1001-1015 5Th St Allentown, PA 18103
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.