1008 Macdade Blvd, Collingdale, PA 19023-4018
This exceptional mixed-use property at 1008 MacDade Boulevard, Collingdale, PA presents a compelling investment opportunity. The 1,575 square foot building boasts a vibrant street-level commercial space ideally suited for a variety of uses, including a hair/nail salon, office, or food establishment. The active storefront benefits from high visibility on a heavily traveled thoroughfare, ensuring excellent foot traffic and exposure. Upstairs, a spacious twin three-quarter bedroom house offers immediate rental income potential, currently generating $1700 per month. This setup provides the unique advantage of live/work functionality, allowing an owner-occupant to operate their business downstairs while supplementing their mortgage with rental income from the upstairs unit. Alternatively, the property serves as a strong addition to any investment portfolio. The commercial space includes a convenient powder room and access to a full-size basement, offering ample storage or additional workspace with great ceiling height. Two rear parking spaces add significant value and convenience. The property's prime location on MacDade Boulevard, with SEPTA bus and trolley access directly in front, ensures easy accessibility for both customers and residents. This versatile property offers a rare blend of commercial and residential potential, making it an attractive proposition for investors and owner-occupants seeking to maximize their return on investment.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.