101 N PROVIDENCE Road, Wallingford, PA 19086
Commercial Sale - WALLINGFORD, PA
- Added:
- May 24, 2024
- Days on Market:
- 747
- Last Refresh:
- Jun 9 at 10:06 am
Property Features for 101 N PROVIDENCE Road
General Information
- Property type
- Other
- Property subtype
- Office
- Parking
- 15
- Parking features
- Parking Lot
- Standard status
- Active
- Size
- 6,100 SF
Taxes and HOA fees
- Tax Annual Amount
- 26636
Utilities
- Heating system
- Forced Air
- Cooling system
- Central Air
Building Details
- Year built
- 1921
- Number of units
- 1
- Building materials
- Stone
Listing agent Michael Mulholland License #RS277114 (484) 222-8804
Listing office Long & Foster Real Estate, Inc. 1109 W Baltimore Pike unit: E, Media, PA (610) 892-8300
Listing date May 24, 2024
Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- High‑visibility location with two‑street frontage, ideal for investment or owner‑occupied office space.
- On‑site parking for 15 vehicles.
- New HVAC system installed in 2023.
- Currently leased to an engineering firm, providing immediate income (lease until at least Dec 2024).
- Unique building features including stone and steel construction, abundant natural light, and mature trees.
- Versatile lower level with conference room, gym, locker rooms, kitchenette, laboratory, and storage.
Overview
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $161.0k | $26.40 |
| − Vacancy | −$27.7k | −$4.54 |
| EGI | $133.3k | $21.86 |
| − OpEx | −$33.3k | −$5.46 |
| NOI | $100.0k | $16.39 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Wallingford
- County
- Delaware
- State
- Pennsylvania
- Longitude
- -75.37585
- Latitude
- 39.90503