2920 Emaus Ave Allentown, PA 18103
- Auto shops
- 3,368 SF
- 1.88 lot acres
Current Use by Public Records
- Auto shops
Property Details for 2920 Emaus Ave
- Lot size
- 1.88 lot acres
- Property size
- 3,368 SF
- Zone code
- B-3
- Property type
- Auto shops
- APN
- 549594121400-1
- APU
- 5495941214001
Description
This exceptional opportunity presents a fully equipped, approximately 3,773 square foot service garage with four bays situated on a 1.88-acre lot at 2920 W Emaus Avenue in Allentown, Pennsylvania. The sale includes four lifts, compressors, a tire balancing machine, and a substantial inventory of tires. A valuable service agreement with U-Haul is also included, providing a steady stream of revenue. The current owner holds a safety and emissions inspection license, transferable to the new owner upon completion of necessary training. This presents a significant additional income stream. The property benefits from its high-traffic location on W Emaus Avenue, directly across from major retailers such as Giants Food Store and Wells Fargo Bank, ensuring high visibility and customer accessibility. The convenient access to Route 309 and I-78 further enhances its appeal. While the sale encompasses the established business and its equipment, the building itself is not included. The current lease agreement has three and a half years remaining at competitive rental rates. The adjacent lot offers potential for expansion, such as used/new car sales, providing further growth opportunities for the new owner. This turnkey operation is priced at $160,000 and represents a compelling investment in a thriving commercial area.
Value Estimations
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Allentown
- County
- Lehigh
- State
- Pennsylvania
- Longitude
- -75.4802
- Latitude
- 40.558
- CBSA code
- 10900
- CBSA name
- ALLENTOWN-BETHLEHEM-EASTON, PA-NJ METROPOLITAN STATISTICAL AREA