Two-Story Commercial
For Sale
$2,695,000
1035 West Baltimore Pike, Media, PA 19063
Two-story commercial building with public water and sewer, situated on a zoned C-2 general commercial site.
Property Size19,690 SF
Lot Size0.83 Acres
Price / SF$136.87
Days on Market183
Property Features for 1035 West Baltimore Pike
General Information
Standard status
Active
Size
19,690 SF
Lot size
0.83 Acres
Property subtype
Retail
Zoning
C-2
Site & Location
Road Access
Yes
Utilities to Site
Yes
Building Details
Building Size
19,690 SF
Stories
2
Listing Agency:
KarMar Realty Group
Listed By:
Justin M. Soss
(610) 459-8585
Source:
Commercialcafe
Added: Apr 24
Changed: Oct 15
Last Checked: Oct 23 at 3:32AM
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 KarMar Realty Group
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Investment Insights
Based on property information with market context.
Two-story commercial building totaling 19,690 +/- square feet on a .83 +/- acre site. The property is set up as a former Hannum’s Harley Davidson location and offers a straightforward commercial footprint for a variety of uses, subject to zoning and approvals. Public water and sewer are available.
Positioned in a high-profile setting on Baltimore Pike, the property is zoned C-2 General Commercial District. This zoning classification supports a broad range of general commercial activity, making the site suitable for prospective buyers and tenants seeking an established commercial location.
The building’s two-story configuration provides flexibility in how interior space is organized for day-to-day operations, while the site’s utilities support standard commercial occupancy.
Positioned in a high-profile setting on Baltimore Pike, the property is zoned C-2 General Commercial District. This zoning classification supports a broad range of general commercial activity, making the site suitable for prospective buyers and tenants seeking an established commercial location.
The building’s two-story configuration provides flexibility in how interior space is organized for day-to-day operations, while the site’s utilities support standard commercial occupancy.
Key Highlights
- 19,690 +/- SF two‑story commercial building
- .83 +/- acre site
- Zoned C‑2 general commercial district
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$193,307
Cap Rate
7.17%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,866,140
$3.9M
Cap Rate 7%
$2,761,529
$2.8M
Cap Rate 9%
$2,147,856
$2.1M
Market Conditions
NOI Build-Up for 19,690 SF
Gross rent
$295.4K $15.00/SF
− Vacancy
−$19.2K −$0.98/SF
EGI
$276.2K $14.03/SF
− OpEx
−$82.8K −$4.21/SF
NOI
$193.3K $9.82/SF
Area
Delaware County, PA
Vacancy
6.50%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,866,140
Cap Rate 7%
$2,761,529
Cap Rate 9%
$2,147,856
Alternative Uses
Best Use
Office B
$4.61M
$4.04M – $5.38M
NOI $322,806 @ 7.0% cap · market cap 11.98%
Second Best
Retail
$2.76M
$2.42M – $3.22M
NOI $193,307 @ 7.0% cap · market cap 7.17%
Theoretical Best
Office A
$5.97M
$5.22M – $6.96M
NOI $417,887 @ 7.0% cap · market cap 15.51%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
Yes
Paved road access
Yes
Utilities to site
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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Market
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Showroom - Two-story commercial building with public water and sewer, situated on a zoned C-2 general commercial site.
Where is this showroom located?
The property is located at 1035 West Baltimore Pike Media, PA.
What is the asking price?
The asking price for this property is $2,695,000.
What are key features of this property?
This property features: 19,690 +/- SF two‑story commercial building; .83 +/- acre site; Zoned C‑2 general commercial district
