353 Lancaster Ave, Malvern, Pa
For Sale
Mixed Use
$980,000
Price
4.9%
Cap Rate
3,280 sqft
Building Size
Overview
Cap Rate
4.9%
Building Size
3,280 sqft
Year Built
1953
Price Per Sqft
$298.78
Zoning
C60
Roof
Rubber
Description
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. Parking lot for 12-14 vehicles. Current leases for two of the commercial spaces through March 2026. Leases for the two residential spaces expire in 2024.
Highlights
- Days on Market: 70
- Parking Features: Paved Parking
- Heating: Hot Water
This listing was syndicated through:
Listing ID: 802876709678
Listing ID: 802876709678