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353 Lancaster Ave

$1,125,000

353 Lancaster Ave, Malvern, PA 19355

Active
Last Updated: 02/18/2026

4.9

Cap Rate

3,280 sqft

Building Size

Details:
Cap Rate:    4.9%
Building Size:    3,280 sqft
Year Built:    1953
Price Per Sqft:    $342.99
Zoning:    C60
Roof:    Rubber
Highlights:
  • Days on Market: 5
  • Parking Features: Paved Parking
  • Heating: Hot Water
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 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.

Map:
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