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Dashboard
- $700k Price
- 7,596 Sqft
- 377 DOM
447-449 Macdade Blvd
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.
Essential Information
- MLS® #PADE2045402
- Price$699,900
- Bathrooms0.00
- Square Footage7,596
- Acres0.00
- Year Built1930
- TypeCommercial Sale
- Sub-TypeOther
- StatusActive Under Contract
Community Information
- Address447-449 Macdade Blvd
- AreaCollingdale Boro (10411)
- CityCOLLINGDALE
- CountyDELAWARE-PA
- StatePA
- MunicipalityCOLLINGDALE BORO
- Zip Code19023
Amenities
- ParkingPrivate, Paved Parking
Interior
- HeatingRadiator
- # of Stories4
Cooling
Ceiling Fan(s), Wall Unit, Window Unit(s)
Exterior
- ExteriorBrick and Siding, Stone
- RoofShingle
School Information
- DistrictSOUTHEAST DELCO
Additional Information
- Date ListedApril 25th, 2023
- Days on Market377
- ZoningCOMMERCIAL
Listing Details
- OfficeCG Realty, LLC
- Office Contact(610) 566-5182
Price Change History for 447-449 Macdade Blvd, COLLINGDALE, PA (MLS® #PADE2045402)
| Date | Details | Price | Change |
|---|---|---|---|
| Active Under Contract | – | – | |
| Price Reduced (from $749,900) | $699,900 | $50,000 (6.67%) | |
| Active | – | – | |
| Active Under Contract (from Active) | – | – |
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Listing information last updated on November 27th, 2024 at 6:15am CST.