Historic Stone Mixed-Use
New
For Sale
$1,295,000
277 W BALTIMORE PIKE, Media, PA 19063
The two-level layout combines ground-floor office areas with an upper floor featuring bedrooms and full bathrooms.
Property Size5,005 SF
Lot Size2.80 Acres
Price / SF$258.74
Days on Market3
Property Features for 277 W BALTIMORE PIKE
General Information
Standard status
Active
Size
5,005 SF
Lot size
2.80 Acres
Property subtype
Commercial
Site & Location
Highway Access
Yes
Road Access
Yes
Amenities
outdoor gathering areas
Building Details
Year Built
1703
Buildings
2
Construction
stone
Listing Agency:
Keller Williams Real Estate-Doylestown
(215) 340-5700
Listed By:
Monika Rani · License #RS360814
(215) 450-0210
Source:
Cummingsrealtors
Added: Oct 6
Changed: Oct 7
Last Checked: Oct 7 at 2:15PM
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 Keller Williams Real Estate-Doylestown
Investment Insights
Based on property information with market context.
This 5,005-square-foot mixed-use property occupies approximately 2.8 acres on West Baltimore Pike in Media. The stone construction is finished with a stucco exterior. On the first floor, multiple offices and gathering areas are served by two half bathrooms. The second floor contains four bedrooms and three full bathrooms, with a separate staircase connecting directly to the kitchen. Six entrances serve a flexible, multi-section layout. A separate storage building is also on the grounds.
The property’s configuration includes office space on the ground floor and residential-style rooms upstairs, which the source describes as suitable for live/work use. Improvements include a newer roof, upgraded mechanical systems, and renovated interior spaces. The grounds also offer parking and outdoor gathering areas.
The property’s configuration includes office space on the ground floor and residential-style rooms upstairs, which the source describes as suitable for live/work use. Improvements include a newer roof, upgraded mechanical systems, and renovated interior spaces. The grounds also offer parking and outdoor gathering areas.
Key Highlights
- 5,005‑square‑foot building on approximately 2.8 acres
- Six separate entrances across a flexible, multi‑section layout
- Ground floor has multiple offices, gathering areas, and two half bathrooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$82,054
Cap Rate
6.34%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,641,080
$1.6M
Cap Rate 7%
$1,172,200
$1.2M
Cap Rate 9%
$911,711
$911.7K
Market Conditions
NOI Build-Up for 5,005 SF
Gross rent
$132.1K $26.40/SF
− Vacancy
−$22.7K −$4.54/SF
EGI
$109.4K $21.86/SF
− OpEx
−$27.4K −$5.46/SF
NOI
$82.1K $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%
$1,641,080
Cap Rate 7%
$1,172,200
Cap Rate 9%
$911,711
Alternative Uses
Best Use
Office B
$1.17M
$1.03M – $1.37M
NOI $82,054 @ 7.0% cap · market cap 6.34%
Second Best
Mixed Use
$707.9K
$619.4K – $825.8K
NOI $49,550 @ 7.0% cap · market cap 3.83%
Theoretical Best
Office A
$1.52M
$1.33M – $1.77M
NOI $106,223 @ 7.0% cap · market cap 8.20%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
46
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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Market
Vacancy Rate% for Office in Northeast region
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Frequently Asked Questions
What type of property is this?
Mixed-use property - The two-level layout combines ground-floor office areas with an upper floor featuring bedrooms and full bathrooms.
Where is this mixed-use property located?
The property is located at 277 W BALTIMORE PIKE Media, PA.
What is the asking price?
The asking price for this property is $1,295,000.
What are key features of this property?
This property features: 5,005‑square‑foot building on approximately 2.8 acres; Six separate entrances across a flexible, multi‑section layout; Ground floor has multiple offices, gathering areas, and two half bathrooms
