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$989,000 Just Listed
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Property Description
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
Full Property Details
Full Property Details for 397 W Lancaster Ave
General
- Price: $989,000
- Taxes: $4,758 (2026)
- Status: Active
- Type: Commercial Service
- Source: BrightMLSPhilly
- MLS ID: PACT2136926
- Updated: 9/29/2026
- Added to Site: 1 day(s) ago
Business
- Business Type: Professional
Parking
- Total Spaces: 8
- Parking Type: Parking Lot
Location
- Area: East Whiteland Twp (10342)
- Municipality: EAST WHITELAND TWP
- County: CHESTER
- Driving Directions: 397 Lancaster Ave, Malvern, PA 19355
Heating & Cooling
- Cooling Type: Other
- Heating Type: Hot Water
- Heating Fuel: Natural Gas
- Water Heater: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Other
Structural Information
- Construction: Combination
- Building Size: 2172
- Year Built: 1919
- Year Built Source: Assessor
Unit Information
- # Tenants: Multiple
- Other Units: Unit 1, Unit 1, Unit 1, Unit 1, Unit 1
Lot Features
- Lot Size (Acres): 0.82
- Lot Size (Sq. Ft.): 35,907
- Lot Size Source: Assessor
- Zoning: FC - FRONTAGE COMMERCIAL
Financial Considerations
- Price Per Sq. Ft.: $455.34
- Assessment Year: 2026
- School Tax: $3,862
- City/TownTax: $132
- City/TownTax Freq: Annually
- County Tax: $764
- County Tax Freq: Annually
- Tax w/Assessment: $147,980
- Tax Amount: $4,758
- Tax Year: 2026
Disclosures and Reports
- Ownership: Fee Simple
- Investment: Yes
- Lot Number: 44
Listed by Pillar Real Estate Advisors, Eric Kuhn
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Schools
Schools serving 397 W Lancaster Ave
School District:Radnor Township School District
| Name | Grades | Distance |
|---|---|---|
Wayne El School 651 West Wayne Avenue, Wayne, PA 19087 | K-5 | 0.9 mi |
Radnor Middle School 150 Louella Avenue, Wayne, PA 19087 | 6-8 | 0.8 mi |
Radnor Senior High School 130 King of Prussia Rd, Radnor, PA 19087 | 9-12 | 2.2 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 397 W Lancaster Ave
Date
Details
Price
Change
Source
9/29/2026
Listed
$989,000
5.21%
MLS
8/11/2025
Sold
$940,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 397 W Lancaster Ave
Year
Property Taxes
Change
Tax Assessment
Change
2026
$463
-90%
$147,980
2%
2025
$4,426
6%
$145,440
—
2024
$4,168
8%
$145,440
—
2023
$3,861
—
$145,440
—
2022
$3,861
2%
$145,440
—
2020
$3,797
-1%
$145,440
—
2020
$3,834
1%
$145,440
—
2019
$3,797
2%
$145,440
—
2018
$3,725
—
$145,440
—
2017
$3,725
4%
$145,440
—
2016
$3,579
—
$145,440
—
2015
$3,579
2%
$145,440
—
2014
$3,519
—
$145,440
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 397 W Lancaster Ave
397 W Lancaster Avenue, Malvern, PA 19355 (MLS# PACT2136926) is a Commercial Service property. 397 W Lancaster Avenue is currently listed for $989,000 and was received on September 29, 2026. Want to learn more about 397 W Lancaster Avenue? Do you have questions about finding other Commercial Service real estate for sale in Malvern? You can browse all Malvern real estate or contact a Coldwell Banker agent to request more information.

