Freestanding Retail with Repair
For Sale
$1,500,000
154 Lancaster Ave, Malvern, PA 19355
Freestanding retail/mixed-use building with three front bay doors, rear bay doors, two bathrooms, and a repair bay.
Property Size4,200 SF
Days on Market167
Property Features for 154 Lancaster Ave
General Information
Standard status
Active
Size
4,200 SF
Property subtype
Big Box Retail
Additional Details
Highway Access
Yes
Drive-In Doors
5
Building Details
Building Size
4,200 SF
Year Built
1964
Listing Agency:
KW Commercial | Center City
Listed By:
Andre Watson · License #RS305752
(267) 238-5735
Source:
Thebrokerlist
Added: May 7
Changed: Oct 3
Last Checked: Oct 20 at 5:04PM
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 KW Commercial | Center City
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This offering consists of a freestanding retail/mixed-use building and site. The property includes three front bay doors and two rear bay doors, along with a rear means of egress in addition to the bay doors. Interior accommodations include two bathrooms, a display area, and a conference room/storage room, plus a dedicated repair bay.
The building is located along Route 30 as the primary artery, with easy access to the Route 202 corridor. Direct travel is available to King of Prussia to the north and West Chester to the south.
As presented, the space is configured to support both customer-facing display needs and back-of-house/operations through its bay door access and repair bay.
The building is located along Route 30 as the primary artery, with easy access to the Route 202 corridor. Direct travel is available to King of Prussia to the north and West Chester to the south.
As presented, the space is configured to support both customer-facing display needs and back-of-house/operations through its bay door access and repair bay.
Key Highlights
- Freestanding retail/mixed‑use building built in 1964 along Route 30
- Sale or lease opportunity with easy access to the Route 202 corridor
- Includes 3 front bay doors and 2 rear bay doors
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$47,469
Cap Rate
3.16%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$949,380
$949.4K
Cap Rate 7%
$678,129
$678.1K
Cap Rate 9%
$527,433
$527.4K
Market Conditions
NOI Build-Up for 4,200 SF
Gross rent
$75.6K $18.00/SF
− Vacancy
−$7.8K −$1.85/SF
EGI
$67.8K $16.15/SF
− OpEx
−$20.3K −$4.84/SF
NOI
$47.5K $11.30/SF
Area
Chester County, PA
Vacancy
10.30%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$949,380
Cap Rate 7%
$678,129
Cap Rate 9%
$527,433
Alternative Uses
Best Use
Retail
$678.1K
$593.4K – $791.2K
NOI $47,469 @ 7.0% cap · market cap 3.16%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.27M
$1.11M – $1.49M
NOI $89,138 @ 7.0% cap · market cap 5.94%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Lease Details
5
Drive-in doors
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
536
Businesses Nearby
15k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Wawa
Shops & Services
14,899 visits/mo
0.4 miles
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Northeast region
Frequently Asked Questions
What type of property is this?
Retail space - Freestanding retail/mixed-use building with three front bay doors, rear bay doors, two bathrooms, and a repair bay.
Where is this retail space located?
The property is located at 154 Lancaster Ave Malvern, PA.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: Freestanding retail/mixed‑use building built in 1964 along Route 30; Sale or lease opportunity with easy access to the Route 202 corridor; Includes 3 front bay doors and 2 rear bay doors
