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447 Macdade Boulevard
Collingdale, PA 19023
Collingdale Borough
Southeast Delco School District
Delaware County
# of Units
1
1 Bdrm Units
2
2 Bdrm Units
1
Age
94
Heating
Natural Gas
Cooling
Wall Unit
Water
Public
Sewer
Public
Garages
2
Taxes (2023)
13,868
Additional Details Below

Description

BACK ON THE MARKET, AS BUYER FINANCING FELL THROUGH. Price for two buildings without the liquor license to $499,900! 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

Driving Directions

GPS - Corner of MacDade and Marshall Ave in Collingdale

Listing Details

Summary
Garage(s)

•Additional Storage Area, Garage - Side Entry

Parking

•Concrete Driveway, Driveway, Attached Garage, On Street, Off Street

Interior Features
Basement

•Concrete Perimeter, Block

Exterior Features
Exterior Features

•Awning(s), Secure Storage, Concrete

Utilities
Cooling

•Ceiling Fan(s), Attic Fan, Window Unit(s), Wall Unit

Heating

•Radiator, Natural Gas

Hot Water

•Natural Gas

Sewer

•Public Sewer

Water

•Public

Property History

Date
Change
Price

Miscellaneous

Assessment : 0
Zoning: Commercial
Lattitude : 39.914340
Longitude : -75.272260
MLS# : PADE2045652
Views : 183
LQS : 10
Listing Courtesy: Anthony Krupincza of CG Realty, LLC

Notes

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