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Property profile & analytics
FOR SALE
Auto shops

903 S Market St Elizabethtown, PA 17022

8,130 SF 0.64 ac lot Built 1926
Entity Owned 21-yr Hold ~ Est. High Equity
Property ID
US73-5962252
Property summary
AI-generated overview

This exceptional investment opportunity presents an assemblage of four contiguous parcels totaling 1.05 acres, strategically located at a signalized intersection in Elizabethtown Borough, Pennsylvania. The property boasts a prime location at the entrance to the borough, offering significant frontage on Route 230 (S. Market Street). Currently generating a total gross income of approximately $116,000 and a net income of approximately $48,000 annually, this mixed-use property comprises four residential units and established commercial tenants including an auto repair shop, salon, and physical therapy office. All existing furniture, fixtures, and equipment (FF&E) are included in the sale. Note that current residential tenants include employees of the seller, occupying units at below-market rents, presenting a significant opportunity to increase profitability. The property's four parcels are identified by the following account numbers: 250-01383-0-0000, 250-08913-0-0000, 250-11967-0-0000, and 250-15155-0-0000. Taxes and assessments reflect the total for all four properties. The property's strategic location, existing income stream, and significant redevelopment potential make this an attractive investment for discerning buyers seeking strong returns in a desirable Pennsylvania market. The address is 903 S Market Street, Elizabethtown, PA. Priced at $1,600,000.

Property profile
Verified
Property type Auto shops
Use group AUTO REPAIR, GARAGE
Year built 1926
Construction FRAME
Total area 8,130 SF
Lot 0.64 ac (27,878 SF)
Zoning code C-G
APN 250-01383-0-0000
UPID US73-5962252
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
South Market Street Realty · 21 yrs held
South Market Street Realty
since 2004
2 recorded transactions
2019
Price N/A
2004
$320,000
Zoning & alternative use
C-G · Elizabethtown, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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More about this property
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