PA > Malvern
Malvern, PA 19355,353 LANCASTER AVE
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Stephanie Somers

Stephanie Somers

+1(215) 694-3707
$ 980,000
Est. payment /mo
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353 LANCASTER AVE Malvern, PA 19355

3,280 SqFt

UPDATED:

08/14/2024 10:06 AM

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 3,280 sqft

Price per Sqft $298

MLS Listing ID PACT2060538

HOA Y/N N

Originating Board BRIGHT

Year Built 1953

Annual Tax Amount $5,268

Tax Year 2024

Lot Size 0.259 Acres

Acres 0.26

Lot Dimensions 0.00 x 0.00

Property 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. Parking lot for 12-14 vehicles. Current leases for two of the commercial spaces through March 2026. Leases for the two residential spaces expire in 2024.

Location

State PA

County Chester

Area East Whiteland Twp (10342)

Zoning C60

Direction South

Interior

Hot Water Natural Gas

Heating Hot Water

Cooling Central A/C, Wall Unit

Flooring Hardwood, Carpet, Ceramic Tile

Heat Source Natural Gas

Exterior

Garage Spaces 11.0

Utilities Available Cable TV, Multiple Phone Lines, Natural Gas Available

Water Access N

View Street

Roof Type Rubber

Accessibility None

Total Parking Spaces 11

Garage N

Building

Foundation Block

Sewer Public Sewer

Water Public

New Construction N

Schools

Elementary Schools K.D. Markley

Middle Schools Great Valley

High Schools Great Valley

School District Great Valley

Others

Tax ID 42-04N-0020.0100

Ownership Fee Simple

SqFt Source Assessor

Security Features Exterior Cameras,Motion Detectors,Monitored,Smoke Detector,Carbon Monoxide Detector(s)

Acceptable Financing Cash, Conventional, VA

Listing Terms Cash, Conventional, VA

Financing Cash,Conventional,VA

Special Listing Condition Standard

Bright MLS (BMLS)
Listed by Alison C Roithmayr • RE/MAX Preferred - Malvern

Stephanie Somers

Co-Owner of The Somers Team | KELWLMCCRS294051

+1(215) 694-3707

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