$225,000

1064 STATE ROUTE 72N N, Lebanon, PA 17046

  • Property Icon Commercial Property
  • Property Year Built Icon Built in 2019
  • Property Lot Size Icon0.26acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 2 days ago

Property Description

Fantastic investment opportunity for the investor or mechanic looking to operate their own business. Solid Automotive repair service station located on a busy highway with 2 service bays with 10 foot doors and lifts - the grey lift does not stay with the sale. It is property of the tenant. The blue lift stays. 2 offices. Powder room. Parking lot with space for 15 plus cars. Propane Furnace - Tanks must be leased or purchased at new owner's discretion. No tanks currently on the property. Central Air but not sure if functioning, wall unit AC in office, Electric water heater. The PA State Inspection Machine does not stay. It is property of the State and non transferrable. The tenant pays for all trash removal, heat, electric, water & sewer. The tenant pays $3500 a month since 08/2024 and is now on a month to month basis and operating as DJLow Auto Repair, LLC. The tenant would like to stay making it an excellent investment opportunity. Total income: 42,000. Total expenses: 7859. Expenses breakdown: Taxes, 2859. Insurance estimated, 5,000. Cap Rate: 15%. Note: Public Records lists the building construction date as 2019. This is incorrect. We are unsure as to the year the building was constructed but obviously much older than 2019.

Listing Status:
Active
Listing Office:
RE/MAX Of Reading : 6106702770
Listing Agent:
Jose M Candelaria : 6102078066
MLS ID:
PALN2023912
  • A/C: Central A/CWall Unit
  • Heating: Forced AirPropane - Leased
  • Disability Feature: None
  • Parking: Paved Parking
  • Roofing: AsphaltPitchedRubber
  • General: BlockMixedT-1-11Slab
  • Originating MLS: BRIGHT_MAIN
  • School District: CORNWALL-LEBANON
  • County: LEBANON-PA
  • Zoning: R227-2331292-373822-0000
  • Utilities: 200 amp serviceCircuit breakers
  • Water: Public
  • Sewer: Public Sewer
  • Source: BRIGHT_MAIN
  • Exclusions: All toolsgrey liftair compressorsuppliesmaterialselectronic equipment. State Inspection Machine is leased by current tenant and can't be transferred because it's property of the State of PA. Marquee Business Sign

This listing courtesy of Jose M Candelaria, RE/MAX Of Reading

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

E

Ebenezer Elementary School

1600 Colonial Cir, Lebanon, PA, 17046

Grades KG-5

1.41 miles away

C

Cedar Crest Middle School

101 E Evergreen Rd, Lebanon, PA, 17042

Grades 6-8

3.73 miles away

C

Cedar Crest High School

115 E Evergreen Rd, Lebanon, PA, 17042

Grades 9-12

3.85 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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