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Property profile & analytics
FOR SALE
Commercial real estate

1006 Macdade Blvd folsom Folsom, PA 19033

7,302 SF 0.3 ac lot Built 1950
Entity Owned 25-yr Hold ~ Est. High Equity
Property ID
US73-0119039
Property summary
AI-generated overview

This exceptional Folsom, PA property presents a unique investment opportunity. Situated on a 1.25-acre lot encompassing eight parcels, the property features a substantial 7,600 square foot, two-story building. The main level currently operates as a thriving sports bar, complete with multiple bars, a full kitchen capable of serving pub food, a dance floor, 23 televisions, and a large 11 x 6 foot big screen. The outdoor space includes a covered tiki bar, providing additional entertainment options. Ample parking is available, ensuring convenient access for patrons. The building also includes three apartments and an efficiency unit, offering significant rental income potential. A full basement provides additional storage and operational space. The property benefits from high visibility and excellent foot and vehicle traffic. This versatile property is ideally suited for a variety of uses, including continued operation as a sports bar, or redevelopment into a banquet hall, restaurant, nightclub, or other commercial venture. The sale includes a valuable Delaware County R-Liquor License, estimated at $300,000. The property is being sold "as-is," and the buyer is responsible for obtaining a Township Use & Occupancy certificate. This is a rare opportunity to acquire a well-established business with significant upside potential in a desirable Delaware County location. The property's size, existing infrastructure, and prime location make it an attractive investment for both seasoned entrepreneurs and first-time buyers.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1950
Total area 7,302 SF
Lot 0.3 ac (13,112 SF)
APN 38-05-00689-00
UPID US73-0119039
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Dirks & Sons Consulting Marketing & Advertising Advertising Agency
  • Tom N Jerry's Bar & Pub
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$703k
Blend (final) Blend
$720k
Owner & transaction history
Jerner INC · 25 yrs held
Jerner INC
since 2001
2 recorded transactions
2001
$725,000
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage $865,000 +23.5%
Office building $830,000 +18.2%
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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