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    FOR SALE
    Commercial real estate

    721 Macdade Blvd, Collingdale, PA 19023

    4,844 SF 0.05 ac lot Built 1945
    Entity Owned 11-yr Hold ~ Est. High Equity
    Property ID
    US73-2560602
    Property summary
    AI-generated overview

    This exceptional commercial property at 721 MacDade Boulevard in Collingdale, Pennsylvania, offers ±3,600 square feet of versatile space, currently configured for retail and office use. The asking price is $410,000. The building boasts significant recent improvements, including new windows, a new rubber roof, and central air conditioning for the commercial areas. The first floor features a completely renovated rear commercial space suitable for various uses, including office, retail, or even an apartment conversion, and a front space currently occupied by an embroidery business. The second floor provides four private offices, ideal for a professional setting. The property's location at a signalized intersection ensures high visibility and accessibility. Potential rental income is projected at $1,000 per month for a one-bedroom apartment and $900 per month for a studio apartment (separate from the commercial space). This property presents a unique opportunity to acquire a well-maintained, high-traffic commercial space with significant upside potential in a desirable Delaware County location. The zip code is 19023. The total square footage ranges from 1,800 to 3,600 square feet, spread across two floors.

    Property profile
    Verified
    Property type Commercial real estate
    Use group COMMERCIAL (GENERAL)
    Year built 1945
    Total area 4,844 SF
    Lot 0.05 ac (2,214 SF)
    APN 11-00-01616-00
    UPID US73-2560602
    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
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
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    Owner & transaction history
    Spirit Properties LLC · 11 yrs held
    Spirit Properties LLC
    since 2014
    2 recorded transactions
    2016
    2014
    $109,900
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    More about this property
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