Property

Malvern, PA 19355 519 Lancaster Avenue # 2 & 3

519 Lancaster Avenue # 2 & 3 Malvern, PA - Image 1519 Lancaster Avenue # 2 & 3 Malvern, PA - Image 2519 Lancaster Avenue # 2 & 3 Malvern, PA - Image 3
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519 Lancaster Avenue # 2 & 3 Malvern, PA - Image 4519 Lancaster Avenue # 2 & 3 Malvern, PA - Image 5519 Lancaster Avenue # 2 & 3 Malvern, PA - Image 6519 Lancaster Avenue # 2 & 3 Malvern, PA - Image 7519 Lancaster Avenue # 2 & 3 Malvern, PA - Image 8
Presented By: KW Commercial
  • MLS# PACT2096772
  • 04/27/2025
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  • SQFT • 4,125

Home Details

19 Lancaster Avenue, Units 2 & 3, a fully leased, income-producing office condominium investment located in the heart of Malvern, PA along the Route 30 corridor. Totaling approximately 4,125 square feet, the space is occupied by Resources for Human Development (RHD), a national nonprofit human services organization, through March 2029. Positioned on a highly visible stretch of Lancaster Avenue with 155 feet of frontage, this two-unit asset offers investors stable cash flow, minimal landlord responsibilities, and strong physical attributes including ADA accessibility, elevator service, full sprinkler coverage, and 20+ parking spaces. With only one other owner in the building (State Farm), this is a rare opportunity to acquire a majority interest in a modern, well-located office condominium property. The surrounding area is experiencing notable growth, with The Yards at Malvern, a luxury apartment complex recently delivered across Lancaster Ave and Penn Crest, a mixed-use project with 60+ apartments and ground-floor retail, set to break ground nearby. The property also benefits from immediate proximity to major daily-needs retailers, including Wawa, and established commercial neighbors that further strengthen tenant retention.
Presented By: KW Commercial

Interior Features for 519 Lancaster Avenue # 2 & 3

Other Interior Features

Central Air Y/NYes
FlooringTile/Brick, Carpet
Heating FuelNatural Gas, Electric
Heating Y/NYes
Hot WaterElectric
Number of Elevators1
Total Stories2

Other Rooms

Entry Level1

General for 519 Lancaster Avenue # 2 & 3

AccessibilityMobility Improvements, Elevator, Grab Bars Mod, Level Entry - Main, Ramp - Main Level, Roll-under Vanity, Wheelchair Mod, 48 + Halls
Association Recreation FeeN
Building Name519 LANCASTER AVE CONDOS
Business TypeProfessional
Cap Rate9.00
CityMALVERN
Construction MaterialsBrick, Block, Masonry, Stone, Stucco, Glass, CPVC/PVC, Copper Plumbing
Cool FuelElectric
CoolingCentral A/C
CountyCHESTER
DirectionsGPS
Electric200+ Amp Service
Gross Income107129.00
HeatingCentral
Historic Y/NNo
Location TypeSuburban
MLS AreaEast Whiteland Twp (10342)
ModificationTimestamp2025-05-06T09:55:34
MunicipalityEAST WHITELAND TWP
Net Operating Income65265.00
New ConstructionNo
Number Of Units Total3
Operating Expense41864.00
OwnershipCondominium
PossessionSettlement
Price Per Sq Ft Total AG131.82
Property ConditionExcellent
Property SubtypeOffice
Property TypeCommercial Sale
Property UseInvestment
RoofPitched, Asbestos Shingle
SewerPublic Sewer
Standard StatusActive
StatusACTIVE
Subdivision NameNONE AVAILABLE
Tax Annual Amount10245.0
Tax Assessed Value399980.0
Tax Lot0006.0300
Tax Year2017
Unit Number2 & 3
UtilitiesWater Available, Sewer Available, Natural Gas Available, Electric Available, Phone
Vacation Rental Y/NNo
Water Access Y/NNo
Waterfront Y/NNo
Year Built2009
Year Built SourceEstimated
ZoningFC

Exterior for 519 Lancaster Avenue # 2 & 3

Building Area Total5500.00
Car Parking Spaces20
Foundation DetailsConcrete Perimeter
Land Assessed Value152710.00
Land Use CodeC65
Lot FeaturesCorner, Landscaping, Road Frontage
Navigable Water Y/NNo
Road Frontage Length155
Road ResponsibilityBoro/Township, State
Total Loading Docks0
Total Parking Spaces20
Type of ParkingParking Lot
Water Oriented Y/NNo
Water SourcePublic
Water View Y/NNo

Additional Details

Price History

Charles Torres

Owner
Price $725,000
MLS#PACT2096772
List Date 04/27/2025
Property Type Commercial
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