1070 Applebutter Rd Bethlehem, PA 18015-9585

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.