Two-Building Office and Apartment
For Sale
Contact for pricing
326 W FRONT ST, Media, PA 19063
Two stand-alone buildings offer flexible office and residential-style living space near the Media Courthouse.
Property Size3,100 SF
Price / SF$241.94
Days on Market64
Property Features for 326 W FRONT ST
General Information
Standard status
Active
Size
3,100 SF
Property subtype
Office, Mixed Use
Units
Multifamily Units
2
Office Units
7
Building Details
Year Built
1930
Buildings
2
Stories
2
Listing Agency:
Zommick McMahon Commercial Real Estate Inc
(610) 368-2801
Listed By:
Steve DiBattista · License #PA327769
Source:
Crexi
Added: Jun 9
Changed: Aug 8
Last Checked: Aug 11 at 6:37AM
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 Zommick McMahon Commercial Real Estate Inc
Investment Insights
Based on property information with market context.
The property includes two stand-alone buildings with distinct layouts. The first building at 326 W Front St is approximately 1,500 square feet and two stories, plus an unfinished basement. The first floor is currently configured with two offices, a reception area, and a bathroom, while the second floor provides a two-bedroom apartment. The unfinished basement adds additional storage or expansion space as suited by the next owner.
Behind the first building sits the second structure at W 325 Pearl St. This is approximately 1,600 square feet, built on a cement slab, with a single-floor office configuration. The space is laid out with five offices, a conference room, two restrooms, and a kitchenette area.
Located about one block from the Media Courthouse, the property’s mix of office space and an apartment-style unit can support a variety of buyer needs, including owner-occupant use or a strategy to separate work space from optional living space. With two separate buildings, it may also appeal to buyers looking to manage multiple uses under one ownership while maintaining independent building identities.
Behind the first building sits the second structure at W 325 Pearl St. This is approximately 1,600 square feet, built on a cement slab, with a single-floor office configuration. The space is laid out with five offices, a conference room, two restrooms, and a kitchenette area.
Located about one block from the Media Courthouse, the property’s mix of office space and an apartment-style unit can support a variety of buyer needs, including owner-occupant use or a strategy to separate work space from optional living space. With two separate buildings, it may also appeal to buyers looking to manage multiple uses under one ownership while maintaining independent building identities.
Key Highlights
- Two stand‑alone buildings at 326 W Front St and W 325 Pearl St, located about one block from the Media Courthouse
- 326 W Front St: +/-1,500 SF, two‑story building with an unfinished basement; first floor has two offices, reception, and a bathroom
- 326 W Front St second floor offers a two‑bedroom apartment
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$50,823
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
6.78%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,016,460
$1.0M
Cap Rate 7%
$726,043
$726.0K
Cap Rate 9%
$564,700
$564.7K
Market Conditions
NOI Build-Up for 3,100 SF
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.
Gross rent
$81.8K $26.40/SF
− Vacancy
−$14.1K −$4.54/SF
EGI
$67.8K $21.86/SF
− OpEx
−$16.9K −$5.46/SF
NOI
$50.8K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,016,460
Cap Rate 7%
$726,043
Cap Rate 9%
$564,700
Alternative Uses
Best Use
Office B
$726.0K
$635.3K – $847.1K
NOI $50,823 @ 7.0% cap · market cap 6.78%
Second Best
Mixed Use
$438.4K
$383.6K – $511.5K
NOI $30,690 @ 7.0% cap · market cap 4.09%
Theoretical Best
Office A
$939.9K
$822.4K – $1.10M
NOI $65,792 @ 7.0% cap · market cap 8.77%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
7
Office units
2
Residential units
Location Intelligence
Trade Area within ½ mile
2,060
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
Vacancy Rate% for Office in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Live-work space - Two stand-alone buildings offer flexible office and residential-style living space near the Media Courthouse.
Where is this live-work space located?
The property is located at 326 W FRONT ST Media, PA.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: Two stand‑alone buildings at 326 W Front St and W 325 Pearl St, located about one block from the Media Courthouse; 326 W Front St: +/-1,500 SF, two‑story building with an unfinished basement; first floor has two offices, reception, and a bathroom; 326 W Front St second floor offers a two‑bedroom apartment
