1008 Macdade BlvdCollingdale, PA 19023

  • Commercial real estate
  • 3,755 SF
For Sale
$375,000 View listing

Property Details for 1008 Macdade Blvd

Year built
1935
Lot size
0.06 AC
Property size (Sq ft)
3,755 SF
Property type
Commercial real estate
APN
11-00-01775-00
APU
11000177500

Description

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.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $1,210,252
    Hospitality
    $1,108,584
    Educational
    $922,329
    Medical
    $954,049
    Retail
    $1,434,734

Location Insight

City
Collingdale
County
Delaware
State
Pennsylvania
Latitude
39.9098
Longitude
-75.2811
CBSA code
37980
CBSA name
PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$8,497
$62,880
$124,750
$187,630
-
-
-
$187,630

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