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1070 Applebutter Rd

3,792 SF 100% Leased Retail Building Bethlehem, PA 18015 £481,207 (£127/SF) 11.61% Net Initial Yield

Investment Highlights

  • 100% Leased

Executive Summary

• 3,792 SF auto repair shop, detailing, and garage facility • 100% leased • 1,100 SF available for sublease • 10 garage bays and office area • Ideal for auto garage or contractor business • Convenient to/from I-78 and Routes 378, 22, & 33

Financial Summary (Pro forma - 2024) Click Here to Access

Annual Annual Per SF
Gross Rental Income $99,999 $9.99
Other Income - -
Vacancy Loss - -
Effective Gross Income $99,999 $9.99
Taxes - -
Operating Expenses - -
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

Financial Summary (Pro forma - 2024) Click Here to Access

Gross Rental Income
Annual $99,999
Annual Per SF $9.99
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual $99,999
Annual Per SF $9.99
Taxes
Annual -
Annual Per SF -
Operating Expenses
Annual -
Annual Per SF -
Total Expenses
Annual $99,999
Annual Per SF $9.99
Net Operating Income
Annual $99,999
Annual Per SF $9.99

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Auto Repair
Building Size
3,792 SF
Building Class
B
Year Built
1959
Price
£481,207
Price Per SF
£127
Net Initial Yield
11.61%
NOI
£55,883
Percent Leased
100%
Tenancy
Multiple
Number of Floors
1
Building FAR
0.24
Land Acres
0.37 AC
Opportunity Zone
Yes
Zoning
RG - Medium Density Residential

Amenities

  • 24 Hour Access

Space Availability

  • Space
  • Size
  • Space Use
  • Position
  • Available
  • 1st Floor
  • 1,100 SF
  • Retail
  • -
  • Now

• Auto repair shop, detailing, and garage facility • Three (3) garage bays and office area for sublease totaling ±1,100 SF • Ideal for small contractor business • Move-in ready • Convenient to/from I-78 and Routes 378, 22, & 33

Space Size Space Use Position Available
1st Floor 1,100 SF Retail - Now

1st Floor

Size
1,100 SF
Space Use
Retail
Position
-
Available
Now

1st Floor

Size 1,100 SF
Space Use Retail
Position -
Available Now

• Auto repair shop, detailing, and garage facility • Three (3) garage bays and office area for sublease totaling ±1,100 SF • Ideal for small contractor business • Move-in ready • Convenient to/from I-78 and Routes 378, 22, & 33

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
P7NE4A-3-1-0204
Land Assessment
£6,260
Improvements Assessment
£8,059
Total Assessment
£14,319
  • Listing ID: 30322445

  • Date on Market: 08/12/2023

  • Last Updated:

  • Address: 1070 Applebutter Rd, Bethlehem, PA 18015

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