2531 Street RdBensalem, PA 19020

Property Details for 2531 Street Rd

Year built

1959

Lot size

0.48 AC

Property size (Sq ft)

3,870 SF

Zone code

C

Property type

Auto shops

APN

02-037-049-001

APU

2037049001

Description

This exceptional investment opportunity presents a well-established auto body shop in Bensalem, PA, boasting a 52-year history and a stellar reputation for quality workmanship. Situated on a 0.49-acre lot with 100 feet of prime Street Road frontage, this high-visibility location ensures consistent customer traffic. The 7-bay facility (4 front, 3 rear) comfortably accommodates up to 17 vehicles, with the capacity to service 14 simultaneously. The sale includes all equipment, valued at over $200,000, comprising one lift and two frame racks – a significant asset for immediate operational continuity. The business benefits from a loyal customer base cultivated over five decades, guaranteeing a strong foundation for continued success. This turnkey operation offers a rare chance to acquire a profitable, established enterprise with significant growth potential. The asking price is $3,300,000. This is an exceptional opportunity for an experienced entrepreneur seeking a proven, profitable business with a long-standing reputation in the community.

• CAP approach

  CAP return

  Valuation

  6%

  $1,169,520

  6.5%

  $1,079,557

  7%

  $1,002,446

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,274,249

  Geo Method

  $1,274,249

• Alternative Use

  Use

  Valuation

  Residential

  $910,646

  Hospitality

  $834,147

  Educational

  $694,001

  Medical

  $717,868

  Retail

  $1,079,557

Location Insight

City

Bensalem

County

Bucks

State

Pennsylvania

Latitude

40.1074

Longitude

-74.9513

CBSA code

37980

CBSA name

PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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