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Property profile & analytics
OFF-MARKET Estimated value $520,000
Turn key restaurants

391 Lancaster Ave Malvern, PA 19355-1849

10,870 SF 0.52 ac lot Built 1918
Entity Owned 24-yr Hold ~ Est. High Equity
Property ID
US73-0742417
Property summary
AI-generated overview

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 profile
Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1918
Total area 10,870 SF
Lot 0.52 ac (22,722 SF)
Zoning code C1
APN 4204N00430000
UPID US73-0742417
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$390k
CAP Approach CAP
by Request
Comparable Approach Comparable
$652k
Blend (final) Blend
$520k
Owner & transaction history
Eadeh Family LP · 24 yrs held
Eadeh Family LP
since 2002
4 recorded transactions
2002
$225,000
2000
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
C1 · Malvern, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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