1070 Applebutter Rd Bethlehem, PA 18015-9585
- Auto shops
- 3,792 SF
- 0.37 lot acres
Current Use by Public Records
- Full Circle Removal / Demolition Contractor / Debris Removal Service
- Sincerely Yours, Your 1 Stop Shop / Auto Body Shop
- Diamond Detailing / Car Detailing Service
- Automotive MD LLC / Auto Repair Shop
Property Details for 1070 Applebutter Rd
- Year built
- 1959
- Lot size
- 0.37 lot acres
- Property size
- 3,792 SF
- Zone code
- RG
- Property type
- Auto shops
- APN
- P7NE4A 3 1 0204
- APU
- P7NE4A310204
Description
Exceptional investment opportunity: a 3,792 square foot auto repair shop located at 1070 Applebutter Road, Bethlehem, Pennsylvania, 18015. This Class C, single-story building sits on a 15,900 square foot lot (APN: P7NE4A3 1 0204) and boasts ten garage bays, perfect for a variety of automotive uses. The property includes a detailing area and a garage facility. Currently, approximately 1,100 square feet of garage bays and office space are available for sublease. The building, constructed in 1959, is move-in ready and zoned RG. Financial highlights include an asking price of $615,000, a current cap rate of 10.50%, and a pro-forma cap rate of 11.61%. The Net Operating Income (NOI) is $71,420. The property's convenient location offers easy access to I-78 and Routes 378, 22, and 33, making it ideal for an auto garage or small contractor business. This owner-user investment presents a strong return on investment with significant upside potential.
Value Estimation
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CAP approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Bethlehem
- County
- Northampton
- State
- Pennsylvania
- Longitude
- -75.3295
- Latitude
- 40.6166
- CBSA code
- 10900
- CBSA name
- ALLENTOWN-BETHLEHEM-EASTON, PA-NJ METROPOLITAN STATISTICAL AREA
