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Renovated Retail or Office Space
For Lease
$48,250

351 Lancaster Ave, Malvern, PA 19355

Renovated storefront/office offers new entry doors, electrical service, water service, HVAC, roof, and windows.

Space SizeContact for details
Property Size4,352 SF
Days on Market16

Property Features for 351 Lancaster Ave

General Information

Standard status Active
Size 4,352 SF

Building Details

Year Built 1953
Listing Agency: Herbert Yentis & Company-Philadelphia
Listed By: Daniel Leider · License #AB-044057-A
Source: Kandorre
Added: Jul 20 Changed: Jul 21 Last Checked: Aug 4 at 9:28AM

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 Herbert Yentis & Company-Philadelphia

Investment Insights

Based on property information with market context.

This newly renovated 1,930+/- square foot store or office is set up with a new double front door and updated building systems throughout. Improvements include a new 200 amp electrical service, new 3/4" water service with a separate meter, and a new Dalkin rooftop 5 ton gas furnace with central air. The property also features a new 20-year roof and new windows.

The space is positioned for strong visibility on Route 30 and provides easy access to Routes 202, 352, 29, and 401. It is close to shopping and residential.

CAM is to be determined, and the rent is listed as $25/sf.

Key Highlights

  • Newly renovated 1,930+/- SF store or office with new double front door
  • Upgrades include new 200 amp electrical service and new 3/4" water service with separate meter
  • New Dalkin rooftop 5 ton gas furnace with central air

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick Parking Lot & Garage Law Firm Cafe & Coffee Shop Hair Salon (Bike/Boat/Book/etc) Store Carpet & Flooring Store

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

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

448
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 units - Renovated storefront/office offers new entry doors, electrical service, water service, HVAC, roof, and windows.
Where is this office units located?
The property is located at 351 Lancaster Ave Malvern, PA.
What is the lease rate?
The lease rate is $48,250.
What are key features of this property?
This property features: Newly renovated 1,930+/- SF store or office with new double front door; Upgrades include new 200 amp electrical service and new 3/4" water service with separate meter; New Dalkin rooftop 5 ton gas furnace with central air
More about this property
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