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$1,000,000

  • Sold
  • Closed
  • Retail
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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.

Full Property Details for 183 Lancaster Ave

General

  • Sold For: $1,000,000
  • Taxes: $13,960 (2023)
  • Status: Closed
  • Type: Retail
  • Source: BrightMLSPhilly
  • MLS ID: PACT2046772
  • Added to Site: 989 day(s) ago

Business

  • Business Type: Health Club, Institutional, Medical, Professional, Bed

Additional Information

  • Security/Safety: Fire Detection System, Smoke Detector

Parking

  • Total Spaces: 22
  • Parking Features: Lighted Parking
  • Parking Type: Parking Lot

Location

  • Area: East Whiteland Twp (10342)
  • Municipality: EAST WHITELAND TWP
  • County: Chester
  • Driving Directions: Headed East on business Rt.30 just past the intersection of Rt.30 & Malin Road property will be on the left. Headed West on business Rt.30 just past the intersection of Rt.30 & Deerfield and property will be on the right
  • Location Details: Business District

Heating & Cooling

  • Central air: Yes
  • Cooling Type: Central A/C
  • Cooling Fuel: Electric
  • Heating Type: 90% Forced Air, Central
  • Heating Fuel: Natural Gas
  • Water Heater: Electric

Utilities

  • Sewer: Public Sewer
  • Water: Public

Structural Information

  • Construction: Combination
  • Foundation: Slab
  • Roof: Shingle
  • Entry Floor Number: 1
  • Stories/Levels: 2
  • Year Built: 2003
  • Year Built Source: Assessor
  • Property Condition: Excellent

Unit Information

  • # Tenants: Multiple

Lot Features

  • Lot Size (Acres): 0.89
  • Lot Size (Sq. Ft.): 38,711
  • Lot Size Source: Assessor
  • Lot Dimensions: 0.00 x 0.00
  • Zoning: FRONTAGE COMMERCIAL DIST.

Financial Considerations

  • Price Per Sq. Ft.: $188.87
  • Operating Expenses: $29,276
  • Assessment Year: 2023
  • School Tax: $11,461
  • City/TownTax: $223
  • City/TownTax Freq: Annually
  • County Tax: $2,276
  • County Tax Freq: Annually
  • Tax w/Assessment: $500,060
  • Tax Amount: $13,960
  • Tax Year: 2023

Disclosures and Reports

  • Ownership: Fee Simple
  • Lot Number: 102.04

Listed and Sold by Metric Realty, Lisa Pilotti Campbell

Listing agent

— 183 Lancaster Ave —

  • Lisa Pilotti Campbell

    Metric Realty

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 183 Lancaster Ave

School District:Great Valley School District
NameGradesDistance
Kathryn D. Markley El School
354 Swedesford Rd, Malvern, PA 19355
K-51 mi
Great Valley Middle School
255 Phoenixville Pike, Malvern, PA 19355
6-81.9 mi
Great Valley High School
225 Phoenixville Pike, Malvern, PA 19355
9-121.9 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 183 Lancaster Ave

Date
Details
Price
Change
Source
9/15/2023
Sold
$1,000,000
-9.09%
MLS
6/07/2023
Listed
$1,100,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Listed and Sold by Metric Realty, Lisa Pilotti Campbell

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183 Lancaster Avenue, Malvern, PA 19355 (MLS# PACT2046772) is a Retail property that was sold at $1,000,000 on September 15, 2023. Want to learn more about 183 Lancaster Avenue? Do you have questions about finding other Retail real estate for sale in Malvern? You can browse all Malvern real estate or contact a Coldwell Banker agent to request more information.