Mixed-Use Property
New
For Sale
$3,300,000
1192 N Middletown Road, Media, PA 19063
Three properties can be acquired together or separately, including restaurant, office, general-use, and residential improvements.
Property Size10,000 SF
Lot Size0.29 Acres
Price / SF$330
Days on Market5
Property Features for 1192 N Middletown Road
General Information
Standard status
Active
Size
10,000 SF
Lot size
0.29 Acres
Zoning
C-1
Additional Details
Traffic Count
25,000 vehicles/day
Property Use
Office
Taxes and HOA fees
Annual Taxes
$6,445
Amenities
Natural Gas
Yes
Well
91.00 x 138.00
3.00
No
Estimated
Parking Lot
50
10000.00
112290.00
Assessor
Building Details
Building Size
10,000 SF
Year Built
1925
Listing Agency:
Zommick McMahon Commercial Real Estate
(610) 359-1100
Listed By:
Stephen Dibattista · License #PA327769
(610) 368-2801
Source:
Kempandassociatesre
Added: Oct 26
Changed: Oct 28
Last Checked: Oct 28 at 3:40PM
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 Zommick McMahon Commercial Real Estate
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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.
The offering comprises three properties available as a group or individually. LaPorta Restaurant includes a bar, dining room, and kitchen in 2,433 SF, with a liquor license and 25+ parking spaces on 0.29 acres. Across the street, a 1,900 SF office building and a 1,600 SF general-use building occupy a 1.17-acre parcel; the latter contains a food-preparation kitchen, and the site also has a greenhouse structure and parking. A residence of approximately 4,000 SF sits directly behind the restaurant on 1.4 acres, with a pool, circular driveway, multiple entrances, and an updated kitchen and appliances.
The properties are on Route 352, where the stated traffic volume is 25,000 VPD. Zoning information identifies C-1 for the commercial properties; the residence is also described as having residential and commercial zoning.
The properties are on Route 352, where the stated traffic volume is 25,000 VPD. Zoning information identifies C-1 for the commercial properties; the residence is also described as having residential and commercial zoning.
Key Highlights
- Three properties offered together or separately
- LaPorta Restaurant: 2,433 SF, liquor license, bar, dining area, kitchen, and 25+ parking spaces on 0.29 acres
- Across the street: 1,900 SF office building and 1,600 SF general‑use building on 1.17 acres
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$163,944
Cap Rate
4.97%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,278,880
$3.3M
Cap Rate 7%
$2,342,057
$2.3M
Cap Rate 9%
$1,821,600
$1.8M
Market Conditions
NOI Build-Up for 10,000 SF
Gross rent
$264.0K $26.40/SF
− Vacancy
−$45.4K −$4.54/SF
EGI
$218.6K $21.86/SF
− OpEx
−$54.6K −$5.46/SF
NOI
$163.9K $16.39/SF
Area
Delaware County, PA
Vacancy
17.20%
Lease Rate
$26.40 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,278,880
Cap Rate 7%
$2,342,057
Cap Rate 9%
$1,821,600
Alternative Uses
Best Use
Office B
$2.34M
$2.05M – $2.73M
NOI $163,944 @ 7.0% cap · market cap 4.97%
Second Best
Specialty Retail
$1.84M
$1.61M – $2.14M
NOI $128,520 @ 7.0% cap · market cap 3.89%
Theoretical Best
Office A
$3.03M
$2.65M – $3.54M
NOI $212,233 @ 7.0% cap · market cap 6.43%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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See the owner, sales and loan history
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Current Use
Lease Details
25,000 VPD
Traffic count
Location Intelligence
Trade Area within ½ mile
333
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Three properties can be acquired together or separately, including restaurant, office, general-use, and residential improvements.
Where is this mixed-use property located?
The property is located at 1192 N Middletown Road Media, PA.
What is the asking price?
The asking price for this property is $3,300,000.
What are key features of this property?
This property features: Three properties offered together or separately; LaPorta Restaurant: 2,433 SF, liquor license, bar, dining area, kitchen, and 25+ parking spaces on 0.29 acres; Across the street: 1,900 SF office building and 1,600 SF general‑use building on 1.17 acres
