For Sale
$685,000

544 Pusey Ave Collingdale, PA 19023

Spacious warehouse, high potential. Great location.

Overview

Added:
Dec 11, 2024
Days on market:
135
This exceptional industrial property, located at 544 Pusey Ave in Collingdale, Pennsylvania (zip code 19023), offers approximately 21,000 square feet of warehouse space. The single-story building, constructed in 1955, sits on a 1.1-acre lot and features a 20-foot ceiling height. Currently, the property hosts three short-term tenants, occupying 35% of the building and generating approximately $3,800 in monthly income. A significant upside potential exists by increasing rental rates to market value ($8-10 per square foot), which could generate a net income of $168,000 to $210,000 annually. The property is fenced and includes a Delaware County tax assessment of $25,186.00. The property is being sold as-is, and requires a roof replacement. The Assessor's Parcel Number (APN) is 11-00-02215-00. This presents a unique opportunity for investors seeking a value-add property with substantial income growth potential.

Highlights

  • 21,000 SF warehouse in Collingdale, PA (19023).
  • Single-story building on a 1.1-acre lot, built in 1955, with 20' ceilings.
  • Currently 35% occupied, generating $3,800/month in income from short-term tenants.
  • Significant value-add opportunity: increase rents to market ($8-10/SF NNN) for potential $168,000-$210,000 annual net income.
  • Fenced lot, Delaware County tax assessment of $25,186, APN 11-00-02215-00.
  • Sold as-is; roof replacement needed.

Property Details for 544 Pusey Ave

Property type
Warehouses, Industrial properties
Square Feet
21,000 SF
Year Built
1955
Buildings
1
Stories
1
Lot Size (sq. ft)
47,916 SF

Location Insight

City
Collingdale
County
Delaware
State
Pennsylvania
Latitude
39.9116974
Longitude
-75.2733667

FAQs

What type of property is this?
Warehouse - Spacious warehouse, high potential. Great location.
Where is the warehouse located?
The property is located at 544 Pusey Ave Collingdale, PA.
What is the asking price?
The asking price for this property is $685,000.
What are key features of this property?
This property features: 21,000 SF warehouse in Collingdale, PA (19023).; Single-story building on a 1.1-acre lot, built in 1955, with 20' ceilings.; Currently 35% occupied, generating $3,800/month in income from short-term tenants.
How can I contact the broker?
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544 Pusey Ave
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