This exceptional 6,100 square foot office building at 101 N Providence Road, Wallingford, PA presents a unique investment opportunity. Built in 1921, this iconic stone and steel structure offers unparalleled visibility with two-street frontage. The property boasts abundant natural light and ample on-site parking for 15 vehicles, complemented by a small outdoor eating area and mature landscaping. The convenient location near Media Borough and the Blue Route provides easy access to major transportation arteries. A SEPTA bus stop (Route 118) is adjacent, and the SEPTA R-3 Commuter Rail Station in Wallingford is nearby. The main floor comprises 10 offices, four cubicles, a reception area, restrooms, and a coffee station. An additional office overlooks the main floor. The lower level features a large conference room, a gym, two locker rooms, a kitchenette, a laboratory, and substantial storage space. Significant recent improvements include a new HVAC system installed in 2023 and a newly installed French drain. Currently leased to an engineering firm until at least December 2024, with a lease termination date of June 2025, this property offers immediate income potential and long-term growth prospects. This is a rare opportunity to acquire a distinctive and highly functional commercial property in a desirable location.
Valuation by Paperhouses methods
Valuation date:
Dec 11, 2024
Alternative Use
Use
Valuation
Residential
$3,641,430
Hospitality
$3,335,531
Educational
$2,775,122
Medical
$2,870,563
Retail
$4,316,857
Location Insight
City
Wallingford
County
Delaware
State
Pennsylvania
Latitude
39.905
Longitude
-75.3759
CBSA code
37980
CBSA name
PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
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