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514 E King Rd 7,456 SF Vacant Retail Building Malvern, PA 19355 $1,947,308 CAD ($261.17 CAD/SF)
EXECUTIVE SUMMARY
Hb- Highway Business District located on King St in Malvern. Many uses are available. Including the possibility of retail on the first floor and apartments on the second. The property was a car wash and gas station. Tanks have recently been removed. Believed to have phase 3 electric. The first floor has a lot of open space which could be converted into many possible uses. HB district allows for a wide variety of opportunities. The second floor consists of great office space. Including an open area and a number of private offices. 1st Floor could easily be converted into a more in-demand space. The new owner could convert the open area into individual bays or a storage area. Great for a contractor or as a showroom with office space on the 2nd floor. Large parking lot. Zoning regulations allow for a motor vehicle parking lot. Mixed-use development. If you are looking for any commercial space in the Malvern area, HB zoning regulations can offer many options. Convenient to Rt 202, Rt 30, Rt 100, Turnpike and Blue Route
PROPERTY FACTS Under Contract
Sale Type
Investment or Owner User
Sale Conditions
Property Type
Retail
Property Subtype
Building Size
7,456 SF
Building Class
C
Year Built
1988
Price
$1,947,308 CAD
Price Per SF
$261.17 CAD
Percent Leased
Vacant
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.13
Lot Size
1.30 AC
Zoning
HB - Highway business district
Parking
32 Spaces (4.29 Spaces per 1,000 SF Leased)
Frontage
229’ on W. Lancaster
AMENITIES
- Signage
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 54-01P-0183.0000 | Improvements Assessment | $499,711 CAD |
| Land Assessment | $120,203 CAD | Total Assessment | $619,914 CAD |
PROPERTY TAXES
Parcel Number
54-01P-0183.0000
Land Assessment
$120,203 CAD
Improvements Assessment
$499,711 CAD
Total Assessment
$619,914 CAD
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514 E King Rd
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