Commercial Space with Apartments For
For Sale
Contact for pricing
721 MacDade Blvd, Collingdale, PA 19023
Two-story commercial space with apartments available for purchase.
Property Size3,600 SF
Price / SF$113.89
Days on Market1237
Property Features for 721 MacDade Blvd
General Information
Standard status
Active
Size
3,600 SF
Property subtype
Retail
Building Details
Tenancy
Multi
Listing Agency:
JC Bar Properties
Listed By:
Melissa Lippe · License #RS227988
(215) 264-6964
Source:
Crexi
Added: May 30, 2023
Changed: Oct 10
Last Checked: Oct 16 at 9:03AM
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 JC Bar Properties
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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.
A commercial space encompassing approximately 3,600 square feet across two floors is available for sale. The property also includes apartments.
Key Highlights
- ±3,600 SF Commercial Space available
- Two‑Story Building
- Includes Apartments
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$35,343
Cap Rate
8.62%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$706,860
$706.9K
Cap Rate 7%
$504,900
$504.9K
Cap Rate 9%
$392,700
$392.7K
Market Conditions
NOI Build-Up for 3,600 SF
Gross rent
$54.0K $15.00/SF
− Vacancy
−$3.5K −$0.98/SF
EGI
$50.5K $14.03/SF
− OpEx
−$15.1K −$4.21/SF
NOI
$35.3K $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%
$706,860
Cap Rate 7%
$504,900
Cap Rate 9%
$392,700
Alternative Uses
Best Use
Retail
$504.9K
$441.8K – $589.1K
NOI $35,343 @ 7.0% cap · market cap 8.62%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.09M
$955.1K – $1.27M
NOI $76,404 @ 7.0% cap · market cap 18.64%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
1,087
Businesses Nearby
125k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 51%
Groceries 28%
Dining 10%
Home Improvements & Furnishings 10%
Wawa
Shops & Services
35,124 visits/mo
0.2 miles
Aldi
Groceries
23,903 visits/mo
0.5 miles
Grocery Outlet Bargain Market
Groceries
11,394 visits/mo
0.2 miles
Dunkin' Donuts
Dining
11,060 visits/mo
0.3 miles
Harbor Freight Tools
Home Improvements & Furnishings
11,001 visits/mo
0.2 miles
Demographics for 19023, PA
22,180
Population
9,089
Households
2.4
Avg Household Size
34
Median Age
17%
College-Educated
87%
High-School Grad
2.0 sq mi
ZIP Area
11,090
Density / Sq Mi
$48,962
Median Household Income
$37,110
Median Earnings
$1,240
Median Rent
$117,200
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Northeast region
Frequently Asked Questions
What type of property is this?
Retail space - Two-story commercial space with apartments available for purchase.
Where is this retail space located?
The property is located at 721 MacDade Blvd Collingdale, PA.
What is the asking price?
The asking price for this property is $410,000.
What are key features of this property?
This property features: ±3,600 SF Commercial Space available; Two‑Story Building; Includes Apartments
