Date
Details
Price
Change
Source
3/26/2026
Listed
$695,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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1/10
$695,000 Just Listed
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Property Description
A rare opportunity to acquire 1.10 acres of high-visibility commercial land and building on the prestigious Main Line. Located directly on Lancaster Avenue (Route 30), this property offers exceptional exposure in one of Chester County's most affluent corridors. High traffic counts! Seller is open to a land lease as well. Existing house is fully functional and currently occupied.
Full Property Details
Full Property Details for 497 Lancaster Ave
General
- Price: $695,000
- Taxes: $4,656 (2025)
- Status: Active
- Type: Apartment
- Source: BrightMLSPhilly
- MLS ID: PACT2120360
- Updated: 3/26/2026
- Added to Site: 1 day(s) ago
Business
- Business Type: Auto Related, Apartment Building, Bowling Alley, Car
Parking
- Parking Type: Driveway
Location
- Area: East Whiteland Twp (10342)
- Municipality: EAST WHITELAND TWP
- County: CHESTER
- Driving Directions: On Lancaster Ave between Frazer and Malvern.
- Location Details: Business District
Heating & Cooling
- Cooling Type: None
- Heating Type: Hot Water
- Heating Fuel: Oil
- Water Heater: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Construction: Asbestos
- Year Built: 1920
- Year Built Source: Assessor
Unit Information
- # Tenants: Multiple
Lot Features
- Property View: Street
- Lot Size (Acres): 1.1
- Lot Size (Sq. Ft.): 47,916
- Lot Size Source: Assessor
- Zoning: FRONTAGE COMMERCIAL
- Lot Description: Road Frontage
Financial Considerations
- Assessment Year: 2025
- School Tax: $3,754
- City/TownTax: $133
- City/TownTax Freq: Annually
- County Tax: $769
- County Tax Freq: Annually
- Tax w/Assessment: $148,860
- Tax Amount: $4,656
- Tax Year: 2025
Disclosures and Reports
- Ownership: Fee Simple
- Inclusions: Existing home on parcel.
- Lot Number: 218
Listed by Keller Williams Realty Devon-Wayne, Mark Burkert
We Value Your Privacy
We Value Your Privacy
We Value Your Privacy
Listing agent
— 497 Lancaster Ave —
Mark Burkert
Keller Williams Realty Devon-Wayne
Listing Office Email: klrw894@kw.com
NMLS#: 1598647Get Pre-Approved Today
Schools
Schools serving 497 Lancaster Ave
School District:Great Valley School District
| Name | Grades | Distance |
|---|---|---|
Sugartown El School 611 Sugartown Road, Malvern, PA 19355 | K-5 | 2.8 mi |
Great Valley Middle School 255 Phoenixville Pike, Malvern, PA 19355 | 6-8 | 1.6 mi |
Great Valley High School 225 Phoenixville Pike, Malvern, PA 19355 | 9-12 | 1.5 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 497 Lancaster Ave
Tax History
Tax History for 497 Lancaster Ave
Year
Property Taxes
Change
Tax Assessment
Change
2026
$4,656
3%
$148,860
—
2025
$4,530
6%
$148,860
—
2024
$4,266
8%
$148,860
—
2023
$3,952
—
$148,860
—
2022
$3,952
2%
$148,860
—
2020
$3,887
-1%
$148,860
—
2020
$3,925
1%
$148,860
—
2019
$3,887
2%
$148,860
—
2018
$3,813
—
$148,860
—
2017
$3,813
4%
$148,860
—
2016
$3,663
—
$148,860
—
2015
$3,663
2%
$148,860
—
2014
$3,602
—
$148,860
—
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 497 Lancaster Ave
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- Condo
- Active
- Updated 3 hours ago
- 2Beds
- 2Total Baths
- 864Sq. Ft.
- Single Family
- Active
- Updated 2 days ago
- 4Beds
- 2Total Baths
- 1,280Sq. Ft.
- Single Family
- Active
- Updated 3 hours ago
- 4Beds
- 3Total Baths
- 2,400Sq. Ft.
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- Condo
- Active
- Updated 1 day ago
- 1Bed
- 1Total Bath
- 875Sq. Ft.
- Single Family
- Active
- Updated 1 day ago
- 4Beds
- 4Total Baths
- 3,664Sq. Ft.
- Condo
- Active
- Updated 15 hours ago
- 3Beds
- 3Total Baths
- 1,884Sq. Ft.
Listed by Olivia Soares (904) 316-0090
497 Lancaster Avenue, Malvern, PA 19355 (MLS# PACT2120360) is a Apartment property. 497 Lancaster Avenue is currently listed for $695,000 and was received on March 26, 2026. Want to learn more about 497 Lancaster Avenue? Do you have questions about finding other Apartment real estate for sale in Malvern? You can browse all Malvern real estate or contact a Coldwell Banker agent to request more information.