447-449 MACDADE BLVD Active Save Request In-Person Tour Request Virtual Tour
Collingdale,PA 19023
Key Details
Property Type Multi-Family
Sub Type Other
Listing Status Active
Purchase Type For Sale
MLS Listing ID PADE2045652
Style Other
Originating Board BRIGHT
Year Built 1930
Annual Tax Amount $14,245
Tax Year 2024
Lot Dimensions 20.00 x 125.00
Property Description
BACK ON THE MARKET, AS BUYER FINANCING FELL THROUGH. Price for two buildings without the liquor license to $399,900! Excellent opportunity to own this mixed-property with a lounge/bar with over 4,000 square feet of interior space and multiple apartments on top, plus a garage in the back. Parking in the driveway on the side of the building combine for a total of roughly 2-3 parking spots. This investment property currently features 3 apartments with the possibility to create 6-7 units or to bring the lounge/bar back to its glory days and have 4 units upstairs and a two car garage out back. The exterior of the property features large signage right on MacDade Blvd. Great location in the heart of Collingdale situated right on the corner of MacDade Blvd and Marshall Avenue. The large bar/restaurant/tavern has multiple entrances and is fully equipped a pool table, a dance floors, TVs, tons of seating, restrooms and the possibility to bring the kitchen back to full functionality. The main floor and bar seats 40-50 people comfortably. Traffic count is 25,000 plus. Possibility at this location to bring the bar back to it's glory days...restaurant/bar with multiple apartments upstairs. Don't miss out on your chance to own this amazing opportunity! Property is now unoccupied and rents can be increased! There is a ton of potential to bring this to a 9% cap rate. Please verify square footage, as public record was used for square footage information.
Location
State PA
County Delaware
Area Collingdale Boro (10411)
Zoning COMMERCIAL
Interior
Hot Water Natural Gas
Heating Radiator
Cooling Ceiling Fan(s),Attic Fan,Window Unit(s),Wall Unit
Fireplace N
Heat Source Natural Gas
Exterior
Garage Additional Storage Area,Garage - Side Entry
Garage Spaces 5.0
Waterfront N
Water Access N
View Street
Roof Type Shingle
Accessibility None
Road Frontage Public,Boro/Township
Parking Type Driveway,Attached Garage,On Street,Off Street
Attached Garage 2
Total Parking Spaces 5
Garage Y
Building
Foundation Concrete Perimeter,Block
Sewer Public Sewer
Water Public
Architectural Style Other
Additional Building Above Grade,Below Grade
New Construction N
Schools
School District Southeast Delco
Others
Tax ID 11-00-01564-00
Ownership Fee Simple
SqFt Source Assessor
Acceptable Financing Cash,Bank Portfolio,Conventional
Listing Terms Cash,Bank Portfolio,Conventional
Financing Cash,Bank Portfolio,Conventional
Special Listing Condition Standard