Fantastic investment opportunity in the heart of Collingdale on busy MacDade Blvd. Vacant ground floor commercial space plus 2-bedroom apartment upstairs rented for $1400/month. Live upstairs and run your business downstairs or work downstairs and supplement your mortgage by renting upstairs. Turnkey, blue-chip property with 2 parking spaces in the rear that also makes for a great pure investment to add to your portfolio. Commercial space has central air, a powder room and access to a full-size basement with great ceiling height for storage or additional workspace. The updated apartment with separate entrance has 2 bedrooms, a hall bath, kitchen with island and large living room. Separate gas and electric and 2 hot water tanks. Tons of visibility and demand on this busy section of MacDade Blvd to start your dream business, relocate or add another location for your business. Will not last, schedule your showing today!
6 UNIT Apartment with lots of upgrades since they bought. New roof, New fire escape, Cellar door, Electrical, most of the apartments are renovated, New steel doors and much more.
R-Liquor License. The Liquor license for sale only. The Business not for sale. We have liquor license in Philadelphnia County also.
Great Opportunity! This property boasts a large twin on top of a working store at the street level. It can be a hair/nail salon; or office or even a food place. There is a large living room, dining room, eat-in kitchen and 3 bedrooms. The store and house are on separate electric meters with separate entrances. New roof, fresh new paint, central air and bathroom. Nice backyard with fence and gorgeous balcony for relaxing and entertaining.
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.
Collingdale is located in Pennsylvania. Collingdale, Pennsylvania has a population of 8,800. Collingdale is less family-centric than the surrounding county with 23.63% of the households containing married families with children. The county average for households married with children is 31.92%.
The median household income in Collingdale, Pennsylvania is $47,677. The median household income for the surrounding county is $69,839 compared to the national median of $57,652. The median age of people living in Collingdale is 37.3 years.
The average high temperature in July is 87.2 degrees, with an average low temperature in January of 25.4 degrees. The average rainfall is approximately 46 inches per year, with 16.3 inches of snow per year.
