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349 W State St 5,973 SF 20% Leased Office Building Media, PA 19063 $1,400,000 ($234.39/SF) 7.70% Cap Rate

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INVESTMENT HIGHLIGHTS

  • Tons of parking in the heart of Media Borough!
  • Reception Area in Building

EXECUTIVE SUMMARY

Welcome to an exceptional opportunity in the highly sought-after Media Borough! This versatile commercial property offers a rare combination of functionality, convenience, and location — complete with 15 private parking spaces, a true luxury in the borough.
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 — ideal for live/work arrangements, staff accommodations, or additional rental income.
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) Click Here to Access

ANNUAL ANNUAL PER SF
Gross Rental Income $99,999 $9.99
Other Income - -
Vacancy Loss - -
Effective Gross Income $99,999 $9.99
Taxes - -
Operating Expenses - -
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access

Gross Rental Income
Annual $99,999
Annual Per SF $9.99
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual $99,999
Annual Per SF $9.99
Taxes
Annual -
Annual Per SF -
Operating Expenses
Annual -
Annual Per SF -
Total Expenses
Annual $99,999
Annual Per SF $9.99
Net Operating Income
Annual $99,999
Annual Per SF $9.99

PROPERTY FACTS

Sale Type
Investment or Owner User
Property Type
Office
Building Size
5,973 SF
Building Class
C
Year Built/Renovated
1910/1980
Price
$1,400,000
Price Per SF
$234.39
Cap Rate
7.70%
NOI
$107,800
Percent Leased
20%
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
1,991 SF
Building FAR
0.88
Lot Size
0.16 AC
Zoning
Com
Parking
15 Spaces (2.51 Spaces per 1,000 SF Leased)

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • SPACE USE
  • CONDITION
  • AVAILABLE
  • 1st Floor
  • 2,400 SF
  • Office
  • -
  • Now

$8500 per month

  • 2nd Floor
  • 2,400 SF
  • Office
  • -
  • Now

$8500 per month

Space Size Space Use Condition Available
1st Floor 2,400 SF Office - Now
2nd Floor 2,400 SF Office - Now

1st Floor

Size
2,400 SF
Space Use
Office
Condition
-
Available
Now

2nd Floor

Size
2,400 SF
Space Use
Office
Condition
-
Available
Now

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

Walk Score®
Walker's Paradise (92)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
26-00-01787-00
Land Assessment
$117,110 (2025)
Improvements Assessment
$400,870 (2025)
Total Assessment
$517,980 (2025)
  • Listing ID: 36402139

  • Date on Market: 6/25/2025

  • Last Updated:

  • Address: 349 W State St, Media, PA 19063

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