Office Building with
19 W 2ND STREET, Media, PA 19063
For Sale
New
Contact for pricing
The layout combines a private office, open desk seating, and a kitchenette with an eating area.
Property Size1,000 SF
Price / SF$2.30
Days on Market5
Property Features for 19 W 2ND STREET
General Information
Standard status
Size
Total Parking Spaces
Property subtype
Additional Details
Property Use
Amenities
kitchenette
outdoor patio
Building Details
Year Built
Listing Agency:
Compass Pennsylvania, LLC
(610) 947-0408
Listed By:
Meghan E Chorin · License #AB067698
(610) 299-9504
Source:
Cummingsrealtors
Added: Nov 3
Changed: Nov 6
Last Checked: Nov 6 at 2:50PM
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 Compass Pennsylvania, LLC
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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.
This 1,000-square-foot office building, constructed in 1944, has a private office with a powder room, a second powder room for general use, and built-in desk seating. A kitchenette with a refrigerator and eating area supports day-to-day use, while a small patio adds outdoor space.
Two private parking spaces are included. Permit parking is also available along the street. The property is in Media Borough, near the courthouse and State Street.
Two private parking spaces are included. Permit parking is also available along the street. The property is in Media Borough, near the courthouse and State Street.
Key Highlights
- 1,000‑square‑foot office building constructed in 1944
- Private office with its own powder room, plus a separate public powder room
- Built‑in desk seating, kitchenette with refrigerator, and eating area
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$16,394
Suggested Prices Based on Cap Rates
Cap Rate 5%
$327,880
$327.9K
Cap Rate 7%
$234,200
$234.2K
Cap Rate 9%
$182,156
$182.2K
Market Conditions
NOI Build-Up for 1,000 SF
Gross rent
$26.4K $26.40/SF
− Vacancy
−$4.5K −$4.54/SF
EGI
$21.9K $21.86/SF
− OpEx
−$5.5K −$5.46/SF
NOI
$16.4K $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%
$327,880
Cap Rate 7%
$234,200
Cap Rate 9%
$182,156
Alternative Uses
Best Use
Office B
$234.2K
$204.9K – $273.2K
NOI $16,394 @ 7.0% cap · market cap 712.78%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$303.2K
$265.3K – $353.7K
NOI $21,223 @ 7.0% cap · market cap 922.74%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
2,636
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
$505,500
Median Home Value
Market
Average Price Trend$/SF for Office buildings in Delaware County, PA
Properties on Market for Office buildings in Delaware County
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Office building - The layout combines a private office, open desk seating, and a kitchenette with an eating area.
Where is this office building located?
The property is located at 19 W 2ND STREET Media, PA.
What are key features of this property?
This property features: 1,000‑square‑foot office building constructed in 1944; Private office with its own powder room, plus a separate public powder room; Built‑in desk seating, kitchenette with refrigerator, and eating area
