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    Office Building for Sale Title is generated by Realmo AI

    101 N Providence Rd, Wallingford, PA 19086

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    For Sale
    $1,198,000

    Office building available for purchase at 101 N Providence Rd in Wallingford, offering approximately 6,100 square feet.

    Property size:
    6,100 SF
    Price / SF:
    $196/SF
    Added:
    May 24, 2024
    Days on Market:
    759
    Last Refresh:
    Jun 20 at 3:59 am

    Property Features for 101 N Providence Rd

    General Information

    Standard status
    Active
    Size
    6,100 SF

    Building Details

    Year Built
    1921

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    Listing Contact
    Michael Mulholland

    Listing agent Michael Mulholland License #RS277114

    Listing office LONG AND FOSTER REALTORS

    Listing date May 24, 2024

    Source Evrealestate

    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

    HighLights

    • Office building for purchase at 101 N Providence Rd in Wallingford (Delaware County)
    • Approximately 6,100 SF office building
    • Built in 1921
    • Central air conditioning
    • Forced air heating with natural gas
    • Electric water heater

    Overview

    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.

    Local 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 (±1% cap)
    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 (±1% cap)
    NOI $129,462 @ 7.0% cap · market cap 10.81%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Gillespie Group Marketing & Advertising Minsec Co Medical Clinic EMG International, LLC Environmental Engineer Mc Dougall Marsini ... Law Firm

    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
    Wallingford
    County
    Delaware
    State
    Pennsylvania
    Longitude
    -75.380868
    Latitude
    39.917257

    FAQs

    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
    More about this property
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