311 E Baltimore Ave, Media, PA 19063
- Parking lots & garages
- 0.15 lot acres
Current Use by Public Records
- New View Gifts & Accessories / (Bike/Boat/Book/etc) Store
- Sharon Hicks, MS / Physician
- Vape Depot Media / (Bike/Boat/Book/etc) Store / Alternative Medicine Practice
- XpressMaids House Cleaning Media / (Bike/Boat/Book/etc) Store
- Tracy Miller / Physician
Property Details for 311 E Baltimore Ave
- Lot size
- 0.15 lot acres
- Property type
- Parking lots & garages
- APN
- 26-00-00141-00
- APU
- 26000014100
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Mar 11, 2021 | — | Commonwealth Real Estate Investors | — | Deed · related | $1.4M · First Resource Bank |
| Sep 21, 2005 | — | Commonwealth R/e Invtrs | — | Trustees Deed · related | $1.5M · Sovereign Bank |
| — | — | Commonwealth R/e Invtrs | — | Deed Of Trust · related | $1.5M · Sovereign Bank |
Description
This exceptional Class A mixed-use property, located at 311 E. Baltimore Ave in Media, Pennsylvania, presents a unique investment opportunity. The 26,744 square foot building, constructed in 2003 with renovations completed in 2011, boasts a desirable location in the heart of Media Borough, Delaware County's county seat. Currently 100% occupied by three tenants – two retail spaces on the ground floor and a single office tenant occupying the entire second and third floors – the property generates a strong net operating income (NOI) of approximately $450,000. The building features 22,460 square feet of net rentable space, spread across three stories, with two elevators and multiple bathrooms on each floor. The 0.59-acre lot includes 34 parking spaces, a covered parking area, a convenient loading platform, and a rooftop deck. The property benefits from high visibility on Route 1 (Baltimore Ave) and is within walking distance of numerous restaurants, coffee shops, the courthouse, and other shopping amenities. This sale/leaseback opportunity is ideal for an owner-user seeking to relocate their business or for an investor looking for a strong, stable income stream. The existing office tenant offers a potential three-year leaseback option, providing flexibility for the new owner. The property is zoned HBO.
Value Estimations
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Location Insight
- Map
- Local Demand
- City
- Media
- County
- Delaware
- State
- Pennsylvania
- Longitude
- -75.3938
- Latitude
- 39.9177
- CBSA code
- 37980
- CBSA name
- PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA
