Property profile

1006 Macdade Blvd Unit folsom folsom Folsom, PA 19033

FOR SALE
Commercial real estate
Property ID
US73-0119039
7,302 SF 0.3 ac lot Built 1950
Entity Owned 25-yr Hold ~ Est. High Equity
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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

Current use

Occupant on record · Public records
  • Marketing & Advertising Advertising Agency
  • Bar & Pub

Location

1006 Macdade Blvd Unit folsom, Unit folsom Folsom, PA 19033
Folsom metro Census 410601 PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$703k
Blend (final) Blend
$365k

Owner & transaction history

since 2001
2 recorded transactions
2001
$725,000
1969
Price N/A

Zoning & alternative use

Top alternative use upside
Auto repair, garage $865,000 +23.5%
Office building $830,000 +18.2%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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