Description
Back on the market, as buyer financing fell through. price for two buildings without the liquor license to $399,900! 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.
Property Type
Multi-FamilyCounty
DELAWAREStyle
OtherAD ID
43755664
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Property Details
-
Interior Features
Water/Sewer
- Water Source : Public
Interior Features
- Roof : Shingle
- Exterior Property Features : Awning(s),Secure Storage
Roofing Information
- Shingle
Heating & Cooling
- Cooling: Ceiling Fan(s),Attic Fan,Window Unit(s),Wall Unit
- Heating: Radiator
- Cooling Fuel: None
- Heating Fuel: Natural Gas
-
Exterior Features
Building Information
- Exterior Features: Awning(s),Secure Storage
- Year Built: 1930
- Structure: Over Storefront
- New Construction: No
- Total Units: 1
- Built: 1930
- Construction Material: Concrete
- Roof: Shingle
- Foundation/Basement: Concrete Perimeter,Block
- Architecture: Other
- Pool/Private: No Pool
- Roof Type: Shingle
Pool Information
- Pool: No Pool
Utility Features
- Sewer: Public Sewer
Water
- Water Heat: Natural Gas
-
Property / Lot Details
Lot Information
- Lot Size: 0
- Dimensions: 20.00 x 125.00
- Lot Size (Acres): 0.00
- Architectural Style: Other
- Main Square Feet: 0
Property Information
- SQ ft: 0
- SQ ft (Living Area): 0
- Total Lot SQ ft: 0
- View: Street
- Financing: Cash,Bank Portfolio,Conventional
- Appx. Lot Dimensions: 20.00 x 125.00
- Total Acreage: 0.00
- New Construction: No
- Type: Other
-
Listing Information
Listing Information
- Possession: 0-30 Days CD,Immediate,Negotiable
- Days Of Market: 364
-
Taxes / Assessments
Tax Information
- Annual Tax: $14,245
- Tax Year: 2024
- Total Taxes Payment Frequency: Annually
Possession
- 0-30 Days CD,Immediate,Negotiable
Assessment Information
- Taxes Assessment Amount: $314,580
-
Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Parking Information
- Parking Features: Concrete Driveway
- Garage: 2
- Garage Type: Additional Storage Area,Garage - Side Entry
- Parking Type: Driveway,Attached Garage,On Street,Off Street
Multi-Unit Information
- Acceptable Financing: Cash,Bank Portfolio,Conventional
- Roof: Shingle
Homeowners Association Information
- Direction: GPS - Corner of MacDade and Marshall Ave in Collingdale
-
School, Utilities & Location Details
School Information
- School District: SOUTHEAST DELCO
Utility Information
- Water Source: Public
- Sewer: Public Sewer
- Cooling Fuel: None
- Heating Fuel: Natural Gas
- Hot Water: Natural Gas
Location Information
- Location Type: Suburban
- Direction: GPS - Corner of MacDade and Marshall Ave in Collingdale
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BuyOwner last updated this listing 11/16/2024 @ 20:52
- MLS: PADE2045652
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: BRIGHT MLS
is a Other, with 0 bedrooms which is for sale, it has 0 sqft, 0 sized lot, and 2 parking. A comparable Other, has bedrooms and baths, it was built in and is located at and for sale by its owner at . This home is located in the city of COLLINGDALE , in zip code 19023, this DELAWARE County Other and are nearby neighborhoods.