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353 LANCASTER AVENUEMALVERN, PA 19355

Commercial · 3,280 Sq. ft. | 0.26 Acres
$1,125,000 ACTIVE

353 LANCASTER AVENUE Overview

Time on Site:
140 days
Visits:
34

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.

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353 LANCASTER AVENUE Facts & Features

  • Type Commercial
  • Sq. ft. 3,280
  • Price/Sq.ft. $343
  • Lot 0.26 Acres

Details

General

Association/HOA

  • Association: No

School Information

  • Elementary School: K.D. MARKLEY
  • Middle Or Junior School: GREAT VALLEY
  • High School: GREAT VALLEY

Income/Expenses

  • Gross Income: 78600.00
  • Income Includes: Professional Offices,Apartment Rentals,Shop Rentals

Listing Information

  • Real Estate Owned: No
  • Short Sale: No

Building Information

  • New Construction: No
  • Year Built: 1953

Business Information

  • Business Type: Day Care Facility,Hair Salon and Spa,Medical,Professional,Religious Facility,School,Vet/Kennel,Other

Location/Region

  • Country: US
  • County: CHESTER
  • County Or Parish: CHESTER
  • MLS Area Major: East Whiteland Twp (10342)

Parking Information

  • Total Parking Spaces: 11
  • Type of Parking: Parking Lot

Rent/Lease Information

  • Lease Considered: No

Tax Information

  • City/Town Tax: 165.00
  • City/Town Tax Payment Frequency: Annually
  • County Tax: 950.00
  • County Tax Payment Frequency: Annually
  • School Tax: 4637.00
  • Tax Annual Amount: $5,751.00
  • Tax Assessed Value: 183870.00
  • Tax Year: 2025

General Information

  • Historic: No
  • Municipal Trash: No
  • Property Sub Type: Five Or More Units
  • Property Type: Commercial Sale
  • School District Name: GREAT VALLEY
  • Special Listing Conditions: Standard
  • Vacation Rental: No
  • Year Assessed: 2025
  • Zoning: C60

Interior

Building Information

  • Building Winterized: No
  • Cooling Fuel: Electric
  • Heating Fuel: Natural Gas
  • Total Drive In Doors: 0
  • Total Restrooms: 5

Parking Information

  • Garage: No

Building Interior

  • Building Area Source: Assessor
  • Building Area Total: 3280.00
  • Central Air: Yes
  • Hot Water: Natural Gas

General Information

  • Accessibility Features: None
  • Cooling: Central A/C, Wall Unit
  • Electric: 120/240V
  • Entry Level: 1
  • Flooring: Hardwood, Carpet, Ceramic Tile
  • Foundation Details: Block
  • Security Features: Exterior Cameras,Motion Detectors,Monitored,Smoke Detector,Carbon Monoxide Detector(s)
  • Stories Total: 2

Exterior

Building Information

  • Total Loading Docks: 0

Parking Information

  • Parking Features: Paved Parking

Lot Information

  • Lot Size Acres: 0.26
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 11266.00
  • Lot Size Units: Square Feet
  • Water Source: Public

Waterfront/View

  • View: Street
  • Water Oriented: No
  • Water View: No
  • Waterfront: No

Building Exterior/Construction

  • Construction Materials: Block, Brick, Stucco
  • Direction Faces: South
  • Fencing: No
  • Roof: Rubber

General Information

  • Number Of Units Total: 5
  • Sewer: Public Sewer
  • Utilities: Cable TV,Multiple Phone Lines,Natural Gas Available
  • Water Access: No

353 LANCASTER AVENUE Neighborhood

Community

19355 (MALVERN) Demographics

41
Median Age
698
Population Density (per sq. mile)
75%
College Educated
$133,686
Estimated Median Income
7,645
Estimated Total Home Owners
2,445
Estimated Total Renters
76% / 24%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

353 LANCASTER AVENUE Monthly Cost

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$
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Alex Reilley
Kevin Schulthies
Our Website
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

353 LANCASTER AVENUE Market Data

Based on the last 30 days in this zip code

$1,233,878
Average List Price
$359
Average Price per Square Foot
34
Properties Sold
51
Average Days on Market
127
Properties for Sale
Calculations provided by Reliance Network

353 LANCASTER AVENUE History

Date Event Value Agent
2/13/2026Source: BRIGHT MLS Status Change
ACTIVE
2/10/2026Source: BRIGHT MLS Added to Database
February 10, 2026
Listing provided courtesy of RE/MAX Preferred - Malvern- MLS# PACT2117176MLS ProviderContact Information: [email protected] - 6109026100