519 LANCASTER AVE #2 & 3 new to site Save Request In-Person Tour Request Virtual Tour
Malvern,PA 19355
Key Details
Property Type Commercial
Sub Type Office
Listing Status Active
Purchase Type For Sale
Square Footage 5,500 sqft
Price per Sqft $131
Subdivision None Available
MLS Listing ID PACT2096772
Originating Board BRIGHT
Year Built 2009
Annual Tax Amount $10,245
Tax Year 2017
Property Sub-Type Office
Property Description
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.
Location
State PA
County Chester
Area East Whiteland Twp (10342)
Zoning FC
Interior
Hot Water Electric
Heating Central
Cooling Central A/C
Flooring Tile/Brick,Carpet
Heat Source Natural Gas,Electric
Exterior
Garage Spaces 20.0
Utilities Available Water Available,Sewer Available,Natural Gas Available,Electric Available,Phone
Water Access N
Roof Type Pitched,Asbestos Shingle
Accessibility Mobility Improvements,Elevator,Grab Bars Mod,Level Entry - Main,Ramp - Main Level,Roll-under Vanity,Wheelchair Mod,48\"+ Halls
Road Frontage Boro/Township,State
Total Parking Spaces 20
Garage N
Building
Lot Description Corner,Landscaping,Road Frontage
Foundation Concrete Perimeter
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Great Valley
Others
Tax ID 42-03R-0006.0200 & 42-03R-0006.0300
Ownership Condominium
Special Listing Condition Standard