Property

Malvern, PA 19355 116 E King Street

116 E King Street Malvern, PA - Image 1116 E King Street Malvern, PA - Image 2
Presented By: Keller Williams Real Estate -Exton
  • MLS# PACT2094266
  • 03/28/2025
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  • SQFT • 2,814

Home Details

Here is an opportunity to buy a turn key commercial building in Malvern Borough with outstanding visibility and signage! Prime King Street location between Bridge Street and Channing Avenue with private parking in the rear! Currently leased to two tenants with approximately 1.5 years left on the lease. Interior with hardwood floors in several office areas. Walk to Septa station with access to the Paoli-Thorndale line and Amtrak. Plus easy access to Alba, Brick N Brew, The Buttery, Kimberton Whole Foods, The Flying Pig, Wawa and the post office. Zoned C3 for office, retail and other allowable uses. (See zoning map in available documents.) All three floors are occupied as office space. The building is set up to be a two tenant building with a private entrance to the 2nd and 3rd floors. Tenants pay rent plus utilities, trash and snow. There is a two-zone alarm system (not in use). Good opportunity for an investor or end-user once the current lease is expired. Call for more details. Do not visit the property without an appointment.
Presented By: Keller Williams Real Estate -Exton

Interior Features for 116 E King Street

Other Interior Features

Central Air Y/NYes
FlooringWood
Heating FuelNatural Gas
Heating Y/NYes
Hot WaterNatural Gas

General for 116 E King Street

AccessibilityNone
Business TypeProfessional, Other/General Retail
CityMALVERN
Construction MaterialsVinyl Siding
Cool FuelElectric
CoolingCentral A/C
CountyCHESTER
DirectionsUse GPS
HeatingForced Air
Lease Considered Y/NNo
Location TypeDowntown
Lot Size Square Feet6813.00
Lot Size UnitsSquare Feet
MLS AreaMalvern Boro (10302)
ModificationTimestamp2025-05-07T11:13:29
MunicipalityMALVERN BORO
New ConstructionNo
Number Of Units Total
OwnershipFee Simple
PossessionSubject to Existing Lease
Price Per Sq Ft Total AG283.94
Property ConditionGood
Property SubtypeOffice
Property TypeCommercial Sale
RoofArchitectural Shingle
SewerPublic Sewer
Standard StatusActive
StatusACTIVE
Tax Annual Amount4835.0
Tax Assessed Value143950.0
Tax Lot0200
Tax Year2024
Vacation Rental Y/NNo
Water Access Y/NNo
Waterfront Y/NNo
Year Built1870
Year Built SourceAssessor
ZoningC3

Exterior for 116 E King Street

Building Area Total2814.00
Car Parking Spaces7
Land Assessed Value65280.00
Land Use CodeC60
Lot Dimensions0.00 x 0.00
Lot FeaturesRoad Frontage
Lot Size Acres0.16
Lot Size SourceAssessor
LotDimensionsSourceAssessor
Navigable Water Y/NNo
Parking FeaturesPrivate, Public
Road ResponsibilityBoro/Township, Easement/Right of Way
Road Surface TypeBlack Top
Total Loading Docks0
Total Parking Spaces7
Type of ParkingParking Lot, Off Site
Water Oriented Y/NNo
Water SourcePublic
Water View Y/NNo

Additional Details

Price History

Ebonie Clerier

Associate
Price $799,000
MLS#PACT2094266
List Date 03/28/2025
Property Type Commercial
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