Active

MLS: #PACT2120928, Listed By: Mark Burkert, Keller Williams Realty Devon-Wayne, Source:Bright MLS

497 Lancaster Avenue

MALVERN, PA 19355

$695,000 $2,930/Mo

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Overview

1.10

Acres(Lot)

Description

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 County’s 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.

Property Details

Property Type : Land

Price : $695,000

AD Id : 76519775

MLS Id : PACT2120928

Lot Size : 1.10 Acres(Lot)

County : CHESTER

Map

What's Nearby

Nearby Areas

Features

Lot Information

Lot Dimensions: 0.00 x 0.00 Lot Size Acres: 1.1 Lot Size Source: Estimated Lot Size Square Feet: 47916

Listing Price Information

Listing Price: $695000

Tax Information

Parcel Number: 42-03 -0218 Tax Lot: 0218 Tax Year: 2025 Annual Tax: $4656

Location Information

Direction: On Lancaster Ave between Frazer and Malvern. WaterSource: Public

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Nearby Home Value

Address	Estimate	Bed	Bath	Sq. Ft	Lot Size
757 Hillview Road, Malvern, PA, 19355	$2,500,000	--	--	--	13.50 Acres(Lot)
336 Conestoga Road, Malvern, PA, 19355	$144,900	--	--	--	0.45 Acre(Lot)
1105 Green Lane Road, Malvern, PA, 19355	$2,095,000	3	2	3,583	22.40 Acres(Lot)

Similar Land To 497 Lancaster Avenue

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$695,000

Land For Sale

497 Lancaster Avenue,
Malvern, PA, 19355

Acres(Lot)

336 Conestoga Road,
Malvern, PA, 19355

Acre(Lot)

1105 Green Lane Road,
Malvern, PA, 19355

Bed

Bath

Sqft (Lot)

Acres(Lot)

757 Hillview Road,
Malvern, PA, 19355

13.50

Acres(Lot)

The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which ByOwner participates, and is provided by BRIGHT through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have closed or are no longer being offered for sale. Information Deemed Reliable But Not Guaranteed. Copyright © 2026 Bright MLS. All rights reserved.

ByOwner last updated this listing 06/10/2026 @ 01:55

MLS: PACT2120928 LISTED BY: Mark Burkert, Keller Williams Realty Devon-Wayne 610-647-8300 SOURCE: Bright MLS