Property profile

101 N Providence Rd Wallingford, PA 19086

FOR SALE
Office buildings
Property ID
US73-2105129
Built 1921
Entity Owned 7-yr Hold
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Property summary

AI-generated overview

Own an iconic slice of property in Wallingford! Close to Media. This 1921 stone and steel building has exceptional visibility and two-street frontage, making for a great investment or owner-occupied office space. The building boasts abundant natural light, on-site parking for 15 with a small outside eating area, and mature trees. Conveniently located near Media Borough and the Blue Route, next to a Septa bus 118 stop and near Septa R-3 Commuter Rail Station in Wallingford. This approximately 6100 square foot office building features 10 offices on the ground floor, four cubicles, reception area, baths, and coffee station. An 11th office overlooks the main floor. The lower level includes a large conference room, gym, 2 locker rooms, kitchenette, laboratory and storage. New HVAC in 2023 and French drain installed recently. Currently under lease to an engineering firm which will stay until at least Dec 2024, with a lease termination date of June 2025. Come make this unique and useful space yours!

Property profile

Verified
Property type Office buildings
Year built 1921
UPID US73-2105129

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Marketing & Advertising Advertising Agency
  • Medical Clinic
  • Environmental Engineer
  • Law Firm

Location

101 N Providence Rd Wallingford, PA 19086
Wallingford metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

since 2019
2 recorded transactions
2019
$707,500
2017
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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