$625,000

116 E King St

MALVERN PA, 19355

Description

Rare Opportunity to buy a turn key Commercial Building in Malvern Borough with outstanding parking on-site. 10 parking spaces in rear. Prime King Street location in Malvern Borough located on the block between Bridge and Channing. Currently leased to 1 tenant with approx 3.5 years left on the lease. Charming interior look with hardwood floors in several office areas. WALK TO SEPTA R-5 Malvern Station, Flying Pig, Christopher's, Alba, Brick N Brew, The Buttery, Kimberton Whole Foods, Post Office and WAWA. Zoned C3 for office, retail, and other allowable uses. See zoning attached. Private off street parking lot directly behind building. All three floors are one tenant occupied as office. building is set up to be 2 tenant building if needed, with private entrance to 2nd and 3rd floor, separate from first floor. Tenant pays rent plus utilities, trash, and snow. Owner pays real estate taxes and landscaping. Verizon commercial FIOS in building. 2 zone alarm system. Excellent investment property, or for a user once the current lease is terminated. Call for more details. Do not visit property without an appointment. Listing agent has an ownership interest.

Details

MLS#PACT514630
Listing TypeFor Sale
StyleIndustrial
Sub-TypeResale
Status10000069142
Year1900
Days On Site64

Features

SQ Feet3,736
ZoningC3
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Area Information
StatePA
CountyCHESTER-PA
CityMALVERN
Zip Code19355
AreaMalvern Boro (10302)
Listing VS Median (in 19355)
Price:
$625,000
low | high
Med:
$617,000
51.28% of Average
SqFt:
3,736
low | high
Med:
2,720
77.194860813704% of Average
$ / SqFt:
$167
low | high
Med:
$230
12.742996932861% of Average
On Site:
64
low | high
Med:
18
100% of Average
Listing Updated: 10/26/2020
Alex Coates LogoMLS Number: PACT514630
Listing Provided By:
Alex Coates  of  Keller Williams Realty Devon-Wayne
MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Bright MLS. 

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