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$640,000
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Property Description
19 Lancaster Avenue, Units 2 & 3, a fully leased, income-producing office condominium investment located in the heart of Malvern, PA along the Route 30 corridor. Totaling approximately 4,125 square feet, the space is occupied by Resources for Human Development (RHD), a national nonprofit human services organization, through March 2029. Positioned on a highly visible stretch of Lancaster Avenue with 155 feet of frontage, this two-unit asset offers investors stable cash flow, minimal landlord responsibilities, and strong physical attributes including ADA accessibility, elevator service, full sprinkler coverage, and 20+ parking spaces. With only one other owner in the building (State Farm), this is a rare opportunity to acquire a majority interest in a modern, well-located office condominium property. The surrounding area is experiencing notable growth, with The Yards at Malvern, a luxury apartment complex recently delivered across Lancaster Ave and Penn Crest, a mixed-use project with 60+ apartments and ground-floor retail, set to break ground nearby. The property also benefits from immediate proximity to major daily-needs retailers, including Wawa, and established commercial neighbors that further strengthen tenant retention.
Full Property Details
Full Property Details for 519 Lancaster Ave #2 & 3
General
- Sold For: $640,000
- Taxes: $10,245 (2017)
- Status: Closed
- Type: Office
- Source: BrightMLSPhilly
- MLS ID: PACT2096772
- Added to Site: 300 day(s) ago
Business
- Business Type: Professional
Interior
- Flooring: Tile/Brick, Carpet
Parking
- Total Spaces: 20
- Parking Type: Parking Lot
Location
- Area: East Whiteland Twp (10342)
- Municipality: EAST WHITELAND TWP
- County: Chester
- Development Name: None Available
- Subdivision: None Available
- Building Name: 519 LANCASTER AVE CONDOS
- Cross Streets: Planebrook Rd
- Driving Directions: GPS
- Location Details: Suburban
Heating & Cooling
- Central air: Yes
- Cooling Type: Central A/C
- Cooling Fuel: Electric
- Heating Type: Central
- Heating Fuel: Natural Gas, Electric
- Water Heater: Electric
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Water Available, Sewer Available, Natural Gas Available, Electric Available, Phone
Structural Information
- Construction: Brick, Block, Masonry, Stone, Stucco, Glass, CPVC/PVC, Copper Plumbing
- Foundation: Concrete Perimeter
- Roof: Pitched, Asbestos Shingle
- Entry Floor Number: 1
- Elevator(s ): 1
- Stories/Levels: 2
- Year Built: 2009
- Year Built Source: Estimated
- Property Condition: Excellent
Unit Information
- # Tenants: Multiple
Lot Features
- Frontage Feet: 155
- Lot Features: Corner, Landscaping, Road Frontage
- Zoning: FC
- Lot Description: Corner, Landscaping, Road Frontage
Financial Considerations
- Price Per Sq. Ft.: $131.82
- Operating Expenses: $41,864
- Tax w/Assessment: $399,980
- Tax Amount: $10,245
- Tax Year: 2017
Disclosures and Reports
- Ownership: Condominium
- Investment: Yes
- Lot Number: 6.03
Listed by KW Commercial, Beau McGettigan and Keller Williams Real Estate -Exton, Jasmine Carroll
Sold by BY Real Estate, zhibin xu
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Schools
Schools serving 519 Lancaster Ave #2 & 3
School District:Great Valley School District
| Name | Grades | Distance |
|---|---|---|
Sugartown El School 611 Sugartown Road, Malvern, PA 19355 | K-5 | 2.9 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 Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 519 Lancaster Ave #2 & 3
Date
Details
Price
Change
Source
7/18/2025
Sold
$640,000
-11.72%
MLS
4/27/2025
Listed
$725,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
519 Lancaster Avenue #2 & 3, Malvern, PA 19355 (MLS# PACT2096772) is a Office property that was sold at $640,000 on July 18, 2025. Want to learn more about 519 Lancaster Avenue #2 & 3? Do you have questions about finding other Office real estate for sale in Malvern? You can browse all Malvern real estate or contact a Coldwell Banker agent to request more information.

