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    FOR SALE
    Office buildings

    101 N Providence Rd Wallingford, PA 19086

    Built 1921
    Entity Owned 7-yr Hold
    Property ID
    US73-2105129
    101 N Providence Rd, Wallingford, PA 19086 For Sale 1 / 34
    $1,198,000
    101 N Providence Rd, Wallingford, PA 19086
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    Property summary
    AI-generated overview

    Own an iconic slice of property in Wallingford! Close to Media. This 1921 stone and steel building has exceptional visibility and two-street frontage, making for a great investment or owner-occupied office space. The building boasts abundant natural light, on-site parking for 15 with a small outside eating area, and mature trees. Conveniently located near Media Borough and the Blue Route, next to a Septa bus 118 stop and near Septa R-3 Commuter Rail Station in Wallingford. This approximately 6100 square foot office building features 10 offices on the ground floor, four cubicles, reception area, baths, and coffee station. An 11th office overlooks the main floor. The lower level includes a large conference room, gym, 2 locker rooms, kitchenette, laboratory and storage. New HVAC in 2023 and French drain installed recently. Currently under lease to an engineering firm which will stay until at least Dec 2024, with a lease termination date of June 2025. Come make this unique and useful space yours!

    Property profile
    Verified
    Property type Office buildings
    Year built 1921
    UPID US73-2105129
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Gillespie Group Marketing & Advertising Advertising Agency
    • Minsec Co Medical Clinic
    • EMG International, LLC Environmental Engineer
    • Mc Dougall Marsini Law Law Firm
    4 occupants on record
    Value estimations
    Realmo proprietary · 4 methods
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    CAP Approach CAP
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    Owner & transaction history
    Olive Hill LLC · 7 yrs held
    Olive Hill LLC
    since 2019
    2 recorded transactions
    2019
    $707,500
    2017
    Price N/A
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    101 N Providence Rd, Wallingford, PA, 19086
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