Bought with Dalny Egeria Sanchez • Allentown City Realty
$225,000
$225,000
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1064 STATE ROUTE 72N N Lebanon, PA 17046
0.26 Acres Lot
Key Details
Sold Price $225,000
Property Type Commercial
Sub Type Services
Listing Status Sold
Purchase Type For Sale
MLS Listing ID PALN2023912
Sold Date 12/29/25
Year Built 2019
Annual Tax Amount $2,859
Tax Year 2025
Lot Size 0.260 Acres
Acres 0.26
Property Sub-Type Services
Source BRIGHT
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.
Location
State PA
County Lebanon
Area North Lebanon Twp (13227)
Zoning R2
Interior
Hot Water Electric
Heating Forced Air
Cooling Central A/C, Wall Unit
Heat Source Propane - Leased
Exterior
Garage Spaces 15.0
Water Access N
Roof Type Asphalt,Pitched,Rubber
Street Surface Black Top,Paved
Accessibility None
Total Parking Spaces 15
Garage N
Building
Foundation Slab
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Cornwall-Lebanon
Others
Tax ID 27-2331292-373822-0000
Ownership Fee Simple
Acceptable Financing Cash
Listing Terms Cash
Financing Cash
Special Listing Condition Probate Listing
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