397 W Lancaster Avenue Malvern, PA ^$ 989,000

397 W Lancaster Avenue

^$ 989,000

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Recently Listed

397 W Lancaster Avenue

Malvern, PA, 19355

^$ 989,000

Bedrooms-- Baths-- Sq 1,086

Monthly Estimate*

^$ 6,245

397 W Lancaster Avenue, Malvern, PA 19355 - Image 1

397 W Lancaster Avenue, Malvern, PA 19355 - Image 2

397 W Lancaster Avenue, Malvern, PA 19355 - Image 3

397 W Lancaster Avenue, Malvern, PA 19355 - Image 4

397 W Lancaster Avenue, Malvern, PA 19355 - Image 5

397 W Lancaster Avenue, Malvern, PA 19355 - Image 6

397 W Lancaster Avenue, Malvern, PA 19355 - Image 7

397 W Lancaster Avenue, Malvern, PA 19355 - Image 8

Commercial Property for sale in Malvern, PA

for $989,000. This 1,086 square foot building was built in 1919 on a lot size of 0.82.

High-Visibility Route 30 Malvern Property Corner Location at Signalized Intersection 13,741 Cars Per Day Monument Signage on Both Streets 2,172 SF Plus Finished Basement 2 Conference Rooms 7 Private Offices 3 Restrooms Large Parking Field + 8 Cars Garage and Shed Provide Additional +/- 600 SF of Storage

Commercial Active

Price

^$ 989,000

Property Type

Commercial

Taxes

^$ 4,758

Style

Professional

Lot Size

0.82

Year Built

1919

Town/City

Malvern

County/Region

Chester

MLS | Web ID

PACT2136926

Features

Interior

Heating Fuel Natural Gas

Hot Water Natural Gas

Heating Y/N Y

Central Air Y/N N

General

Sewer Public Sewer

Heating Hot Water

Cooling Other

Possession Negotiable

Zoning FC - FRONTAGE COMMERCIAL

Construction Materials Combination

Year Built 1919

Property Subtype Office

Tax Year 2026

Ownership Fee Simple

Cool Fuel None

Municipality EAST WHITELAND TWP

Business Type Professional

Accessibility None

County CHESTER

New Construction N

Property Type Commercial Sale

Water Access Y/N N

Status ACTIVE

Directions 397 Lancaster Ave Malvern PA 19355

City MALVERN

Number Of Units Total 0

MLS Area East Whiteland Twp (10342)

Lot Size Units Square Feet

Lot Size Square Feet 35907.00

Tax Annual Amount 4758.0

Price Per Sq Ft Total AG 455.34

Vacation Rental Y/N N

Standard Status Active

Year Built Source Assessor

Tax Lot 0044

Exterior

Water Source Other

Type of Parking Parking Lot

Water View Y/N N

Building Area Total 2172.00

Lot Dimensions 0.00 x 0.00

Lot Size Acres 0.82

Lot Size Source Assessor

Waterfront Y/N N

Land Assessed Value 114770.00

Navigable Water Y/N N

Water Oriented Y/N N

Internal Only

Street Number 1 397

* Excluded Features

List By

Pillar Real Estate Advisors

Broker

info@pillarrealestateadvisors.com

Affordability Calculator

$6,641

Per Month

Monthly Principal & Interest: $6,245
Monthly Property Taxes: $397
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Malvern, PA

Average List Price ^$2,014,833

Percent of Sale Price 104%

About Malvern, PA

3,300 Population

8% Since 2002

^$74,073 Median Income

42.5 Median Age

29% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

2136830 Elementary School

2137124 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
9/29/2026	$989,000		Listed Price

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397 W Lancaster Avenue, Malvern, PA, 19355 is a Commercial Property for sale at $989,000 with 1,086 sqft and a lot size of 0.82. 397 W Lancaster Avenue was built in 1919. The property's zip code is 19355 which is in Malvern, PA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BrightMLS Broker Reciprocity^SM program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Weichert, Realtors® participates, and is provided by BrightMLS through a licensing agreement.

Real estate listings held by brokerage firms other than Weichert, Realtors® are marked with the Broker Reciprocity icon (a little black house) and detailed information about each listing includes the name of the listing broker.

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397 W Lancaster Avenue

Commercial Property for sale in Malvern, PA

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