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Property Description

BACK ON MARKET, BUYER FINANCING FELL THROUGH. 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. 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!

Rents are currently below Market Rate! 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.

Features
: Private, Paved parking
0
: Brick, Stone
: 2+ Access Exits, Ramp - Main Level
N
: Natural gas
: Natural gas
: Washer/dryer Combo On Upper Level
: Refrigerator In Kitchen And Garage
0
N
N
N
: Smoke detector, Main Entrance Lock, Security Gate
MLS Addon
CG Realty, LLC
Anthony Joseph Krupincza
Annually
Annually
304495498849
SOUTHEAST DELCO
0 Acre
7,596 Acre
0
0 Acre
No
: Standard
$16,095
2023
COMMERCIAL
: Public Sewer
: Public
Restaurant/Bar
Commercial Features
0 Acre

Commercial Sale

447-449 MACDADE BOULEVARD, COLLINGDALE, Pennsylvania 19023

$749,900
Listing ID #PADE2045402
Basic Details
Property Type : Commercial Sale
Listing Type : Residential Sale
Listing ID : PADE2045402
Price : $749,900
Year Built : 1930
State : PA
County : DELAWARE
City : COLLINGDALE
Zipcode : 19023
Status : ACTIVE
Property Sub Type : Other
Price Per SQFT : $99
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