1001-1015 S 5th St
Allentown, Pennsylvania 18103, United States

MLS#: 748872

$850,000 USD

Minimum sellable space
270m² (2,910ft²)
The details

Property features

Date Updated: Nov 28, 2024

Construction details

Year built
1933

Area

Property size
270m² (2,910ft²)
Land/Lot size
1,781m² (0.44ac)
Cooling system
Window Unit(s)
Heating system
Oil

Description

This nearly 3,000 square foot building is situated on a spacious 19,000 square foot lot, offering parking for approximately 40 vehicles. Designed for automotive repair or service, the property features five overhead doors and includes four automotive lifts, making it a turnkey opportunity for investors or owner-operators. With a current gross income of $96,000 per year and net income exceeding $80,000 annually, this property delivers strong cash flow and reliable income. Located in a prime area that supports automotive and light industrial services, this is an excellent chance to secure a high-yield investment property.

Location

1001-1015 S 5th St, Allentown, Pennsylvania 18103, United States
map image
Courtesy of Claudio Tiburcio CENTURY 21 Keim Realtors