Malvern Commercial Property with HB
514 E KING ROAD, Malvern, PA 19355
- Added:
- Sep 11, 2025
- Days on Market:
- 249
- Last Refresh:
- May 17 at 11:06 am
Property Features for 514 E KING ROAD
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Standard status
- Pending
- Size
- 7,456 SF
- Lot size
- 1.30 Acres
Taxes and HOA fees
- Tax Annual Amount
- 13618
Utilities
- Heating system
- Forced Air
- Cooling system
- Central Air
Building Details
- Year built
- 1988
- Number of units
- 1
- Architectural style
- Other
Listing agent Michele Endrich (302) 690-4279
Listing office BHHS Fox & Roach Hockessin-Pike Creek Home Marketing 88 Lantana Drive, PA (302) 999-9999
Listing date Sep 11, 2025
MLS# PACT2107630
Listing URL
Copyright © 2026 Berkshire Hathaway HomeServices Fox & Roach, Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Highway Business (HB) zoning allows for a wide variety of commercial uses.
- Convenient location with easy access to Rt 202, Rt 30, Rt 100, the Pennsylvania Turnpike, and the Blue Route.
- Large parking lot, with zoning regulations allowing for a motor vehicle parking lot.
- First floor open space offers flexible conversion possibilities for retail, storage, or individual bays.
- Second floor provides existing office space with both open areas and private offices.
- Tanks have been recently removed from the property, which was formerly a car wash and gas station.
Overview
Located on King Street in Malvern, this property resides within an HB- Highway Business District, offering a range of potential uses, including retail on the first floor and apartments on the second. Previously a car wash and gas station, the tanks have been removed. The property is believed to have phase 3 electric. The first floor features a large open space suitable for conversion into various uses. The HB district allows for a wide variety of opportunities. The second floor provides office space, including an open area and several private offices. The 7,456 square-foot property sits on a 1.3-acre lot. The first floor could be converted into a more in-demand space, such as individual bays or a storage area. This property is suitable for a contractor or as a showroom with office space on the second floor. A large parking lot is available. Zoning regulations permit a motor vehicle parking lot. Mixed-use development is allowed. The location is convenient to Route 202, Route 30, Route 100, the Turnpike, and the Blue Route.
Financial Insights
Value Estimation Calculated for Mixed Use
Conservative
$1.27M
NOI $114,270 @ 9.00% cap · cautious / downside scenario
Moderate
$1.63M
NOI $114,270 @ 7.00% cap · market / base-case scenario
Aggressive
$2.29M
NOI $114,270 @ 5.00% cap · optimistic / upside scenario
NOI & Cap Rate Calculator
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
Calculated for Mixed Use
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $213.8k | $28.68 |
| − Vacancy | −$31.0k | −$4.16 |
| EGI | $182.8k | $24.52 |
| − OpEx | −$68.6k | −$9.20 |
| NOI | $114.3k | $15.33 |
7,456 SF · lease $28.68/SF/yr · vacancy 14.50% · expense 37.50%
Alternative Use Scenarios
Best Use
Mixed Use
$1.63M
$1.43M – $1.90M
NOI $114,270 @ 7.0% cap · market cap 8.19%
Second Best
Retail
$1.20M
$1.05M – $1.40M
NOI $84,269 @ 7.0% cap · market cap 6.04%
Theoretical Best
Office A
$2.26M
$1.98M – $2.64M
NOI $158,241 @ 7.0% cap · market cap 11.34%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Automotive properties
Similar Places Nearby
- JBE Auto Rentals — 68 Summit Rd, Malvern, PA 19355
- U-Haul Neighborhood Dealer — 228 Lancaster Ave, Malvern, PA 19355
Location Insight
- Map
- Local Demand
- City
- Malvern
- County
- Chester
- State
- Pennsylvania
- Longitude
- -75.499029
- Latitude
- 40.040856
Nearby Similar for Sale
FAQs
What type of property is this?
Automotive property - Highway Business District property with versatile mixed-use potential in Malvern.
Where is this automotive property located?
The property is located at 514 E KING ROAD Malvern, PA.
What is the asking price?
The asking price for this property is $1,395,000.
What are key features of this property?
This property features: Highway Business (HB) zoning allows for a wide variety of commercial uses.; Convenient location with easy access to Rt 202, Rt 30, Rt 100, the Pennsylvania Turnpike, and the Blue Route.; Large parking lot, with zoning regulations allowing for a motor vehicle parking lot.
