Listed By:
KW Empower
Address
711 Macdade Boulevard, Collingdale, PA
Price
$ 260,000
Property Attributes
  • MLS#PADE2068330
  • TypeCommercial
  • CountyDELAWARE
  • CityCollingdale
  • AreaCollingdale Boro
  • Zip19023
  • StyleHair Salon and Spa,/General Retail,Professional
  • Year Built1960
  • Taxes$ 5537
  • Price$ 260,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage1500
Data Source:
Bright MLS
Property Description

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!

Price History
5/30/2024 Listed $260,000

General Features

Sewer Public Sewer
Heating Forced Air,Baseboard - Electric
Cooling Central A/C,Window Unit(s)
Possession Subject to Existing Lease
Zoning COMMERCIAL MIXED USE
Construction Materials Brick
Year Built 1960
Property SubType Mixed Use
Tax Year 2024
Percent Ownership Fee Simple
Cool Fuel Electric
Gross Income 34800.00
OwnerPays Insurance,Management,Taxes - Real Estate,Water
Business Type Hair Salon and Spa,Other/General Retail,Professional,Other
Accessibility None
County DELAWARE
Net Operating Income 24800.00
Operating Expense 10000.00
New Construction No
Property Type Commercial Sale
Water Access Y/N No
Property Use Investment
Status ACTIVE
Directions MacDade & Clifton
ModificationTimestamp 2024-06-19T04:05:16
City COLLINGDALE
Buyer Agent Compensation 2.5
NumberOfUnitsTotal 2
MLS Area Collingdale Boro (10411)
Lot Size Units Square Feet
Lot Size Square Feet 0.00
Tax Assessed Value 122270.0
Waterfront Y/N No
Tax Annual Amount 5537.0
Price Per Sq Ft Total AG 173.33
Lease Considered Y/N No
Vacation Rental Y/N No
Days on Market 22
Standard Status Active
Year Built Source Estimated
Tax Lot 111-000
Total Actual Rent 34800.00
Cap Rate 9.50
Buyer Agent Compensation Type % Of Gross

Interior Features

Heating Fuel Natural Gas,Electric
Hot Water Electric
Total Stories 2
Heating Y/N Yes
Central Air Y/N Yes
Total Restrooms 2

Exterior Features

Parking Features Private
Water Source Public
Total Parking Spaces 2
Type of Parking Parking Lot,Driveway
Water View Y/N No
Building Area Total 1500.00
Lot Dimensions 16.00 x 96.00
Lot Size Acres 0.00
Lot Size Source Assessor
Land Assessed Value 62150.00
Navigable Water Y/N No
Water Oriented Y/N No
LotDimensionsSource Assessor
Car Parking Spaces 2

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 19023

Price
AVG $430K
$260K
Taxes
AVG $9,240
$5,537
Visits
AVG 223
73
Data Provided by Inside Real Estate®
Year Built
AVG 1947
1960

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