Mixed-Use Corner
724 MACDADE BOULEVARD Darby, PA 19023
New
724 MACDADE BOULEVARD, Darby, PA, 19023
$275,000
For Sale
$275,000
Corner property with a dental office on the first floor and two residential units on the second floor.
Property Size2,200 SF
Price / SF$125
Days on Market7
Property Features for 724 MACDADE BOULEVARD
General Information
- Standard status
- Active
- Size
- 2,200 SF
- Property subtype
- Duplex
Building Details
- Year Built
- 1945
Listing agency
RE/MAX Preferred - Malvern
(267) 270-0909
Listed by
Johan Pathan · License #RS348787
(267) 270-0909
Source
Cummingsrealtors
Added: Jul 15 Updated: Jul 20 at 2:58AM Checked: Jul 21 at 3:25AM
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 Preferred - Malvern
Investment Insights
Based on property information with market context.
This mixed-use corner property offers a practical live-and-work setup. The first floor is currently owner-used as a dental office. The second floor includes a three-bedroom apartment and a one-bedroom apartment, creating flexibility for residential income.
The property is situated at a very busy intersection on MacDade Boulevard and Clifton Ave, supporting steady visibility for the office use.
Utilities are separately metered, which can simplify budgeting and operations. The listing notes a good tenant paying on time, with a requirement of 24 hours’ notice for showings.
The property is situated at a very busy intersection on MacDade Boulevard and Clifton Ave, supporting steady visibility for the office use.
Utilities are separately metered, which can simplify budgeting and operations. The listing notes a good tenant paying on time, with a requirement of 24 hours’ notice for showings.
Key Highlights
- Corner mixed‑use property with a dental office on the first floor
- Second floor includes a 3‑bedroom unit and a 1‑bedroom apartment
- Utilities are separate
Local Financial Insights For Multifamily LT 5
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 | $39.6k | $18.00 |
| − Vacancy | −$5.2k | −$2.34 |
| EGI | $34.4k | $15.66 |
| − OpEx | −$10.3k | −$4.70 |
| NOI | $24.1k | $10.96 |
2,200 SF · lease $18.00/SF/yr · vacancy 13.01% · expense 30.00%
Alternative Uses
Best Use
Office B
$515.3K
$450.9K – $601.1K
NOI $36,068 @ 7.0% cap · market cap 13.12%
Second Best
Healthcare Medical
$448.1K
$392.1K – $522.8K
NOI $31,366 @ 7.0% cap · market cap 11.41%
Theoretical Best
Office A
$667.0K
$583.6K – $778.2K
NOI $46,691 @ 7.0% cap · market cap 16.98%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Collingdale Family Dentistry
Dental Office
Collingdale Dentistry
Dental Office
Dinesh Tewari, DMD
Dental Office
Similar For Sale Nearby
Similar Off Market Nearby
- The Spayed Club Veterinary Clinic — 930 MacDade Blvd, Collingdale, PA 19023
FAQs
What type of property is this?
Medical Office Space - Corner property with a dental office on the first floor and two residential units on the second floor.
Where is this medical office space located?
The property is located at 724 MACDADE BOULEVARD Darby, PA.
What is the asking price?
The asking price for this property is $275,000.
What are key features of this property?
This property features: Corner mixed‑use property with a dental office on the first floor; Second floor includes a 3‑bedroom unit and a 1‑bedroom apartment; Utilities are separate
