Thriving Sports Bar
For Sale
$1,575,000
Pending
1006 MACDADE BOULEVARD, Folsom, PA 19033
Premier sports bar with apartments and R-Liquor License for sale.
Property Size7,600 SF
Lot Size1.25 Acres
Days on Market770
Property Features for 1006 MACDADE BOULEVARD
General Information
Standard status
Pending
Size
7,600 SF
Lot size
1.25 Acres
Property subtype
Commercial/Industrial
Building Details
Year Built
1950
Listing Agency:
Long & Foster Real Estate, Inc.
(484) 239-8657
Listed By:
Eve E Dougherty · License #RS-0037198
(484) 239-8657
Source:
Exitrealty
Added: Jul 4, 2024
Changed: Jul 10
Last Checked: Jul 23 at 8:26AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Long & Foster Real Estate, Inc.
Investment Insights
Based on property information with market context.
This is an opportunity to own a thriving sports bar and property in Delaware County. The sale includes a two-story building with approximately 7,600 sq. ft. of interior space, featuring three apartments and an efficiency unit with rental potential. The property has multiple bars and pub food service, a full basement, an outdoor covered tiki bar, a dancefloor, 23 TVs, and an 11 x 6-foot big screen for entertainment. The property has ample parking and high visibility for foot and vehicle traffic. This versatile property is suitable for an investor or owner to maintain it as a sports bar or transform it into a venue for banquets, restaurants, or nightclubs. The sale includes a Delaware County R-Liquor License. The property is being sold "as-is".
Key Highlights
- Includes a Delaware County R‑Liquor License (valued at $300,000).
- Thriving 30‑year‑old sports bar business and property.
- Two‑story building with ~7,600 sq. ft. of interior space, including three apartments and an efficiency unit for rental income.
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
Apartment 5plus
$1.09M
$952.3K – $1.27M
NOI $76,187 @ 7.0% cap · market cap 4.84%
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
Location Intelligence
Trade Area within ½ mile
741
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
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 Multifamily in Northeast region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
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 - Premier sports bar with apartments and R-Liquor License for sale.
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: Includes a Delaware County R‑Liquor License (valued at $300,000).; Thriving 30‑year‑old sports bar business and property.; Two‑story building with ~7,600 sq. ft. of interior space, including three apartments and an efficiency unit for rental income.
