1001 South 5th Street
$850,000
1001 South 5th Street, Allentown City, PA 18103
For Sale
Mixed Use
Active
Last Updated: 04/17/2025
2,910 sqft
Building Size
19,036 sqft
Lot Area
Details:
Building Size: 2,910 sqft
Lot Area: 19,036 sqft
Year Built: 1933
Zoning: B-3-HIGHWAY BUSINESS
MlsNumber: 748872, 748872
Highlights:
- Lot Dimension: 163.23x118.04IRREG
- Water: Municipal Water
- Sewer: Public
- Heating Fuel Type: Oil
- Cooling: Window A/C
- Exterior Description: Steel Frame
- Age: Over 50 Years Old
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.
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