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Multi-Story Office Building with Parking
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116 E KING STREET, Malvern, PA 19355

Three floors are currently leased as offices, with private off-street parking in a rear lot.

Property Size3,736 SF
Price / SF$0.78
Days on Market148

Property Features for 116 E KING STREET

General Information

Standard status Active
Size 3,736 SF
Total Parking Spaces 10
Property subtype Commercial
Zoning C3
Occupancy 100%

Amenities

hardwood floors
Verizon FIOS
2 zone alarm system

Building Details

Year Built 1870
Stories 3
Tenancy Single
Listing Agency: Keller Williams Real Estate -Exton
Listed By: Meghan E McGarrigle · License #RS315833
Source: Cummingsrealtors
Added: Apr 11 Changed: Sep 4 Last Checked: Sep 5 at 6:38AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams Real Estate -Exton

Investment Insights

Based on property information with market context.

This turn-key commercial office building in Malvern Borough features three tenant-occupied floors, all configured for office use with hardwood floors in several office areas. The property is set up to operate as a two-tenant building if needed, with a private entrance to the 2nd and 3rd floors that is separate from the first floor. Verizon commercial FIOS service is available, and the building has a two-zone alarm system.

Private off-street parking is located directly behind the building with 10 parking spaces in the rear lot. The building is located on E King Street between Bridge and Channing, and is within walking distance of SEPTA R-5 Malvern Station and several local businesses including Flying Pig, Christopher’s, Alba, and WAWA.

The building is zoned C3 for office, retail, and other allowable uses, with the lease currently in place with approximately 3.5 years remaining. Tenant responsibilities include rent plus utilities, trash, and snow, while the owner pays real estate taxes and landscaping. Please schedule an appointment prior to visiting the property.

Key Highlights

  • Three‑story commercial building in Malvern Borough currently leased as offices by 1 tenant.
  • Rear private off‑street parking lot with 10 parking spaces.
  • Lease in place with approximately 3.5 years remaining.

Property Analytics

Current Use

Office buildings

Suggested Use

Top Pick HVAC Service Barber Shop (Bike/Boat/Book/etc) Store Auto Parts Store Butcher Pet Grooming Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

100%
Occupancy
Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

716
Businesses Nearby

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

Market

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
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Frequently Asked Questions

What type of property is this?
Office building - Three floors are currently leased as offices, with private off-street parking in a rear lot.
Where is this office building located?
The property is located at 116 E KING STREET Malvern, PA.
What are key features of this property?
This property features: Three‑story commercial building in Malvern Borough currently leased as offices by 1 tenant.; Rear private off‑street parking lot with 10 parking spaces.; Lease in place with approximately 3.5 years remaining.
More about this property
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