Images
Request Info$695,000
ACTIVE
497 LANCASTER AVENUE Overview
- Time on Site:
- 95 days
- Visits:
- 13
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.
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497 LANCASTER AVENUE Facts & Features
- Type Vacant Land
- Lot 1.10 Acres
Details
General
Association/HOA
- Association: No
Listing Information
- Real Estate Owned: No
- Short Sale: No
Business Information
- Current Use: Residential
Location/Region
- Country: US
- County: CHESTER
- County Or Parish: CHESTER
- MLS Area Major: East Whiteland Twp (10342)
Tax Information
- City/Town Tax: 133.00
- City/Town Tax Payment Frequency: Annually
- County Tax: 769.00
- County Tax Payment Frequency: Annually
- School Tax: 3754.00
- Tax Annual Amount: $4,656.00
- Tax Assessed Value: 148860.00
- Tax Year: 2025
General Information
- Inclusions: Existing home on parcel.
- Property Sub Type: Land
- Property Type: Land
- School District Name: GREAT VALLEY
- Special Listing Conditions: Standard
- Vacation Rental: No
- Year Assessed: 2025
- Zoning: FRONTAGE COMMERCIAL
Interior
Parking Information
- Garage: No
Building Interior
- Central Air: No
Exterior
Lot Information
- Additional Parcels: No
- Lot Dimensions Source: Assessor
- Lot Features: Road Frontage
- Lot Size Acres: 1.10
- Lot Size Source: Estimated
- Lot Size Square Feet: 47916.00
- Lot Size Units: Square Feet
- Water Source: Public
Waterfront/View
- View: Street
- Water Oriented: No
- Water View: No
- Waterfront: No
General Information
- Farm Land Preservation: No
- Sewer: Public Sewer
- Water Access: No
497 LANCASTER AVENUE Neighborhood
Community
19355 (MALVERN) Demographics
41
Median Age
698
Population Density (per sq. mile)
75%
College Educated
$133,686
Estimated Median Income
7,645
Estimated Total Home Owners
2,445
Estimated Total Renters
76% / 24%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
497 LANCASTER AVENUE Monthly Cost
497 LANCASTER AVENUE Market Data
Based on the last 30 days in this zip code
$1,233,878
Average List Price
$359
Average Price per Square Foot
34
Properties Sold
51
Average Days on Market
127
Properties for Sale
497 LANCASTER AVENUE History
| Date | Value | Agent |
|---|---|---|
| 3/26/2026Source: BRIGHT MLS | March 26, 2026 |
|
| 3/26/2026Source: BRIGHT MLS | March 26, 2026 |
|
| 12/3/2024Source: BRIGHT MLS | August 09, 2021 |
|
| 12/3/2024Source: BRIGHT MLS | August 11, 2021 |
|
| 12/3/2024Source: BRIGHT MLS | August 12, 2021 |
|
| 12/3/2024Source: BRIGHT MLS | November 09, 2021 |
Listing provided courtesy of Keller Williams Realty Devon-Wayne- MLS# PACT2120928
Contact Information: [email protected] - 6106478300
Contact Information: [email protected] - 6106478300