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$1,200,000
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Property Description
Hb- Highway Business District located on King St in Malvern. Many uses are available. Including the possibility of retail on the first floor and apartments on the second. The property was a car wash and gas station. Tanks have recently been removed. Believed to have phase 3 electric. The first floor has a lot of open space which could be converted into many possible uses. HB district allows for a wide variety of opportunities. The second floor consists of great office space. Including an open area and a number of private offices. 1st Floor could easily be converted into a more in-demand space. The new owner could convert the open area into individual bays or a storage area. Great for a contractor or as a showroom with office space on the 2nd floor. Large parking lot. Zoning regulations allow for a motor vehicle parking lot. Mixed-use development. If you are looking for any commercial space in the Malvern area, HB zoning regulations can offer many options. Convenient to Rt 202, Rt 30, Rt 100, Turnpike and Blue Route
Full Property Details
Full Property Details for 514 E King Rd
General
- Sold For: $1,200,000
- Taxes: $15,669 (2023)
- Status: Closed
- Type: Retail
- Source: BrightMLSPhilly
- MLS ID: PACT2036992
- Added to Site: 1, 166 day(s) ago
Business
- Business Type: Auto Related, Car Wash/Truck Wash, Convenience Store
Parking
- Total Spaces: 32
- Parking Type: Parking Lot, Public Garage
Location
- Area: Willistown Twp (10354)
- Municipality: WILLISTOWN TWP
- County: Chester
- Driving Directions: RT 30 East Right on King after the railroad bridge. West through Malvern on right before Lancaster Ave
Heating & Cooling
- Central air: Yes
- Cooling Type: Central A/C
- Cooling Fuel: Natural Gas
- Heating Type: Forced Air
- Heating Fuel: Natural Gas
- Water Heater: Electric
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Electric Available, Natural Gas Available
Structural Information
- Construction: Concrete
- Drive-In Doors: 2
- Stories/Levels: 0
- Year Built: 1988
- Year Built Source: Assessor
Unit Information
- # Tenants: Multiple
Lot Features
- Lot Size (Acres): 1.3
- Lot Size (Sq. Ft.): 56,628
- Lot Size Source: Assessor
- Lot Dimensions: 0.00 x 0.00
- Zoning: HB- HIGHWAY BUSINESS DIST
Financial Considerations
- Price Per Sq. Ft.: $201.18
- Assessment Year: 2023
- School Tax: $12,941
- City/TownTax: $158
- City/TownTax Freq: Annually
- County Tax: $2,570
- County Tax Freq: Annually
- Tax w/Assessment: $564,630
- Tax Amount: $15,669
- Tax Year: 2023
Disclosures and Reports
- Ownership: Fee Simple
- Lot Number: 183
Listed and Sold by RE/MAX Action Associates, James Wagner and RE/MAX Action Associates, David J Thomas
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Schools
Schools serving 514 E King Rd
School District:Great Valley School District
| Name | Grades | Distance |
|---|---|---|
General Wayne El School 20 Devon Road, Malvern, PA 19355 | K-5 | 0.8 mi |
Great Valley Middle School 255 Phoenixville Pike, Malvern, PA 19355 | 6-8 | 3.8 mi |
Great Valley High School 225 Phoenixville Pike, Malvern, PA 19355 | 9-12 | 3.8 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 514 E King Rd
Date
Details
Price
Change
Source
7/25/2024
Sold
$1,200,000
-20%
MLS
12/01/2022
Listed
$1,500,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
514 E King Road, Malvern, PA 19355 (MLS# PACT2036992) is a Retail property that was sold at $1,200,000 on July 25, 2024. Want to learn more about 514 E King Road? 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.

