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349 W State St 5,973 SF 20% Leased Office Building Media, PA 19063 $1,300,000 ($217.65/SF) 8.29% Cap Rate
INVESTMENT HIGHLIGHTS
- Tons of parking in the heart of Media Borough!
- Corner location
- Reception Area in Building
EXECUTIVE SUMMARY
The first floor is thoughtfully configured to support a variety of business needs, featuring:
Multiple private office spaces
A welcoming reception area
A spacious conference room
Two powder rooms
Several dedicated storage, copy, and file areas
Four exterior exits, including two at grade for easy accessibility
The second floor enhances operational flexibility with:
A full kitchen
Two additional office spaces
Ample storage
A full restroom
Adding to the property’s value is the third floor, which includes a 1-bedroom, 1-bath apartment — currenlty rented for $1500/month through November.
Whether you're expanding your business, investing in a prime location, or seeking a mixed-use opportunity, this property delivers unmatched potential in a vibrant community with easy aceess to public transportation and high ways.
FINANCIAL SUMMARY (ACTUAL - 2024) |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
$134,467
|
$22.51
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$134,467
|
$22.51
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$25,685
|
$4.30
|
| Net Operating Income |
$108,782
|
$18.21
|
FINANCIAL SUMMARY (ACTUAL - 2024)
| Gross Rental Income | |
|---|---|
| Annual | $134,467 |
| Annual Per SF | $22.51 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $134,467 |
| Annual Per SF | $22.51 |
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $25,685 |
| Annual Per SF | $4.30 |
| Net Operating Income | |
|---|---|
| Annual | $108,782 |
| Annual Per SF | $18.21 |
PROPERTY FACTS
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
-
- Health Care and Social Assistance
- -
- -
- -
Family First Homecare provides exceptional homecare services to children with life-long health conditions. Because a loved one deserves to enjoy life in the comfort of their homes – not hospital. In a world where neither the patients, families, or nurses want to be trapped in the hospital forever, someone had to find a better way to get them back to the comfort and freedom of their home environment. Family First was founded to do exactly that. Delivering the highest possible standards of both care and communication to the families they serve, Family First Homecare understands the importance of getting – and keeping – a loved one home: where there can be home-cooked meals, where the nurse-to-patient ratio is always 1:1, and where children with complex medical conditions can enjoy fulfilling lives outside of a hospital setting.
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE END | ||
|
|
Health Care and Social Assistance | - | - | - |
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- CONDITION
- AVAILABLE
$8500 per month
$8500 per month
1 bedroom/1 bath apartment rented for $1500/month.
| Space | Size | Space Use | Condition | Available |
| 1st Floor | 2,400 SF | Office | - | Now |
| 2nd Floor | 2,400 SF | Office | - | Now |
| 3rd Floor | 1 SF | Flex | - | Dec 2026 |
1st Floor
| Size |
| 2,400 SF |
| Space Use |
| Office |
| Condition |
| - |
| Available |
| Now |
2nd Floor
| Size |
| 2,400 SF |
| Space Use |
| Office |
| Condition |
| - |
| Available |
| Now |
3rd Floor
| Size |
| 1 SF |
| Space Use |
| Flex |
| Condition |
| - |
| Available |
| Dec 2026 |
1st Floor
| Size | 2,400 SF |
| Space Use | Office |
| Condition | - |
| Available | Now |
$8500 per month
2nd Floor
| Size | 2,400 SF |
| Space Use | Office |
| Condition | - |
| Available | Now |
$8500 per month
3rd Floor
| Size | 1 SF |
| Space Use | Flex |
| Condition | - |
| Available | Dec 2026 |
1 bedroom/1 bath apartment rented for $1500/month.
PROPERTY TAXES
| Parcel Number | 26-00-01787-00 | Improvements Assessment | $400,870 (2025) |
| Land Assessment | $117,110 (2025) | Total Assessment | $517,980 (2025) |
PROPERTY TAXES
Presented by
349 W State St
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