Malvern, PA 19355,183 LANCASTER AVE
Malvern, PA 19355,183 LANCASTER AVE
Malvern, PA 19355,183 LANCASTER AVE
Malvern, PA 19355,183 LANCASTER AVE
Malvern, PA 19355,183 LANCASTER AVE
Malvern, PA 19355,183 LANCASTER AVE
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$1,000,000

$1,100,000

9.1%
Est.Price: ?

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Est. payment /mo

5,824 SqFt


SOLD DATE : 09/15/2023

Key Details

Sold Price $1,000,000

Property Type Commercial

Sub Type Office

Listing Status Sold

Purchase Type For Sale

Square Footage 5,824 sqft

Price per Sqft $171

MLS Listing ID PACT2046772

Sold Date 09/15/23

Originating Board BRIGHT

Year Built 2003

Annual Tax Amount $13,960

Tax Year 2023

Lot Size 0.889 Acres

Acres 0.89

Lot Dimensions 0.00 x 0.00

Property Description

Fantastic opportunity to purchase in East Whiteland Township. This two story office building would be a perfect fit for either an investor as the property is currently fully rented, or as a user buyer. Currently there are two offices in the building, one on the first floor and one on the second floor. The property sits on .89 acres and the building total square footage is 6,000 sf. The property is zoned in East Whiteland's Frontage Commercial District (more information on this zoning district can be located on East Whiteland's eCode360 website page). Property has been excellently maintained by property manager and owner since the building was constructed in 2003. Potential for a much higher ROI as the first floor rent amount is well under market value. Attached Pro Forma current and potential as well all zoning information. Listing Agent is related to the Seller.

Location

State PA

County Chester

Area East Whiteland Twp (10342)

Zoning FRONTAGE COMMERCIAL DIST.

Interior

Hot Water Electric

Cooling Central A/C

Heat Source Natural Gas

Exterior

Garage Spaces 22.0

Waterfront N

Water Access N

Roof Type Shingle

Accessibility Ramp - Main Level, Level Entry - Main

Parking Type Parking Lot

Total Parking Spaces 22

Garage N

Building

Foundation Slab

Sewer Public Sewer

Water Public

New Construction N

Schools

School District Great Valley

Others

Tax ID 42-04 -0102.0400

Ownership Fee Simple

SqFt Source Assessor

Security Features Fire Detection System,Smoke Detector

Special Listing Condition Standard

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Bright MLS (BMLS)
Listed by Lisa Pilotti Campbell • Metric Realty
Bought with Lisa Pilotti Campbell • Metric Realty
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