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Commercial Land with Existing Structure
For Sale
$695,000

497 LANCASTER Avenue, Malvern, PA 19355

Land, MALVERN, PA

Property SizeContact for details
Lot Size1.10 Acres
Days on Market160

Property Features for 497 LANCASTER Avenue

General Information

Property type Land
Property subtype Other
Elementary school district GREAT VALLEY
Middle school district GREAT VALLEY
High school district GREAT VALLEY
Standard status Active
Lot size 1.10 Acres

Taxes and HOA fees

Tax Annual Amount 4656
Listing Agency: Keller Williams Realty Devon-Wayne
Listed By: Mark Burkert · License #RS329356
Added: Mar 26 Changed: Aug 19 Last Checked: Sep 1 at 4:06AM
MLS# PACT2120928

Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 1.10-acre commercial land parcel includes an existing structure that was recently vacated. The building is described as functional, providing an existing improvement on the site alongside the underlying land. The property may support continued occupancy, redevelopment, or a land-lease strategy, subject to applicable approvals.

The parcel is positioned along Lancaster Avenue, also identified as Route 30, in Malvern, Pennsylvania. Its Chester County setting and direct roadway position provide a defined commercial context. Potential concepts identified for the site include medical or professional office space, retail, a convenience store, a quick-service restaurant, and EV charging infrastructure. The property is offered for sale.

Key Highlights

  • 1.10‑acre commercial land parcel
  • Frontage on Lancaster Avenue, also identified as Route 30
  • Existing structure included with the land

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Law Firm Real Estate Agency (Bike/Boat/Book/etc) Store HVAC Service Parking Lot & Garage Hair Salon

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

Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

412
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
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 - Commercial parcel fronts Lancaster Avenue and includes an existing structure suitable for continued use or redevelopment.
Where is this commercial land located?
The property is located at 497 LANCASTER Avenue 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‑acre commercial land parcel; Frontage on Lancaster Avenue, also identified as Route 30; Existing structure included with the land
More about this property
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