353 Lancaster Ave, Malvern, PA 19355

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List Price
$1,125,000
Status
ACTIVE
Days on Market
222
MLS#
PACT2117176
Subtype
Commercial Sale
Year Built
1953
Lot Size
11,266
Acres
0.26
MLS Area Major
East Whiteland Twp (10342)

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 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.

Additional Information

Taxes
$5,751
Zoning
C60
Flooring
Hardwood, Carpet, Tile
Heating
Hot Water
Air Conditioning
Central Air, Wall Units
Roof
Rubber
Foundation
Block
Parking Features
Paved
School District
Great Valley
Elementary School
K.D. Markley
Middle School
Great Valley
High School
Great Valley
View
Street

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Listing courtesy of RE/MAX Preferred - Malvern. Contact: