Property summary
This exceptional investment opportunity in Thorndale, PA, presents a thriving, turnkey towing and automotive business established in 1996. The property includes four tow trucks valued at $600,000, all necessary equipment for continued operations, and six fully-leased residential units, providing a stable income stream beyond the core business. Located at 3540 Lincoln Hwy, this mixed-use property boasts a substantial 30,650 square foot lot and a 2,000 square foot building, zoned TV1. The property features a Class B building constructed in 1980 and offers a compelling 14.30% cap rate with a Net Operating Income (NOI) of $429,139. The asking price is $3,000,000, representing a fee simple ownership opportunity. The property's APN is 39-04H-0033, 39-04H-0033.0100, 39-04H-0034, 39-04H-0035, 39-04H-0036. The business enjoys long-term contracts and offers significant value-add potential through business expansion or rental income increases. The property is ideally situated on Business Route 30 and is ready for immediate operation, with no deferred maintenance. Occupancy for the property is slated for December 13, 2024. This is a rare opportunity to acquire a well-established business with substantial rental income, offering both immediate returns and long-term growth potential.
Property profile
VerifiedCap rate & NOI
Current use
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Auto Repair Shop
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Home Decor Store
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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Cap rate
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from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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