Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    2 Veterans Sq Media, PA 19063

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    Downtown Media office, flexible space, prime location.

    Property Features for 2 Veterans Sq

    General Information

    Property type
    Office properties & Spaces

    Building Details

    Year Built
    1952

    We can help!

    Listing Contact
    Scott Michael Campanile Sr.
    Scott Michael Campanile Sr.

    Listing Agency: SCOTT REALTY GROUP Listing Agent: Scott Michael Campanile Sr.

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    This exceptional office space in Media, Pennsylvania, offers a highly desirable location directly across from the Courthouse. The property boasts a versatile layout with two levels available for lease, each comprising 4,200 square feet. This totals 8,400 square feet of potential space, allowing for flexibility to suit a variety of business needs. The main floor and lower level offer ample room for offices, meeting areas, and other workspace configurations. Its prime location provides unparalleled convenience, with easy walking access to the Courthouse, a diverse selection of restaurants, and other downtown amenities. Furthermore, the property enjoys excellent access to major transportation arteries, including Route 1, Interstate 476, Interstate 95, and Philadelphia International Airport, ensuring seamless commutes for employees and clients. The lease rate is $17 per square foot, NNN. This presents a unique opportunity to establish a prominent presence in the heart of Media's vibrant business district. The building's strategic location and adaptable space make it an ideal choice for businesses seeking a high-profile address with exceptional accessibility. Interested parties are encouraged to inquire for further details and scheduling a viewing.
    Property Profile Location Intelligence

    Current Use by Public Records

    Title Alliance Title Company

    Suggested Use

    Real Estate Agency Restaurant Spa & Massage Center Dental Office Hair Salon Law Firm Nail Salon Building Supply Gym & Fitness Center Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Media
    County
    Delaware
    State
    Pennsylvania
    Longitude
    -75.3921
    Latitude
    39.91909

    Nearby Similar for Sale

    • $335,000
      0.06 Acres

      Updated Office Building in Media

      Well-maintained office building with flexible space near downtown Media.
      851 N Providence Rd, Media, PA 19063
      View Details
    • $335,000
      0.06 Acres

      Updated Twin Office Building

      Well-maintained office building with flexible layout in high-traffic area.
      851 N Providence Rd, Media, PA 19063
      View Details
    • $925,000
      0.08 Acres

      Fully Leased Office Buildings

      Two fully leased office buildings near downtown Media, Pennsylvania.
      9 W Front St, Media, PA 19063
      View Details
    • $550,000

      MEDIA, PA Office Building

      Three-story office building with conversion potential in Media, PA.
      333 W Baltimore Ave, Media, PA 19063
      View Details
    • $250,000

      Established Pizza Shop Business Opportunity

      Long-established, updated pizza shop with strong sales and loyal customer base.
      40 E State St, Media, PA 19063
      View Details
    • $1,350,000

      Wallingford Office Building For Sale

      Iconic 6100 sq ft office building with excellent visibility.
      101 N Providence Rd, Wallingford, PA 19086
      View Details
    • New
      $690,000
      1,800 SF

      Mixed-Use Property in Downtown Media

      Multi-use property with retail space and apartment in Media.
      20 S Orange St, Media, PA 19063
      View Details
    • Contact for pricing

      Prime Office Location in Media

      Professional office space available near downtown Media, Pennsylvania.
      105 Chesley Dr, Media, PA 19063
      View Details
    • $1,350,000

      Wallingford Office Building For Sale

      Iconic 6,100 sq ft office building with parking.
      101 N Providence Rd, Wallingford, PA 19086
      View Details
    • $1,275,000
      3,230 SF

      New Construction Duplex in Media

      New construction duplex with studio apartment in walkable location.
      453 E Franklin St, Media, PA 19063
      View Details
    • $650,000
      0.07 Acres

      Commercial Building in Prime Location

      Commercial building in Media, PA, operating as a restaurant.
      122 S Manchester Ave, Media, PA 19063
      View Details
    • Contact for pricing

      Commercial Property in MEDIA, PA

      Commercial property for sale in MEDIA, Pennsylvania, 19063.
      10 Beatty Rd, Media, PA 19063
      View Details

    FAQs

    What type of property is this?
    Office property - Downtown Media office, flexible space, prime location.
    Where is this office property located?
    The property is located at 2 Veterans Sq Media, PA.
    (610) 637-1039
    Request Owner's contact information
    2 Veterans Sq Media, PA 19063
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    2 Veterans Sq
    Media, PA 19063
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2 Veterans Sq Media, PA 19063
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Scott Michael Campanile Sr.
    Scott Michael Campanile Sr.
    Real Estate License ID: RM421081
    (610) 637-1039 (610) 891-8300 (479) 738-2136
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!