Versatile Warehouse in Collingdale,
238 CLIFTON Avenue Collingdale, PA 19023
For Sale
$375,000
Commercial Sale - COLLINGDALE, PA
Property Size2,300 SF
Price / SF$163.04
Days on Market87
Property Features for 238 CLIFTON Avenue
General Information
Property type
Other
Property subtype
Retail
Parking features
On Street
Standard status
Active
Size
2,300 SF
Taxes and HOA fees
Tax Annual Amount
6968
Utilities
Heating system
Forced Air
Cooling system
Central Air
Building Details
Year built
1969
Number of units
1
Listing Agency:
Long & Foster Real Estate, Inc.
(610) 892-8300
Listed By:
Michael Mulholland · License #RS277114
(484) 222-8804
Added: May 4
Changed: Jun 9
Last Checked: Jul 29 at 10:06AM
MLS# PADE2114450
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.
Located at 238 Clifton Ave in Collingdale, PA, this two-story warehouse offers approximately 2,300+ square feet of functional industrial space. The building has a 21' x 110' footprint and is suitable for a variety of commercial uses. It is equipped with 3-phase electric service, making it well-suited for heavy-duty operations and equipment. The first floor features a high-output heating system capable of servicing the entire space when properly vented and insulated, adding utility for year-round use. The layout includes two dedicated office spaces and a powder room, providing a practical setup for both administrative and operational needs. The second floor offers additional space and flexibility, however it is not included in the stated square footage. Roof updates include a front section replaced approximately 7-8 years ago, while the rear section has been maintained with ongoing spot repairs. The property has been actively managed with no known major roof leaks. This property is ideal for an owner-user or investor seeking flexible industrial space in a convenient Collingdale location.
Key Highlights
- 2,300+ sq ft of functional industrial space ideal for diverse commercial applications.
- Equipped with 3‑phase electric service, supporting heavy‑duty operations.
- High‑output heating system on the first floor for year‑round usability.
Financial Insights For Industrial
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $21.8k | $9.48 |
| − Vacancy | −$1.9k | −$0.82 |
| EGI | $19.9k | $8.66 |
| − OpEx | −$6.0k | −$2.60 |
| NOI | $14.0k | $6.07 |
2,300 SF · lease $9.48/SF/yr · vacancy 8.60% · expense 30.00%
Alternative Uses
Best Use
Industrial
$199.3K
$174.4K – $232.5K
NOI $13,950 @ 7.0% cap · market cap 3.72%
Second Best
Warehouse
$153.2K
$134.0K – $178.7K
NOI $10,721 @ 7.0% cap · market cap 2.86%
Theoretical Best
Office A
$697.3K
$610.2K – $813.6K
NOI $48,814 @ 7.0% cap · market cap 13.02%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
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Frequently Asked Questions
What type of property is this?
Warehouse - Two-story warehouse with 3-phase electric, ideal for commercial uses.
Where is this warehouse located?
The property is located at 238 CLIFTON Avenue Collingdale, PA.
What is the asking price?
The asking price for this property is $375,000.
What are key features of this property?
This property features: 2,300+ sq ft of functional industrial space ideal for diverse commercial applications.; Equipped with 3‑phase electric service, supporting heavy‑duty operations.; High‑output heating system on the first floor for year‑round usability.
