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    391 Lancaster Ave Malvern, PA 19355

    For Lease
    $18 SF/Yr

    Prime Malvern location, flexible office space.

    Lot size:
    2,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    Located in the thriving Frazer/Malvern area of Chester County, Pennsylvania, Frazer Ridge Shops and Offices offers exceptional office space for lease. This professional retail and office building sits on heavily traveled Lancaster Avenue, ensuring high visibility and accessibility. The property features a total of 35 parking spaces for tenant and visitor convenience. Currently, there is 3,150 square feet of vacant space available, divisible into units as small as 550 square feet and up to a contiguous 3,500 square feet, making it ideal for a variety of businesses. The building's prime location offers easy access to Route 202, as well as a wealth of nearby amenities including restaurants and shopping, providing convenience for employees and clients alike. The address is 391 Lancaster Avenue, Malvern, PA 19355. This is a multi-tenant building offering flexible lease terms and a strategic location for businesses seeking a prominent presence in the Chester County market. The property is categorized as Retail and Office, specifically Executive Office, Storefront, and Office space. This presents a unique opportunity to establish a business in a high-traffic area with excellent visibility and ample parking. Inquire today to learn more about leasing options and secure your ideal office space.

    Property Features for 391 Lancaster Ave

    General Information

    Property type
    Individual retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    2,000 SF

    Unit(s) available at that property

    Space
    391
    Size
    2,000 SF
    Rate per SF
    $18

    HighLights

    • 3,150 square feet of available office space in Malvern, PA, divisible to 550 sq ft.
    • High‑visibility location on heavily traveled Lancaster Avenue.
    • 35 parking spaces.
    • Easy access to Route 202 and nearby amenities.
    • Flexible lease terms available in a multi‑tenant building.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Malvern
    County
    Chester
    State
    Pennsylvania
    Longitude
    -75.5560299
    Latitude
    40.0382675

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    FAQs

    What type of property is this?
    Individual retail property - Prime Malvern location, flexible office space.
    Where is this individual retail property located?
    The property is located at 391 Lancaster Ave Malvern, PA.
    What is the lease rate?
    The lease rate is $18 SF/Yr.
    What are key features of this property?
    This property features: 3,150 square feet of available office space in Malvern, PA, divisible to 550 sq ft.; High-visibility location on heavily traveled Lancaster Avenue.; 35 parking spaces.
    Request Owner's contact information
    391 Lancaster Ave Malvern, PA 19355
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    Malvern, PA 19355
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    391 Lancaster Ave Malvern, PA 19355
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