Exceptional Main Line Acquisition or Land Lease Opportunity: A rare premium offering featuring 1.10 acres of high-visibility commercial land with an existing structure, strategically positioned directly on Lancaster Avenue (Route 30) within one of Chester County’s most affluent, high-traffic corridors. This versatile property commands maximum daily traffic counts and optimal brand exposure, making it an ideal location for a medical or professional office building, retail strip center, convenience store, or quick-service restaurant concept integrated with EV charging infrastructure. Institutional and private investors will appreciate the significant transaction flexibility, as the seller is open to both an outright purchase or a long-term land lease. The existing structure on-site is fully functional and recently vacated, providing immediate utility, holding income potential, or a clean slate for rapid redevelopment; interior photography and a comprehensive property dossier are available upon request.
Lot/land
$695,000
497 Lancaster Ave, Malvern, PA 19355
--beds
--baths
1.1Acres
Unimproved Land
Built in ----
1.1 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 156 days
- 239
- 5
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Mark Burkert 215-280-3903,
Keller Williams Realty Devon-Wayne 6106478300
Source: Bright MLS,MLS#: PACT2120928
Facts & features
Property
Features
- Has view: Yes
- View description: Street
- Frontage type: Road Frontage
Lot
- Size: 1.1 Acres
- Features: Suburban
Details
- Parcel number: 4203 0218
- Zoning: FRONTAGE COMMERCIAL
- Special conditions: Standard
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
HOA
- Has HOA: No
Location
- Region: Malvern
- Municipality: EAST WHITELAND TWP
Financial & listing details
- Tax assessed value: $148,860
- Annual tax amount: $4,656
- Date on market: 3/26/2026
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional
- Inclusions: Existing Home On Parcel.
- Ownership: Fee Simple
Estimated market value
Not available
Estimated sales range
Not available
$3,225/mo
Price history
| Date | Event | Price |
|---|---|---|
| 3/27/2026 | Listed for sale | $695,000+3% |
Source:  Bright MLS #PACT2120928 Report a problem | ||
| 10/31/2022 | Listing removed | $675,000 |
Source: Bright MLS #PACT2020774 Report a problem | ||
| 3/22/2022 | Listed for sale | $675,000 |
Source: Bright MLS #PACT2020774 Report a problem | ||
| 3/1/2022 | Listing removed | $675,000 |
Source: Bright MLS #PACT2000309 Report a problem | ||
| 11/10/2021 | Price change | $675,000-1.5% |
Source: Bright MLS #PACT2000309 Report a problem | ||
| 10/23/2021 | Listing removed | -- |
Source:  RE/MAX International Report a problem | ||
| 10/11/2021 | Listed for sale | $685,000+45566.7% |
Source: Bright MLS #PACT2000309 Report a problem | ||
| 10/3/2021 | Listed for rent | $1,700-5.6% |
Source: RE/MAX International #PACT2008892 Report a problem | ||
| 1/11/2021 | Listing removed | -- |
Source:  Bright MLS Report a problem | ||
| 11/3/2020 | Listed for rent | $1,800+12.5% |
Source: RE/MAX Preferred - Malvern #PACT520026 Report a problem | ||
| 6/14/2018 | Listing removed | $1,600 |
Source: RE/MAX Fine Homes #1001518784 Report a problem | ||
| 5/18/2018 | Listed for rent | $1,600+3.2% |
Source: RE/MAX Fine Homes #1001518784 Report a problem | ||
| 6/28/2017 | Listing removed | $1,550 |
Source: RE/MAX Fine Homes #7006760 Report a problem | ||
| 6/22/2017 | Listed for rent | $1,550+3.3% |
Source: RE/MAX Fine Homes #7006760 Report a problem | ||
| 5/17/2016 | Sold | $1,500 |
Source: Agent Provided Report a problem | ||
| 5/17/2016 | Listing removed | $1,500-6.3% |
Source: RE/MAX Fine Homes #6792642 Report a problem | ||
| 3/8/2016 | Listed for rent | $1,600 |
Source: BHHS Fox & Roach #6722028 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2026 | $4,656 +2.8% | $148,860 |
| 2025 | $4,530 +3.6% | $148,860 |
| 2024 | $4,371 +2.5% | $148,860 |
| 2023 | $4,266 +2.7% | $148,860 |
| 2022 | $4,156 +2% | $148,860 |
| 2021 | $4,072 +298.3% | $148,860 |
| 2020 | $1,023 -73.7% | $148,860 |
| 2019 | $3,887 +1.9% | $148,860 |
| 2018 | $3,813 +9899.7% | $148,860 |
| 2017 | $38 -98.9% | $148,860 |
| 2016 | $3,423 | $148,860 |
| 2015 | $3,423 | $148,860 |
| 2014 | $3,423 | $148,860 |
| 2013 | -- | $148,860 |
| 2012 | -- | $148,860 |
| 2011 | -- | $148,860 |
| 2010 | -- | $148,860 |
| 2009 | -- | $148,860 |
| 2008 | -- | $148,860 |
| 2007 | -- | $148,860 |
| 2006 | -- | $148,860 |
| 2005 | -- | $148,860 |
| 2004 | -- | $148,860 |
| 2003 | -- | $148,860 |
| 2000 | -- | $148,860 |
Find assessor info on the county website
Monthly payment
Climate risks
Neighborhood: Frazer
Nearby schools
Schools provided by the listing agent
- District: Great Valley
Source: Bright MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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