Photo of 447 Macdade Boulevard, Collingdale PA
     
447 Macdade Boulevard
Collingdale, PA 19023
Collingdale Borough
Southeast Delco School District
Delaware County
Asking Price$449,900
# of Units1
1 Bdrm Units2
2 Bdrm Units1
Age94
HeatingNatural Gas
CoolingWall Unit
WaterPublic
SewerPublic
Garages2
Taxes (2023)13,868

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.

Room Sizes

Location


Driving Directions
GPS - Corner of MacDade and Marshall Ave in Collingdale

Details
Garage(s) - Additional Storage Area, Garage - Side Entry
Parking - Concrete Driveway, Driveway, Attached Garage, On Street, Off Street
Basement - Concrete Perimeter, Block
Exterior Features - Awning(s), Secure Storage, Concrete
Cooling - Ceiling Fan(s), Attic Fan, Window Unit(s), Wall Unit
Heating - Radiator, Natural Gas
Hot Water - Natural Gas
Sewer - Public Sewer
Water - Public

Notes
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Assessment : 0
Latitude : 39.914340
Longitude : -75.272260
EveryHome Number : ADE204-30427
Listing Courtesy CG Realty, LLC
Zoning Designation COMMERCIAL