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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

    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.
    110 days
    |
    263
    |
    6
    |

    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#: PACT2120928MLS Logo

      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

        DateEventPrice
        3/27/2026Listed for sale$695,000+3%
        Source: Bright MLS #PACT2120928 Report a problem
        10/31/2022Listing removed$675,000
        Source: Bright MLS #PACT2020774 Report a problem
        3/22/2022Listed for sale$675,000
        Source: Bright MLS #PACT2020774 Report a problem
        3/1/2022Listing removed$675,000
        Source: Bright MLS #PACT2000309 Report a problem
        11/10/2021Price change$675,000-1.5%
        Source: Bright MLS #PACT2000309 Report a problem
        10/23/2021Listing removed--
        Source: RE/MAX International Report a problem
        10/11/2021Listed for sale$685,000+45566.7%
        Source: Bright MLS #PACT2000309 Report a problem
        10/3/2021Listed for rent$1,700-5.6%
        Source: RE/MAX International #PACT2008892 Report a problem
        1/11/2021Listing removed--
        Source: Bright MLS Report a problem
        11/3/2020Listed for rent$1,800+12.5%
        Source: RE/MAX Preferred - Malvern #PACT520026 Report a problem
        6/14/2018Listing removed$1,600
        Source: RE/MAX Fine Homes #1001518784 Report a problem
        5/18/2018Listed for rent$1,600+3.2%
        Source: RE/MAX Fine Homes #1001518784 Report a problem
        6/28/2017Listing removed$1,550
        Source: RE/MAX Fine Homes #7006760 Report a problem
        6/22/2017Listed for rent$1,550+3.3%
        Source: RE/MAX Fine Homes #7006760 Report a problem
        5/17/2016Sold$1,500
        Source: Agent Provided Report a problem
        5/17/2016Listing removed$1,500-6.3%
        Source: RE/MAX Fine Homes #6792642 Report a problem
        3/8/2016Listed for rent$1,600
        Source: BHHS Fox & Roach #6722028 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        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

        Estimated monthly payment$1,822
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: Frazer

        Getting around

        43 / 100
        Car-Dependent
        32 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        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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