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Redeveloped Atrium Office Building
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40 Lloyd Avenue, Malvern, PA 19355

Two-story office property with updated building systems, common areas, restrooms, and paved parking.

Property Size52,407 SF
Price / SF$0.00
Days on Market4

Property Features for 40 Lloyd Avenue

General Information

Standard status Active
Size 52,407 SF
Class Class A
Total Parking Spaces 189
Property subtype Commercial
Zoning R-3
Lease Term Negotiable

Amenities

atrium lobby
views
Carpet,Concrete,Tile/Brick
Electric
Yes
5
N
Backs to Trees,Backs - Parkland,Backs - Open Common Area,Cleared,Corner,Front Yard,Landscaping,Level,Open,Partly Wooded,Rear Yard,Road Frontage,SideYard(s)
Public
C65
0.00 x 0.00
4.10
No
Estimated
Parking Lot
Lighted Parking,Handicap Parking,Paved Parking
Access - On Grade,Black Top
189
Block,Concrete Perimeter,Slab,Stone
52407.00
Assessor
Boro/Township

Building Details

Year Built 1923
Buildings 1
Listing Agency: Keller Williams - Main Street
Listed By: Francis Brennan
Source: Thetristaterealestategroup
Added: Sep 14 Changed: Sep 17 Last Checked: Sep 16 at 3:18PM

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 - Main Street

Investment Insights

Based on property information with market context.

Located at 40 Lloyd Avenue in Malvern, Pennsylvania, this office building contains 52,407 square feet across a two-story configuration. Originally completed in 1923 as an elementary school, the property transitioned to office use in 1983 and includes a two-story atrium lobby.

Recent redevelopment work replaced the windows, roof, parking lots, HVAC, common areas, and restrooms. The 4.10-acre property has 189 paved parking spaces, including lighted and handicap parking, with on-grade access. Site features include a level layout, landscaping, open areas, and partial woodland. The property is zoned R-3.

Key Highlights

  • 52,407‑square‑foot office building on 4.10 acres
  • Two‑story atrium lobby
  • 189 paved parking spaces with lighted and handicap parking

Property Analytics

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Current Use

Office buildings

Suggested Use

Top Pick Grocery & Convenience Store Bakery Locksmith (Bike/Boat/Book/etc) Store Storage Facility Food Market

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

1,382
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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 - Two-story office property with updated building systems, common areas, restrooms, and paved parking.
Where is this office building located?
The property is located at 40 Lloyd Avenue Malvern, PA.
What are key features of this property?
This property features: 52,407‑square‑foot office building on 4.10 acres; Two‑story atrium lobby; 189 paved parking spaces with lighted and handicap parking
More about this property
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