Two-Story Professional Office
For Sale
Contact for pricing
107 Chesley Drive, Media, PA 19063
Professional office space across the first and second floors with dedicated basement storage and private office layout.
Property Size2,000 SF
Price / SF$250
Days on Market9
Property Features for 107 Chesley Drive
General Information
Standard status
Active
Size
2,000 SF
Property subtype
Office
Additional Details
Floor
1st and 2nd
Highway Access
Yes
Office Units
1
Listing Agency:
Pillar Real Estate Advisors, LLC
(484) 888-1825
Listed By:
Andrew Turner · License #PA RB067835
Source:
Crexi
Added: Jul 23
Changed: Jul 30
Last Checked: Jul 31 at 7:55AM
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 Pillar Real Estate Advisors, LLC
Investment Insights
Based on property information with market context.
This professional office space offers 2,000 SF across the 1st and 2nd floors, plus an additional 1,000 SF basement designated for storage. The layout includes a large reception area, five private offices, and three bathrooms.
The finished basement provides additional storage space, supporting back-of-house organization and day-to-day document or supply needs. The property is described as having ample parking and an easy commute due to its location right off Route 1 near downtown Media, with convenient access to Route 476.
Suitable for office users that want a receptionist-led entry with multiple private rooms, this configuration supports both focused work and guest-facing space while keeping storage housed in the basement.
The finished basement provides additional storage space, supporting back-of-house organization and day-to-day document or supply needs. The property is described as having ample parking and an easy commute due to its location right off Route 1 near downtown Media, with convenient access to Route 476.
Suitable for office users that want a receptionist-led entry with multiple private rooms, this configuration supports both focused work and guest-facing space while keeping storage housed in the basement.
Key Highlights
- 2,000 SF professional office space on the 1st and 2nd floors
- 1,000 SF basement for storage
- Large reception area plus five private offices
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 | $52.8k | $26.40 |
| − Vacancy | −$9.1k | −$4.54 |
| EGI | $43.7k | $21.86 |
| − OpEx | −$10.9k | −$5.46 |
| NOI | $32.8k | $16.39 |
2,000 SF · lease $26.40/SF/yr · vacancy 17.20% · expense 25.00%
Alternative Uses
Best Use
Office B
$468.4K
$409.9K – $546.5K
NOI $32,789 @ 7.0% cap · market cap 6.56%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$606.4K
$530.6K – $707.5K
NOI $42,447 @ 7.0% cap · market cap 8.49%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
1
Office units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
739
Businesses Nearby
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
Market
Vacancy Rate% for Office in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office units - Professional office space across the first and second floors with dedicated basement storage and private office layout.
Where is this office units located?
The property is located at 107 Chesley Drive Media, PA.
What is the asking price?
The asking price for this property is $500,000.
What are key features of this property?
This property features: 2,000 SF professional office space on the 1st and 2nd floors; 1,000 SF basement for storage; Large reception area plus five private offices
