$675,000 497 Lancaster Avenue Malvern, PA

MLS: PACT2000309   Type: Single Family   County: Chester   City: Malvern   Area: East Whiteland Twp   Zip: 19355     Stories: 2   Taxes: $4,072

Mortgage $3,169 /mo



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This home has so much potential! There are two separate entrances for those who are looking to have space for an office and home at the same address! This would also be a great in-law suite with some modifications! Incredible opportunity to own a (FC) Frontage Commercial District zoned property in Malvern with frontage on Lancaster Avenue (Route 30)! This 1.1 acre home/lot is minutes from Route 202, Route 352, and 45 minutes to Philadelphia International Airport. The property is situated across from Frazer Shopping Center and Post Office. This stretch of Lancaster Avenue has extensive traffic exposure and reach for your proposed business! This property is suited for anyone in the retail / service industry or a business needing extra office space for their expanding company! The house has two separate entrances and front doors that can be used for two individual offices. Priced to sell! See attached Zoning Map and Potential Use Document for all the possible uses! Don't miss your opportunity. Make your appointment today. The property has been rented at $1700/month with a lease end date of 11/1/2022.

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Price History

10/11/2021 Listed $685,000
11/11/2021 2% - $675,000

Accessibility None
Architectural Style Other
Association Y/N N
Basement Walkout Level
Bathrooms Count Main Level 3.00
Bathrooms Full Main Level 2
Condo/Coop Association Y/N N
Construction Materials Asbestos
Cool Fuel None
Cooling None
Days on Market 98
Garage Y/N N
Heating Hot Water
Levels 2
Lot Size Square Feet 47916.00
MLS Area East Whiteland Twp (10342)
New Construction N
Other Structures Above Grade
Ownership Fee Simple
Pool Y/N No Pool
Possession 31-60 Days CD, 0-30 Days CD, Immediate
Price Per Sq Ft 411.59
Property Type Residential
PropertyCondition Average
School District GREAT VALLEY
School District 300200397337
Senior Community Y/N N
Sewer Public Sewer
Structure Type Detached
Subdivision Name NONE AVAILABLE
Tax Annual Amount 4072.0
Tax Lot 0218
Tax Year 2021
Vacation Rental Y/N N
View Street
Water Access Y/N N
Zoning Description See attachment in documents for potential uses.

Interior Features

Above Grade Finished Area 1640
Above Grade Finished Area Source Estimated
Above Grade Finished Area Unit Type Square Feet
Basement Y/N Y
Bathrooms Half Main Level 1
Central Air Y/N N
Full Baths 2
Half Baths 1
Heating Fuel Oil
Heating Y/N Y
Hot Water Natural Gas
Living Area 1640
Main Level Bedrooms 4
Total Baths 3
Total Bedrooms 4

Exterior Features

Foundation Details Block
Lot Dimensions 0.00 x 0.00
Lot Features Road Frontage
Lot Size Acres 1.10
Lot Size Source Estimated
Navigable Water Y/N N
Type of Parking Driveway
Water Oriented Y/N N
Water Source Public
Water View Y/N N
Waterfront Y/N N

Property Schools

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Gallery (49 photos)

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Property vs Zip Code Avg (19355)

Price 675K Avg 2.68M

Sqr Feet 1,640 Avg 6,343

Cost / Sqr Ft $412 Avg $423

Taxes $4,072 Avg $20,231

Acres 1.1 Avg 3.96

Visits 155 Avg 95

Days on Site 103 Avg 73

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Location & Address

Kris Buchheit
557 West Uwchlan Avenue Suite 100
Exton, PA