Two-Story Sports Bar
For Sale
Under Contract
$1,575,000
1006 MACDADE Boulevard, Folsom, PA 19033
Commercial Sale - FOLSOM, PA
Property Size7,600 SF
Lot Size1.25 Acres
Price / SF$207.24
Days on Market781
Property Features for 1006 MACDADE Boulevard
General Information
Property type
Other
Property subtype
Retail
Parking
40
Parking features
Parking Lot
Subdivision
FOLSOM
Elementary school district
RIDLEY
Middle school district
RIDLEY
High school district
RIDLEY
Standard status
Active Under Contract
Lot size
1.25 Acres
Taxes and HOA fees
Tax Annual Amount
29817
Utilities
Heating system
Forced Air
Cooling system
Central Air
Amenities
Outdoor covered tiki bar
Dancefloor
Building Details
Year built
1950
Building materials
Brick, Concrete, Block
Listing Agency:
Long & Foster Real Estate, Inc.
(610) 892-8300
Listed By:
Eve E Dougherty · License #RS310546
(484) 239-8657
Added: Jul 3, 2024
Changed: Aug 12
Last Checked: Aug 22 at 10:06AM
MLS# PADE2070928
Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This two-story bar and pub property contains 7,600 square feet of interior space across a commercial parcel, with three apartments and one efficiency unit. The improvements include multiple bar areas, a pub food operation, full basement storage and operational space, a dance floor, 23 TVs, and an 11x6-foot screen. A covered tiki bar provides additional seasonal service or gathering space, while a dedicated parking lot supports on-site vehicle access.
The offering comprises 8 parcels at 1006 MacDade Boulevard in Folsom, Pennsylvania. The commercial parcel contains the building, while the remaining parcels are classified as residential lots. The property is positioned along MacDade Boulevard and includes a Delaware County R-Liquor License. Sale terms include the real estate, business, and license, with the property conveyed as-is. The building was constructed in 1950 and features brick, concrete, and block construction, forced-air heat, and central air conditioning.
The offering comprises 8 parcels at 1006 MacDade Boulevard in Folsom, Pennsylvania. The commercial parcel contains the building, while the remaining parcels are classified as residential lots. The property is positioned along MacDade Boulevard and includes a Delaware County R-Liquor License. Sale terms include the real estate, business, and license, with the property conveyed as-is. The building was constructed in 1950 and features brick, concrete, and block construction, forced-air heat, and central air conditioning.
Key Highlights
- 7,600‑square‑foot, two‑story building on an 8‑parcel property
- Three apartments plus one efficiency unit
- Multiple bar areas, pub food operation, dance floor, 23 TVs, and an 11x6‑foot screen
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$97,675
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
6.20%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,953,500
$2.0M
Cap Rate 7%
$1,395,357
$1.4M
Cap Rate 9%
$1,085,278
$1.1M
Market Conditions
NOI Build-Up for 7,600 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$136.8K $18.00/SF
− Vacancy
−$6.6K −$0.86/SF
EGI
$130.2K $17.14/SF
− OpEx
−$32.6K −$4.28/SF
NOI
$97.7K $12.85/SF
Area
Delaware County, PA
Vacancy
4.80%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,953,500
Cap Rate 7%
$1,395,357
Cap Rate 9%
$1,085,278
Alternative Uses
Best Use
Specialty Retail
$1.40M
$1.22M – $1.63M
NOI $97,675 @ 7.0% cap · market cap 6.20%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.30M
$2.02M – $2.69M
NOI $161,297 @ 7.0% cap · market cap 10.24%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
4
Residential units
Multi-tenant
Tenancy
Turnkey business
Opportunity
Yes
Paved road access
Yes
Liquor license
Location Intelligence
Trade Area within ½ mile
681
Businesses Nearby
223k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 38%
Dining 33%
Home Improvements & Furnishings 17%
Groceries 10%
Wawa
Shops & Services
49,316 visits/mo
0.4 miles
The Home Depot
Home Improvements & Furnishings
37,083 visits/mo
0.5 miles
Chick-fil-A
Dining
31,066 visits/mo
0.3 miles
Lidl
Groceries
21,345 visits/mo
0.4 miles
Dollar Tree
Shops & Services
21,074 visits/mo
0.4 miles
Demographics for 19033, PA
7,798
Population
2,987
Households
2.6
Avg Household Size
40
Median Age
31%
College-Educated
93%
High-School Grad
1.2 sq mi
ZIP Area
6,498
Density / Sq Mi
$102,313
Median Household Income
$50,659
Median Earnings
$1,284
Median Rent
$264,300
Median Home Value
Market
Vacancy Rate% for Retail in Northeast region
Questions? Ask Rey
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Similar Off Market Nearby
- Discount Beer Store — 336 Kedron Ave, Folsom, PA 19033
- Shamrock Beverage — 1010 MacDade Boulevard, Folsom, PA 19033
- Marty Magee's Irish Pub — 1110 Lincoln Ave, Prospect Park, PA 19076
- Mikey's Place — 439 MacDade Boulevard, Folsom, PA 19033
- Marty Magees — 3 S Macdade Blvd, Glenolden, PA 19036
Frequently Asked Questions
What type of property is this?
Bar & Pub - Two-story commercial venue includes residential units, a full basement, multiple bar areas, and covered outdoor event space.
Where is this bar & pub located?
The property is located at 1006 MACDADE Boulevard Folsom, PA.
What is the asking price?
The asking price for this property is $1,575,000.
What are key features of this property?
This property features: 7,600‑square‑foot, two‑story building on an 8‑parcel property; Three apartments plus one efficiency unit; Multiple bar areas, pub food operation, dance floor, 23 TVs, and an 11x6‑foot screen
