Conventional Restaurant
For Sale
$721,000
1015 E Baltimore Pike, Media, PA 19063
For sale restaurant property located at 1015 E Baltimore Pike in Media, Pennsylvania.
Property Size1,600 SF
Price / SF$450.63
Days on Market186
Property Features for 1015 E Baltimore Pike
General Information
Standard status
Active
Size
1,600 SF
Total Parking Spaces
18
Zoning
COMMERCIAL
Taxes and HOA fees
Annual Taxes
$5,569
Amenities
Central Air
Central, Natural Gas
Electric Water Heater
Building Details
Building Size
1,600 SF
Year Built
1969
Listed By:
Zun X Lin
(267) 240-1220
Source:
Evrealestate
Added: Apr 21
Changed: Oct 13
Last Checked: Oct 23 at 7:16AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Zun X Lin
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This is a for-sale conventional restaurant property at 1015 E Baltimore Pike in Media, Pennsylvania (19063). The listing is identified under commercial real estate and restaurant property types, suitable for buyers evaluating a restaurant building in the Delaware County area.
Directions are noted as Route and 352. The property is in Delaware County, per the provided county or parish information.
No additional details on building size, layout, condition, or specific restaurant features were included in the available information.
Directions are noted as Route and 352. The property is in Delaware County, per the provided county or parish information.
No additional details on building size, layout, condition, or specific restaurant features were included in the available information.
Key Highlights
- Restaurant property for sale at 1015 E Baltimore Pike in Media, Pennsylvania
- Year built: 1969
- Central air conditioning with gas heating
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$20,563
Cap Rate
2.85%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$411,260
$411.3K
Cap Rate 7%
$293,757
$293.8K
Cap Rate 9%
$228,478
$228.5K
Market Conditions
NOI Build-Up for 1,600 SF
Gross rent
$28.8K $18.00/SF
− Vacancy
−$1.4K −$0.86/SF
EGI
$27.4K $17.14/SF
− OpEx
−$6.9K −$4.28/SF
NOI
$20.6K $12.85/SF
Area
Delaware County, PA
Vacancy
4.80%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$411,260
Cap Rate 7%
$293,757
Cap Rate 9%
$228,478
Alternative Uses
Best Use
Specialty Retail
$293.8K
$257.0K – $342.7K
NOI $20,563 @ 7.0% cap · market cap 2.85%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$485.1K
$424.5K – $566.0K
NOI $33,957 @ 7.0% cap · market cap 4.71%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
439
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 19063, PA
38,338
Population
16,128
Households
2.4
Avg Household Size
46
Median Age
60%
College-Educated
97%
High-School Grad
25.1 sq mi
ZIP Area
1,527
Density / Sq Mi
$121,899
Median Household Income
$70,147
Median Earnings
$1,623
Median Rent
$505,500
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in Northeast region
Frequently Asked Questions
What type of property is this?
Conventional restaurant - For sale restaurant property located at 1015 E Baltimore Pike in Media, Pennsylvania.
Where is this conventional restaurant located?
The property is located at 1015 E Baltimore Pike Media, PA.
What is the asking price?
The asking price for this property is $721,000.
What are key features of this property?
This property features: Restaurant property for sale at 1015 E Baltimore Pike in Media, Pennsylvania; Year built: 1969; Central air conditioning with gas heating
