Prime Commercial Land on
For Sale
$695,000
497 LANCASTER Avenue, Malvern, PA 19355
LAND - MALVERN, PA
Lot Size1.10 Acres
Days on Market131
Property Features for 497 LANCASTER Avenue
General Information
Property type
Land
Property subtype
Other
Elementary school district
GREAT VALLEY
Middle school district
GREAT VALLEY
High school district
GREAT VALLEY
Standard status
Active
Lot size
1.10 Acres
Taxes and HOA fees
Tax Annual Amount
4656
Listing Agency:
Keller Williams Realty Devon-Wayne
(610) 647-8300
Listed By:
Mark Burkert · License #RS329356
(215) 280-3903
Added: Mar 26
Changed: Jun 9
Last Checked: Aug 3 at 12:06AM
MLS# PACT2120928
Copyright © 2026 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.
Investment Insights
Based on property information with market context.
This exceptional Main Line property offers a rare opportunity to acquire or lease 1.10 acres of high-visibility commercial land. The site is strategically positioned directly on Lancaster Avenue (Route 30) in Malvern, within one of Chester County's most affluent, high-traffic corridors. The property benefits from maximum daily traffic counts and optimal brand exposure. The location is suitable for a medical or professional office building, retail strip center, convenience store, or quick-service restaurant concept integrated with EV charging infrastructure. The seller is open to both an outright purchase or a long-term land lease, offering significant transaction flexibility to institutional and private investors. An existing, fully functional, and recently vacated structure is located on-site, providing immediate utility, holding income potential, or a clean slate for rapid redevelopment.
Key Highlights
- 1.10 acres of high‑visibility commercial land on Lancaster Avenue (Route 30) in an affluent, high‑traffic area.
- Ideal for medical/professional office, retail, convenience store, or quick‑service restaurant with EV charging.
- Seller offers transaction flexibility: outright purchase or long‑term land lease.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
412
Businesses Nearby
Explore this area
Business Placement
Demographics for 19355, PA
29,273
Population
11,815
Households
2.5
Avg Household Size
41
Median Age
73%
College-Educated
97%
High-School Grad
38.3 sq mi
ZIP Area
764
Density / Sq Mi
$162,917
Median Household Income
$87,900
Median Earnings
$1,960
Median Rent
$662,200
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - High-visibility 1.10-acre commercial land on Route 30.
Where is this commercial land located?
The property is located at 497 LANCASTER Avenue Malvern, PA.
What is the asking price?
The asking price for this property is $695,000.
What are key features of this property?
This property features: 1.10 acres of high‑visibility commercial land on Lancaster Avenue (Route 30) in an affluent, high‑traffic area.; Ideal for medical/professional office, retail, convenience store, or quick‑service restaurant with EV charging.; Seller offers transaction flexibility: outright purchase or long‑term land lease.
