154 Lancaster AveMalvern, PA 19355
- Turn key restaurants
- 4,200 SF
Property Details for 154 Lancaster Ave
- Year built
- 1964
- Lot size
- 0.68 AC
- Property size (Sq ft)
- 4,200 SF
- Zone code
- C4
- Property type
- Turn key restaurants
- APN
- 4204 03220500
- APU
- 420403220500
Description
This exceptional commercial property located at 154 Lancaster Avenue in Malvern, Pennsylvania, 19355 presents a unique investment opportunity. The property encompasses a substantial 29,800 square foot lot and features a 4,200 square foot retail building. Ideal for a single tenant, this property offers significant potential for a variety of retail businesses. Its convenient location in Malvern provides excellent visibility and accessibility, ensuring high foot traffic and customer reach. The property's size and layout offer ample space for both retail operations and potential expansion. The single-tenant occupancy simplifies management and provides a stable income stream. This property is situated at 40.0414409 latitude and -75.53536 longitude. The property type is classified as Retail and Land, with a commercial subtype and single tenancy. This presents a rare opportunity to acquire a well-positioned retail space in a thriving Pennsylvania community. Serious inquiries are encouraged to explore the possibilities this property offers. The property is zoned for commercial use. Further details regarding zoning regulations and potential development opportunities are available upon request. This is a turnkey opportunity for an investor seeking a stable, high-potential retail investment in a desirable location.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $1,312,040
- 6.5%
- $1,211,110
- 7%
- $1,124,600
-
Comparable approach
- Method
- Valuation
- Relative Method
- $599,249
- Geo Method
- $570,723
-
Alternative Use
- Use
- Valuation
- Industrial / Distribution
- $2,346,230
- Mixed-Use / Specialty
- $1,213,080
- Hospitality / Lodging
- $898,178
- Office
- $1,212,420
- Institutional / Educational
- $1,263,360
- Residential Income
- $1,478,130
- Multifamily
- $1,737,950
- Automotive / Energy
- $1,082,880
- Parking / Income-Based Land
- $367,479
- Restaurant / Food Service
- $644,343
- Healthcare / Senior Housing
- $1,237,540
Location Insight
- City
- Malvern
- County
- Chester
- State
- Pennsylvania
- Latitude
- 40.0415
- Longitude
- -75.5355
- CBSA code
- 37980
- CBSA name
- PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
- How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
- Please email our support team at [email protected] and they will add the team member.
- How do I access a private listing?
- Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
- How can I contact the broker?
- We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
- How do I unsubscribe from emails?
- At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].