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$695,000

Listing Price

3beds

2baths

1,640sqft

47,916sqft lot

497 Lancaster Ave, Malvern, PA 19355

Member Features

Find Real Estate Bargain!

  • Full foreclosure details

  • Home value, equity and ownership info

  • Find homes priced below market

  • Get full access with a FREE Account

Already a member?

For Sale

Off Market

Single Family

Home type

--

Price / sqft

1920

Year built

Home Details

Exceptional Main Line Acquisition or Land Lease Opportunity: A rare premium offering featuring 1.10 acres of high-visibility commercial land with an existing structure, strategically positioned directly on Lancaster Avenue (Route 30) within one of Chester Countys most affluent, high-traffic corridors. This versatile property commands maximum daily traffic counts and optimal brand exposure, making it an ideal location for a medical or professional office building, retail strip center, convenience store, or quick-service restaurant concept integrated with EV charging infrastructure. Institutional and private investors will appreciate the significant transaction flexibility, as the seller is open to both an outright purchase or a long-term land lease. The existing structure on-site is fully functional and recently vacated, providing immediate utility, holding income potential, or a clean slate for rapid redevelopment; interior photography and a comprehensive property dossier are available upon request.

Interior Details

Square Feet
  • 1640

Bedrooms
  • 3

Bathrooms
  • 2

Heating
  • Has Heating:

    Yes

  • Heating Type:

    Hot Water

Cooling
  • Has Cooling:

    No

  • Cooling Type:

    N/A

Fuel
  • Has Fuel:

    Yes

  • Fuel Type:

    Oil

Basement
  • Has Basement:

    No

  • Basement Type:

    Finished

Flooring
  • Has Flooring:

    No

  • Flooring Type:

    N/A

Fireplace
  • Has Fireplace:

    Yes

  • Fireplace Type:

    N/A

Property Details

Lot Size
  • 47916

Water
  • Yes

Sewer
  • Yes

Parking
  • Type:

    Garage, Detached

  • Location:

    N/A

  • Status:

    N/A

  • Number of Spaces:

    1

Deck
  • N/A

Patio
  • N/A

Fence
  • N/A

Pool
  • N/A

Porch
  • N/A

Stoop
  • N/A

Breezeway
  • N/A

Construction Details

Number of Stories
  • 1

Style
  • Old

Exterior
  • Asbestos

Foundation
  • N/A

Roof
  • N/A

Roofing Material
  • N/A

Tax History

Year

Amount

Land

Improvement

Percent Change

Assessment

2020

$3,924

$35,540

$113,320

--%

$148,860

2019

$3,886

$35,540

$113,320

--%

$148,860

2018

$3,812

$35,540

$113,320

--%

$148,860

2017

$3,812

$35,540

$113,320

--%

$148,860

2016

$3,663

$35,540

$113,320

--%

$148,860

2014

$3,602

$35,540

$113,320

--%

$148,860

2012

$3,489

$35,540

$113,320

--%

$148,860

percent-home-icon

Average Home Price in 19355

Nearby Properties

Zip Code

Price

Bed

Bath

Sqft

Lot

Sold Date

$550,000

4 Beds

2 Baths

1,581 Sqft

10,837 Lot (sqft)

Sold 10/27/2026

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Calculators

Mortgage

Mortgage Calculator

Calculate your monthly mortgage payments.
Household Income
70,000
$
Home price
695,000
$
Down payment
139,000
$
Mortgage Rate
6.5
%
Loan Term
Property Tax Rate
1.1
%
Homeowner's Insurance (Annual)
4,170
$
HOA (Monthly)
0
$
PMI
0
$
$4,499
Your Payment
Total Monthly Payment:$4,499
Percent of Income:77%
Affordable:No

Details for 497 LANCASTER AVE

Property Debt

Foreclosure Contact Details