272 Riverview Drive is a fully equipped auto service & auto body shop located 10 miles north of Allentown, PA and 25 miles to the NJ border. The building is comprised of a customer lobby, break room, business office and service garage which can accommodate 6 vehicles. This garage has 3 drive-in doors (10 x12 ). A 1,200 SF pole-building was added to the primary garage in 1987 and is the home of a state-of-the-art, double wall steel spray booth. This semi-downdraft spray booth has a marble tile floor and includes a baking system and air-dryer system. This facility includes a fully equipped paint mixing station. Leibenguth Auto Body operated their highly successful business from this location for 49 years until retirement in 2023. The property is served by 3 phase electric, onsite well, on-lot septic, central air conditioning in the offices and heat provided by propane and oil. There are no in-ground tanks present at this property. The sale includes the front parcel with over 150 of frontage on Riverview Drive as well as the gated rear parcel which is 1.18 acres & ideal for vehicle parking and storage. The Zoning is General Commercial which allows for auto service, auto repair, and auto sales. Fuel filling stations are not permitted in this Zoning District. A large, residential one-bedroom apartment is located on the second floor of the service garage.
UNIQUE INVESTMENT OPPORTUNITY in this 20 unit property situated on just shy of 10 acres consisting of two parcels and a short 20 minute commute to the Lehigh Valley. This property consists of 2-3BR units, 2-2BR units, 11-1BR/ efficiency units, 3 storage spaces, a workshop with garage, and a commercial garage.Plenty of value add and upside potential with rent increases and the potential to add more units. Check with zoning and the local municipality regarding options. All residential units are fully occupied with 1 year leases/security deposits in place. Owners pay W/S/T and common electric. All utilities are separate and tenants pay heat(electric), electric, and cable. New roofs and windows were recently installed on all the main buildings and commercial garage.List price reflects a cap rate of over 10% based on current rents and occupancy. Don't miss out on this unique opportunity!!!
5.89 Acre Corner Commercial Development site. Sale or Land-Lease Options. Call for details. 'Sleeper'' Priced right, Prime Retail/Office development site on Route 209 in West End just two miles from Route 33. Daily traffic count 20,000+. HOP could be from Camelia Drive. The site would provide great visibility and plenty of space for development.
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