1001-1015 S 5th St | Allentown, PA 18103
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1001-1015 S 5th St
Allentown, PA 18103
Retail Property For Sale
Executive Summary
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.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Auto Repair
Building Size
2,910 SF
Building Class
C
Year Built
1933
Price
£673,267
Price Per SF
£231
Tenancy
Single
Number of Floors
1
Building FAR
0.15
Lot Size
0.44 AC
Opportunity Zone
Yes
Zoning
B-3
Parking
20 Spaces (6.87 Spaces per 1,000 SF Leased)
Frontage
166 ft on S 5th St
Amenities
- Pylon Sign
PROPERTY TAXES
| Parcel Number | 640636770029-1 | Improvements Assessment | £160,554 |
| Land Assessment | £67,881 | Total Assessment | £228,436 |
PROPERTY TAXES
Parcel Number
640636770029-1
Land Assessment
£67,881
Improvements Assessment
£160,554
Total Assessment
£228,436
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