Thank you
Anthony Joseph Krupincza
CG Realty, LLC
610-566-5182
BACK ON THE MARKET, AS BUYER FINANCING FELL THROUGH. Price for two buildings without the liquor license to $499,900! Excellent opportunity to own this mixed-property with a lounge/bar with over 4,000 square feet of interior space and multiple apartments on top, plus a garage in the back. Parking in the driveway on the side of the building combine for a total of roughly 2-3 parking spots. This investment property currently features 3 apartments with the possibility to create 6-7 units or to bring the lounge/bar back to its glory days and have 4 units upstairs and a two car garage out back. The exterior of the property features large signage right on MacDade Blvd. Great location in the heart of Collingdale situated right on the corner of MacDade Blvd and Marshall Avenue. The large bar/restaurant/tavern has multiple entrances and is fully equipped a pool table, a dance floors, TVs, tons of seating, restrooms and the possibility to bring the kitchen back to full functionality. The main floor and bar seats 40-50 people comfortably. Traffic count is 25,000 plus. Possibility at this location to bring the bar back to it's glory days...restaurant/bar with multiple apartments upstairs. Don't miss out on your chance to own this amazing opportunity! Property is now unoccupied and rents can be increased! There is a ton of potential to bring this to a 9% cap rate. Please verify square footage, as public record was used for square footage information.
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Water Source : Public
Roof : Shingle
Exterior Property Features : Awning(s),Secure Storage
Shingle
Cooling: Ceiling Fan(s),Attic Fan,Window Unit(s),Wall Unit
Heating: Radiator
Cooling Fuel: None
Heating Fuel: Natural Gas
Exterior Features: Awning(s),Secure Storage
Year Built: 1930
Structure: Over Storefront
New Construction: No
Total Units: 1
Built: 1930
Construction Material: Concrete
Roof: Shingle
Foundation/Basement: Concrete Perimeter,Block
Architecture: Other
Pool/Private: No Pool
Roof Type: Shingle
Pool: No Pool
Sewer: Public Sewer
Water Heat: Natural Gas
Lot Size: 0
Dimensions: 20.00 x 125.00
Lot Size (Acres): 0.00
Architectural Style: Other
Main Square Feet: 0
SQ ft: 0
SQ ft (Living Area): 0
Total Lot SQ ft: 0
View: Street
Financing: Cash,Bank Portfolio,Conventional
Appx. Lot Dimensions: 20.00 x 125.00
Total Acreage: 0.00
New Construction: No
Type: Other
Possession: 0-30 Days CD,Immediate,Negotiable
Days Of Market: 195
Annual Tax: $13,868
Tax Year: 2023
Total Taxes Payment Frequency: Annually
0-30 Days CD,Immediate,Negotiable
Taxes Assessment Amount: $314,580
Total Parking Spaces: 5
Parking Type: Driveway,Attached Garage,On Street,Off Street
Parking Features: Concrete Driveway
Has Garage: Y
Garage Type: Additional Storage Area,Garage - Side Entry
Garage Space: 2
Garage SQFT: 400
# of Attached Garage Spaces: 2
Acceptable Financing: Cash,Bank Portfolio,Conventional
Roof: Shingle
Direction: GPS - Corner of MacDade and Marshall Ave in Collingdale
School District: SOUTHEAST DELCO
Water Source: Public
Sewer: Public Sewer
Cooling Fuel: None
Heating Fuel: Natural Gas
Hot Water: Natural Gas
Location Type: Suburban
Direction: GPS - Corner of MacDade and Marshall Ave in Collingdale
Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
---|---|---|---|---|---|
116 Mildred Avenue , Collingdale, PA,19023 | $199,900 | 3 | 1.0 | -- | 1307 Sqft |
500 Lincoln , Collingdale, PA,19023 | $299,900 | 4 | 1.5 | 1,690 | 5662.8 Sqft |
442 Pusey , Collingdale, PA,19023 | $300,000 | -- | -- | 1,807 | 3920 Sqft |
442 Pusey Avenue , Collingdale, PA,19023 | $300,000 | 4 | 2.0 | 1,807 | 3920 Sqft |
477 Westmont , Collingdale, PA,19023 | $259,900 | 4 | 2 | 1,120 | 1307 Sqft |
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ByOwner last updated this listing 05/01/2024 @ 04:03
MLS: PADE2045652
LISTED BY: Anthony Joseph Krupincza , CG Realty, LLC
SOURCE: BRIGHT MLS
Buyer Agency Compensation: 2.5%
Buyer Agency Description: Commissions will not be paid on liquor license. Buildings can be purchased without the liquor license. Contact listing agent for showings.