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Property profile & analytics
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
by Request
Owner & transaction history
Spirit Properties LLC · 11 yrs held
Spirit Properties LLC
since 2014
2 recorded transactions
2016
Price N/A
2014
$109,900
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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