497 Lancaster Avenue Malvern, PA
$ 645,000
Property Attributes
  • MLS#PACT169604
  • TypeCommercial
  • CountyCHESTER
  • CityMalvern
  • AreaEast Whiteland Twp
  • NeighborhoodNONE AVAILABLE
  • Zip19355
  • StyleStorage,Shopping Center,Restaurant/Bar,Religious
  • Year Built1920
  • Taxes3887
  • Price$ 645,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage1640
  • Lot Size1.1 Acres
Listing Provided Courtesy Of:
Keller Williams Real Estate - Media
Property Description

This 1.10-acre parcel with 253 feet of frontage, (FC) "Frontage Commercial District" zoned C-3 across from Frazer Shopping Center/Post Office is available for a purchase or ground lease. This one of a kind property is located on busy Lancaster Ave, Rt 30, near the intersection with Rt 352 located in Malvern/Frazier Mainline area. Minutes from Rt 202, conveniently located to major routes within 45 minutes from Philadelphia International Airport. Conveniently located near transportation. There are very few properties available along this busy artery that offer the flexibility of business and retail opportunities. The exposure alone of your business is worth a long-term lease with the heavy volume of potential customers! The owner would consider a ground lease for 10 to 20 years. Monthly ground lease -3k to 5K depends on a term. Best use: retail, restaurant, office, etc. (SEE EAST WHITELAND ECODE)(ZONING MAP/TAX MAP PHOTOS). This property is also known as 437 Lancaster Ave Malvern Pa Please call listing agent for more info.

Price History
12/2/2018 Listed $645,000

General Features

Accessibility None
Business Type Other, Storage, Shopping Center, Restaurant/Bar, Religious Facility, Professional
Cool Fuel None
MLS Area East Whiteland Twp (10342)
New Construction No
Ownership Fee Simple
Possession 61-90 Days CD
Price Per Sq Ft 393.29
Property SubType Retail
Property Type Commercial Sale
PropertyCondition As-is Condition
Tax Year 2018
Vacation Rental Y/N No
Zoning C3

Interior Features

Central Air Y/N No
Cooling None
Electric 100 Amp Service
Heating Central, None
Heating Fuel Oil
Heating Y/N Yes
Hot Water Instant Hot Water

Exterior Features

Building Area Total 1640.00
Construction Materials Aluminum Siding
Door Features Storm
Exterior Amenities Highway Exposure, Public Transport Nearby
Lot Dimensions 249 FEET FRONTAGE
Lot Size Acres 1.10
Lot Size Source Assessor
Lot Size Square Feet 47916.00
Navigable Water Y/N No
Parking Spaces 3+ Car Parking
Road Frontage Length 249
Road Surface Type US Highway/Interstate
Roadresponsibility State
Sewer Other
Type of Parking Driveway
Water Access Y/N No
Water Oriented Y/N No
Water Source Other
Water View Y/N No
Waterfront Y/N No


  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 19355

AVG $350K
AVG $3,357
AVG 28
Year Built
AVG 1961
AVG 42
Data Provided by Walkscore ® not using MLS data

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