Property

Malvern, PA 19355 497 Lancaster Avenue

497 Lancaster Avenue Malvern, PA - Image 1497 Lancaster Avenue Malvern, PA - Image 2497 Lancaster Avenue Malvern, PA - Image 3
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497 Lancaster Avenue Malvern, PA - Image 4497 Lancaster Avenue Malvern, PA - Image 5497 Lancaster Avenue Malvern, PA - Image 6497 Lancaster Avenue Malvern, PA - Image 7497 Lancaster Avenue Malvern, PA - Image 8497 Lancaster Avenue Malvern, PA - Image 9
Presented By: Keller Williams Realty Devon-Wayne
  • MLS# PACT2120928
  • 03/26/2026
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Home Details

Exceptional Main Line Acquisition or Land Lease Opportunity: A rare premium offering featuring 1.10 acres of high-visibility commercial land with an existing structure, strategically positioned directly on Lancaster Avenue (Route 30) within one of Chester Countys most affluent, high-traffic corridors. This versatile property commands maximum daily traffic counts and optimal brand exposure, making it an ideal location for a medical or professional office building, retail strip center, convenience store, or quick-service restaurant concept integrated with EV charging infrastructure. Institutional and private investors will appreciate the significant transaction flexibility, as the seller is open to both an outright purchase or a long-term land lease. The existing structure on-site is fully functional and recently vacated, providing immediate utility, holding income potential, or a clean slate for rapid redevelopment; interior photography and a comprehensive property dossier are available upon request.
Presented By: Keller Williams Realty Devon-Wayne

General for 497 Lancaster Avenue

Acceptable FinancingCash, Conventional
Additional Parcels Y/NNo
CityMALVERN
Clean Green Assessed Y/NNo
CountyCHESTER
Current UseResidential
DirectionsOn Lancaster Ave between Frazer and Malvern.
DisclosuresBuild to Suit
HOANo
Location TypeSuburban
Lot Size Square Feet47916.00
Lot Size UnitsSquare Feet
MLS AreaEast Whiteland Twp (10342)
MunicipalityEAST WHITELAND TWP
OwnershipFee Simple
PossessionNegotiable
Price Per Sq Ft Total AG14.5
Property SubtypeLand
Property TypeLand
School DistrictGREAT VALLEY
SewerPublic Sewer
Standard StatusActive
StatusACTIVE
Tax Annual Amount4656.0
Tax Assessed Value148860.0
Tax Lot0218
Tax Year2025
Vacation Rental Y/NNo
ViewStreet
Water Access Y/NNo
ZoningFRONTAGE COMMERCIAL

Exterior for 497 Lancaster Avenue

InclusionsExisting home on parcel.
Land Use CodeR10
Lot Dimensions0.00 x 0.00
Lot FeaturesRoad Frontage
Lot Size Acres1.10
Lot Size SourceEstimated
LotDimensionsSourceAssessor
Navigable Water Y/NNo
Water Oriented Y/NNo
Water SourcePublic
Water View Y/NNo
Waterfront Y/NNo

Additional Details

Price History

Monica Henriques

Real Estate Agent
Price $695,000
MLS#PACT2120928
List Date 03/26/2026
Property Type Land
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