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353 Lancaster AvenueMalvern, PA 19355

CHESTER County

$1,125,000List price
5Baths
3,280Sq Ft
1953Year built
0.26Acre lot
2Stories
6 months agoOn market

Description

Investment Opportunity. Multi Unit building in the heart of East Whiteland, with a prime location and high visibility on Lancaster Ave. near the intersection of Rte 352. Minutes from 202 and major routes and easy access to public transportation. Property includes 2 residential apartments and 3 commercial spaces, and would be perfect for a user/owner to grow their business, while also receiving rental income. Includes designated basement storage and multiple entrance/exits, including rear garage space with garage door opening that will accommodate a mid size truck. Parking lot for 12-14 vehicles. Current leases for two of the commercial spaces through May 2026. Leases for the two residential spaces are month to month leases.

Property Information

Property type
Commercial Sale
Year built
1953
Stories
2
Building area
3,280 Sq Ft
Lot size
0.26 acres
Lot dimensions
0.00 x 0.00
Parking spaces
10
Zoning
C60
Days on market
206
MLS® Listing#
PACT2117176

Property Features

Appliances
Gas Water Heater
Cooling
Central Air · Wall Unit(s) · Electric
Heating
Natural Gas · Hot Water
Flooring
Hardwood · Carpet · Ceramic Tile
Parking
Paved · Parking Lot
Construction
Block · Brick · Stucco
Foundation
Block
Roof
Rubber
Security
Smoke Detector(s) · Carbon Monoxide Detector(s)
Utilities
Cable Available · Natural Gas Available
Sewer
Public Sewer
Water source
Public

Schools

Elementary
K.D. MARKLEY
Middle
GREAT VALLEY
High
GREAT VALLEY
District
GREAT VALLEY

Financial Details

HOA
None
Annual taxes
$5,751Tax year 2025
Assessed value
$183,870
Parcel number
42-04N-0020.0100

Directions

From 352, East on Lancaster Ave, Pass Church Road, Building is on the left after Beechwood Ave.

Listing Courtesy: RE/MAX Preferred - Malvern - 6109026100

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