Office Building for
For Sale
$1,198,000
101 N Providence Rd, Wallingford, PA 19086
Office building available for purchase at 101 N Providence Rd in Wallingford, offering approximately 6,100 square feet.
Property Size6,100 SF
Price / SF$196.39
Days on Market805
Property Features for 101 N Providence Rd
General Information
Standard status
Active
Size
6,100 SF
Building Details
Year Built
1921
Listing Agency:
LONG AND FOSTER REALTORS
(484) 222-8804
Listed By:
Michael Mulholland · License #RS277114
(484) 222-8804
Source:
Evrealestate
Added: May 24, 2024
Changed: Jul 10
Last Checked: Aug 6 at 4:25AM
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 LONG AND FOSTER REALTORS
Investment Insights
Based on property information with market context.
This for-sale office building presents approximately 6,100 square feet of space at 101 N Providence Rd in Wallingford. The available information describes the property as a commercial office asset suitable for an office-oriented tenant or ownership plan. The offering size supports a range of office configurations, subject to final layout and occupancy requirements.
Access is described via major regional routing: from 476 to Baltimore Pike to Beatty Rd and then Providence Rd. The property is identified in Delaware County, with the address located at 101 N Providence Rd, Wallingford, PA 19086. Prospective buyers and tenants can use the provided directions to reach the site.
For buyers seeking an office building purchase, the property’s straightforward office designation and moderate total size may align with an owner-occupant or smaller-scale tenant need. Interested parties should review the space details and suitability for their intended operations, including any specific layout, access, and improvement requirements that are not addressed in the available summary.
Access is described via major regional routing: from 476 to Baltimore Pike to Beatty Rd and then Providence Rd. The property is identified in Delaware County, with the address located at 101 N Providence Rd, Wallingford, PA 19086. Prospective buyers and tenants can use the provided directions to reach the site.
For buyers seeking an office building purchase, the property’s straightforward office designation and moderate total size may align with an owner-occupant or smaller-scale tenant need. Interested parties should review the space details and suitability for their intended operations, including any specific layout, access, and improvement requirements that are not addressed in the available summary.
Key Highlights
- Office building for purchase at 101 N Providence Rd in Wallingford (Delaware County)
- Approximately 6,100 SF office building
- Built in 1921
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 | $161.0k | $26.40 |
| − Vacancy | −$27.7k | −$4.54 |
| EGI | $133.3k | $21.86 |
| − OpEx | −$33.3k | −$5.46 |
| NOI | $100.0k | $16.39 |
6,100 SF · lease $26.40/SF/yr · vacancy 17.20% · expense 25.00%
Alternative Uses
Best Use
Office B
$1.43M
$1.25M – $1.67M
NOI $100,006 @ 7.0% cap · market cap 8.35%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.85M
$1.62M – $2.16M
NOI $129,462 @ 7.0% cap · market cap 10.81%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
167
Businesses Nearby
Explore this area
Business Placement
Demographics for 19086, PA
12,270
Population
4,570
Households
2.7
Avg Household Size
44
Median Age
66%
College-Educated
97%
High-School Grad
4.0 sq mi
ZIP Area
3,068
Density / Sq Mi
$143,762
Median Household Income
$82,466
Median Earnings
$1,788
Median Rent
$425,200
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 building - Office building available for purchase at 101 N Providence Rd in Wallingford, offering approximately 6,100 square feet.
Where is this office building located?
The property is located at 101 N Providence Rd Wallingford, PA.
What is the asking price?
The asking price for this property is $1,198,000.
What are key features of this property?
This property features: Office building for purchase at 101 N Providence Rd in Wallingford (Delaware County); Approximately 6,100 SF office building; Built in 1921
