$645,000 497 Lancaster Avenue Malvern, PA

MLS: PACT169604   Type: Commercial   County: Chester   City: Malvern   Area: East Whiteland Twp   Neighborhood: None Available   Zip: 19355     Taxes: $3,887

Mortgage $3,028 /mo



Half Baths

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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.

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Price History

12/2/2018 Listed $645,000

Accessibility None
Cool Fuel None
County/Parish CHESTER
MLS Area East Whiteland Twp (10342)
New Construction N
Possession 61-90 Days CD
Price Per Sq Ft 393.29
Property Condition As-is Condition
Property SubType Retail
Property Type Commercial Sale
Tax Year 2018
Vacation Rental Y/N N
Zoning C3

Interior Features

Central Air Y/N N
Cooling None
Electric 100 Amp Service
Heating Central, None
Heating Fuel Oil
Heating Y/N Y
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 N
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 N
Water Oriented Y/N N
Water Source Other
Water View Y/N N
Waterfront Y/N N

Property Schools

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Property vs Zip Code Avg (19355)

Price 645K Avg 248K

Sqr Feet 1,640 Avg 6,746

Cost / Sqr Ft $393 Avg $37

Taxes $3,887 Avg $12,361

Acres 1.1 Avg 56.48

Visits 20 Avg 16

Walkscore® 45 Avg 43

Data Provided by Walkscore ® not using MLS data

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Location & Address

Distinctive Homes Main Line | Mary Beth Hurtado | RE/MAX Executive Realty
610 Old Lancaster Rd
Bryn Mawr, PA