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28 S MACDADE BOULEVARD #A, Glenolden, PA 19036

A one-story commercial suite includes basement storage and zoning that permits multiple uses by right.

Property Size900 SF
Price / SF$1.94
Days on Market5

Property Features for 28 S MACDADE BOULEVARD #A

General Information

Standard status Active
Size 900 SF
Property subtype Commercial

Amenities

storage space in basement

Building Details

Year Built 1951
Stories 1
Listing Agency: RE/MAX Centre Realtors
Listed By: Teresa M Tomlinson · License #RS281775
Source: Cummingsrealtors
Added: Oct 27 Changed: Oct 30 Last Checked: Oct 30 at 3:00PM

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 RE/MAX Centre Realtors

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This 900-square-foot storefront is arranged as open commercial space on one level, with additional storage in the basement. The building dates to 1951. Prior occupants included a tax service business and a clothing store.

The property fronts MacDade Boulevard in Glenolden, Pennsylvania. Its zoning permits multiple uses by right.

Key Highlights

  • 900 square feet of open commercial space
  • Basement storage area
  • Zoning permits multiple uses by right

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$8,836
Suggested Prices Based on Cap Rates
Cap Rate 5%
$176,720 $176.7K
Cap Rate 7%
$126,229 $126.2K
Cap Rate 9%
$98,178 $98.2K
Market Conditions
NOI Build-Up for 900 SF
Gross rent
$13.5K $15.00/SF
− Vacancy
−$878 −$0.98/SF
EGI
$12.6K $14.03/SF
− OpEx
−$3.8K −$4.21/SF
NOI
$8.8K $9.82/SF
Area
Delaware County, PA
Vacancy
6.50%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$176,720
Cap Rate 7%
$126,229
Cap Rate 9%
$98,178

Alternative Uses

Best Use
Retail
$126.2K
$110.5K – $147.3K (±1% cap)
NOI $8,836 @ 7.0% cap · market cap 504.91%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$272.9K
$238.8K – $318.4K (±1% cap)
NOI $19,101 @ 7.0% cap · market cap 1,091.49%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Real Estate Agency Law Firm Accounting Firm Kitchen & Bath Showroom Dental Office Bakery

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

891
Businesses Nearby
351k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Superstores 30% Shops & Services 29% Groceries 21% Dining 14%
Walmart Superstores
103,766 visits/mo 0.2 miles
ShopRite Groceries
49,814 visits/mo 0.3 miles
Wawa Shops & Services
33,594 visits/mo 0.4 miles
Aldi Groceries
23,903 visits/mo 0.4 miles
Wawa Shops & Services
21,314 visits/mo 0.1 miles

Demographics for 19036, PA

13,102
Population
5,258
Households
2.5
Avg Household Size
39
Median Age
25%
College-Educated
94%
High-School Grad
1.6 sq mi
ZIP Area
8,189
Density / Sq Mi
$76,184
Median Household Income
$43,291
Median Earnings
$1,268
Median Rent
$191,700
Median Home Value

Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025

Similar Off Market Nearby

  • Flower Shoppe — 32 N Chester Pike, Glenolden, PA 19036
  • Collingdale Flowers ! — 1001 MacDade Blvd, Collingdale, PA 19023

Frequently Asked Questions

What type of property is this?
Storefront property - A one-story commercial suite includes basement storage and zoning that permits multiple uses by right.
Where is this storefront property located?
The property is located at 28 S MACDADE BOULEVARD #A Glenolden, PA.
What are key features of this property?
This property features: 900 square feet of open commercial space; Basement storage area; Zoning permits multiple uses by right
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Includes: Price & PSF · Cap rate · Location · Zoning

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