About 497 Lancaster Ave
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.
Features of 497 Lancaster Ave
| MLS® # | PACT2120360 |
|---|---|
| Price | $695,000 |
| Bathrooms | 0.00 |
| Square Footage | 1,640 |
| Acres | 1.10 |
| Year Built | 1920 |
| Type | Commercial Sale |
| Sub-Type | Land for Commercial Use |
| Status | Active |
Community Information
| Address | 497 Lancaster Ave |
|---|---|
| Area | East Whiteland Twp |
| City | MALVERN |
| County | CHESTER-PA |
| State | PA |
| Municipality | EAST WHITELAND TWP |
| Zip Code | 19355 |
Amenities
| View | Street |
|---|---|
| Is Waterfront | No |
Interior
| Heating | Hot Water |
|---|---|
| Cooling | None |
Exterior
| Exterior | Asbestos |
|---|---|
| Lot Description | Road Frontage |
| Construction | Asbestos |
Additional Information
| Date Listed | March 26th, 2026 |
|---|---|
| Days on Market | 168 |
| Zoning | FRONTAGE COMMERCIAL |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | Keller Williams Realty Devon-Wayne |
|---|