1
    Property Profile Location Intelligence

    Current Use by Public Records

    Auto shops

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Philadelphia
    County
    Philadelphia
    State
    Pennsylvania
    Longitude
    -75.1012542
    Latitude
    39.9984493

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    FAQs

    What type of property is this?
    Automotive property - Established Auto Repair Shop, High Traffic Area
    Where is this automotive property located?
    The property is located at 3602 Frankford Ave Philadelphia, PA.
    What is the asking price?
    The asking price for this property is $950,000.
    Request Owner's contact information
    3602 Frankford Ave Philadelphia, PA 19134
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    Philadelphia, PA 19134
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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
    3602 Frankford Ave Philadelphia, PA 19134
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