13 21St StNorthampton, PA 18067

  • Retail properties
  • 5,588 SF
For Sale
$4,800,000 View listing

Property Details for 13 21St St

Year built
1900
Lot size
0.52 AC
Property size (Sq ft)
5,588 SF
Zone code
C1
Property type
Retail properties
Property subtype
Gas stations
APN
L4SW1C 8 1 0522
APU
L4SW1C810522

Description

This exceptional investment opportunity presents a fee-simple sale of a thriving neighborhood gas station and full-service car wash located at 13 E 21st St, Northampton, PA 18067. The property sits on three parcels totaling approximately 0.75 acres (19,680 sq ft) in a prime commercial location in Eastern Pennsylvania. The main building, totaling 5,588 square feet, houses a well-established automotive service center featuring seven lifts and seven bays for comprehensive vehicle maintenance and repairs. Services include brakes, tires, oil changes, alignments, and annual vehicle and emissions inspections. A separate 1,296 square foot garage is dedicated to alignments and specialized work. The property also includes four gas pumps, a propane tank, and a full-service car wash, generating diverse revenue streams. Three 10,000-gallon fiberglass underground fuel tanks (installed in 1993 and housed in concrete vaults) with a lifetime guarantee, and one 2,000-gallon kerosene tank (also installed in 1993), support operations. Ample parking accommodates up to 20 vehicles. The property is zoned C1, offering flexibility for potential redevelopment if desired. The asking price is $4,800,000. This established business boasts an extensive client list and significant potential for future growth.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $2,040,574
    6.5%
    $1,883,607
    7%
    $1,749,064
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,852,290
    Geo Method
    $1,839,923
  • Alternative Use

    Use
    Valuation
    Residential
    $1,588,893
    Hospitality
    $1,455,418
    Educational
    $1,210,890
    Medical
    $1,252,535
    Retail
    $1,883,607
13 21St St, Northampton, Pennsylvania

Location Insight

City
Northampton
County
Northampton
State
Pennsylvania
Latitude
40.691
Longitude
-75.4991
CBSA code
10900
CBSA name
ALLENTOWN-BETHLEHEM-EASTON, PA-NJ METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$11,369
$42,800
$99,300
$142,100
-
$85,600
$198,600
$284,200

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].