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Prime Commercial Land on Lancaster
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397 Lancaster Ave, Malvern, PA 19355

1.10 acres of high-visibility commercial land and building.

Property Size47,916 SF
Lot Size1.10 Acres
Price / SF$14.50
Days on Market140

Property Features for 397 Lancaster Ave

General Information

Standard status Active
Size 47,916 SF
Lot size 1.10 Acres
Property subtype Industrial, Land, Office, Retail, Self Storage
Zoning CF
Investment Type Redevelopment

Building Details

Units 1
Listing Agency: Keller Williams Realty Devon-Wayne
Listed By: Mark Burkert · License #RS329356
Source: Crexi
Added: Mar 25 Changed: Aug 8 Last Checked: Aug 10 at 9:18AM

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 Realty Devon-Wayne

Investment Insights

Based on property information with market context.

This property presents a rare opportunity to acquire 1.10 acres of commercial land and a building situated on the Main Line. The location on Lancaster Avenue (Route 30) provides significant exposure in an affluent area of Chester County. The existing structure is functional and currently occupied. The property is suitable for commercial use.

Key Highlights

  • 1.10 acres of high‑visibility commercial land on the Main Line.**
  • Located directly on Lancaster Avenue (Route 30).
  • Exceptional exposure in one of Chester County’s most affluent corridors.

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Real Estate Agency Law Firm Parking Lot & Garage Garden Center Hair Salon HVAC 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.

Location Intelligence

Trade Area within ½ mile

369
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
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Commercial land - 1.10 acres of high-visibility commercial land and building.
Where is this commercial land located?
The property is located at 397 Lancaster Ave 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 the Main Line.**; Located directly on Lancaster Avenue (Route 30).; Exceptional exposure in one of Chester County’s most affluent corridors.
(215) 280-3903 Call to check price and availability
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