Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    351 Lancaster Ave Malvern, PA 19355

    Sponsored
    Picture of Retail space at Lancaster Ave 351, Malvern, PA
    For Lease
    $48,250

    CommercialLease - MALVERN, PA

    Type:Retail
    Lot size:
    0.53 Acres
    Days on Market:
    36
    Last Refresh:
    Jan 26 at 3:06 pm

    Property Features for 351 Lancaster Ave

    General Information

    Property type
    Other
    Property subtype
    Retail
    Standard status
    Active
    Parking
    15
    Parking features
    Parking Lot
    Lot size
    0.53 Acres

    Utilities

    Heating system
    Forced Air
    Cooling system
    Central Air

    Building Details

    Year built
    1953
    Building materials
    Brick, Frame, Masonry

    We can help!

    Listing Contact
    Daniel Leider

    Herbert Yentis & Company, Inc. (215) 878-7300

    Listing agent Daniel Leider (215) 878-7300 License #AB-044057-A

    Listing date Dec 22, 2025

    MLS# PACT2114232

    Copyright © 2025 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Renovated Store or Office Space

    This newly renovated commercial space in Malvern, PA, offers 1,930+/- square feet suitable for a store or office. The property features a new double front door, a new 200 amp electrical service, and a new 3/4" water service with a separate meter. Climate control is provided by a new Dalkin rooftop 5-ton gas furnace and central air conditioning system. The building has a new 20-year roof and new windows. Situated on a 0.53-acre lot, the property offers excellent visibility on Route 30 and easy access to Routes 202, 352, 29, and 401. The location is close to shopping and residential areas. The space is awaiting a new business. The rent is $25 per square foot, and CAM is to be determined.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Hair Salon Dental Office Clothing Store Nail Salon Food Market Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Malvern
    County
    Chester
    State
    Pennsylvania
    Longitude
    -75.55247498
    Latitude
    40.03900146

    Nearby Similar for Lease

    • $2,100 /Mo

      Malvern Office Space For Lease

      First floor office space in Malvern with prime visibility.
      270 W Lancaster Ave, Malvern, PA 19355
      View Details
    • $100 SF/Yr

      Flexible Office Space Available

      Virtual and private offices with flexible, short-term leases.
      5 Great Valley Pkwy, Malvern, PA 19355
      View Details
    • Contact for pricing
      14,798 SF

      Great Valley HQ Location

      Amazing location walkable to amenities and with easy highway access.
      55 Valley Stream Pkwy, Malvern, PA 19355
      View Details
    • Contact for pricing
      21,266 SF

      Malvern Office Space For Rent

      Office building near amenities and transportation in Malvern, PA.
      7 Great Valley Pkwy, Malvern, PA 19355
      View Details
    • Contact for pricing
      8,688 SF

      Amenitized Office Space For Rent

      Well-appointed office space with fitness center and convenient location.
      3 Country View Rd, Malvern, PA 19355
      View Details
    • Contact for pricing
      29,138 SF

      Malvern Office Space for Rent

      Office space with lake views, high ceilings, and amenities.
      1200 Atwater Dr, Malvern, PA 19355
      View Details
    • Contact for pricing
      21,370 SF

      Charlestown Village Retail Space

      Malvern, PA storefront opportunity.
      29 & General Warren Blvd, Malvern, PA 19355
      View Details
    • Contact for pricing
      8,038 SF

      Elegant Office Space in Malvern

      Three-story atrium lobby, walkable amenities, and easy highway access.
      5 Great Valley Pkwy, Malvern, PA 19355
      View Details
    • $20 SF/Yr
      21,450 SF

      Malvern Office Space: Two Suites Available

      Class A Office Suites in Malvern, PA
      110 Phoenixville Pike, Malvern, PA 19355
      View Details
    • Contact for pricing
      89,026 SF

      Malvern Warehouse and Distribution Space

      Spacious industrial property suitable for warehouse, distribution, and manufacturing.
      14 Lee Blvd, Malvern, PA 19355
      View Details
    • $18 SF/Yr
      2,000 SF

      Frazer Office Suites Available

      Prime Malvern location, flexible office space.
      391 Lancaster Ave, Malvern, PA 19355
      View Details
    • Contact for pricing
      1,920 SF

      Malvern Executive Office Suite

      1,920 SF Office Condo, Ample Parking
      647 Swedesford Rd, Malvern, PA 19355
      View Details

    FAQs

    What type of property is this?
    Retail space - Newly renovated store or office space with excellent visibility.
    Where is this retail space located?
    The property is located at 351 Lancaster Ave Malvern, PA.
    What are key features of this property?
    This property features: - Newly renovated 1,930 sq ft store/office space.; - Excellent visibility on Route 30.; - New HVAC, roof, windows, electrical, and water service.
    (215) 878-7300
    Request Owner's contact information
    351 Lancaster Ave Malvern, PA 19355
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    351 Lancaster Ave
    Malvern, PA 19355
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    351 Lancaster Ave Malvern, PA 19355
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Daniel Leider
    Real Estate License ID: AB-044057-A
    (215) 878-7300
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.