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31260738
31260667

397 Lancaster Ave, Malvern, PA 19355

MB
PA RS329356
Keller Williams Realty Devon-Wayne
Listed by Keller Williams Realty Devon-Wayne
$695,000
90 days on market
Updated 90 days ago

497 Lancaster Ave

Details
Property Type Industrial, Land (+3)
Sub Type Commercial, Industrial (+1)
Square Footage 47,916
Units 1
Price per SqFt $15
Acreage 1.100
Zoning CF
Investment Type Redevelopment

Commercial Pad Site

Marketing description

A rare opportunity to acquire 1.10 acres of high-visibility commercial land and building on the

prestigious Main Line. Located directly on Lancaster Avenue (Route 30), this property offers

exceptional exposure in one of Chester County’s most affluent corridors. Existing structure is functional and is currently occupied.

Investment highlights

PROPERTY HIGHLIGHTS

● Total Lot Size: 1.10 Acres (47,916 SF)

● Building Size: Approx. 1,640 SF (Existing structure built in 1920)

● Zoning: FC (Frontage Commercial) – East Whiteland Township

● Frontage: 255’ of direct frontage on Lancaster Ave.

  • Utilities: Public Water, Public Sewer, and Natural Gas available.

  • Permitted uses include but not limited to: Restaurant, Bank, Medical/Professional Office, Daycare, Veterinary Practice

LOCATION & VALUE DRIVERS

High Traffic Exposure

● Traffic Count: Over 17,700 AADT (Annual Average Daily Traffic).

● Signage: Prominent pylon and facade signage opportunities.

Superior Demographics (3-Mile Radius)

● Average Household Income: Exceeding $145,000 .

● Population Growth: Projected +5% growth through 2029.

● Strategic Access: Minutes from Route 202, Route 29, and the PA Turnpike. Close to the

"Yards at Malvern" luxury apartments.

Investment Potential

● Development Ready: The large lot size and flexible zoning make this an ideal candidate

for a ground-up development or a high-end adaptive reuse project.

● Affluent Market: Located in the Great Valley School District area with a strong mix of retail and corporate neighbors.

Listing Contacts

MB
PA RS329356
Keller Williams Realty Devon-Wayne
Listed by Keller Williams Realty Devon-Wayne

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Zoning

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FC CommercialSpecial CommercialFrontage Commercial
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View all 36 uses
View all 36 uses
Last updated Apr 2, 2026 For deeper zoning details, reports are available at Zoneomics

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Property History

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Additional Information

Name
Mark Burkert
License
RS329356
Brokerage Phone
6106478300
Brokerage Address
744 West Lancaster Avenue
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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