Features & Amenities

Interior

Area & Lot

  • Lot Size(acres)

    0.14

  • Property Type

    Commercial Sale

Exterior

  • Garage

    No

  • Construction Materials

    Brick

  • Parking

    On Street, Private, Driveway, Parking Lot

Financial

  • Sales Price

    $1,680,000

  • Tax Amount

    11561.0

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Location

County

CHESTER

Elementary School

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High School

Listing Courtesy of Margaret M. Schwartz , BHHS Fox & Roach Wayne-Devon

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TheresaKehler

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Excellent Income Earning BUILDINGS in charming town of Malvern - TWO Properties on the corner of King & Channing, & backing to public parking & a beautiful Park.  The Properties are zoned Mixed Use & are fully Leased.  2 Buildings combined on ground floor & top floor, so must be sold together: Tax IDs: 02-04-0193 & 02-04-0192.  Low taxes, low maintenance, & low expenses, all Leased - giving this High Value!  Investing in Malvern is an excellent opportunity - as this Main Line town is close to it all, but still has small town charm-  where you know your neighbors & are close to acres of Open Space in Radnor Hhunt Country too!  Currently 3 Apartments & 2 commercial Tenants - all allowing significant cash generation for the properties.   Prime King St. frontage has a Dress Shop that's in both buildings - the nice bumpout display windows showcase what they sell! . Excellent WALK-TO Everything Location, inc. Train, Library, Fancy Dining  or at friendly Pubs, great Shopping, & Kimberton Whole Foods, Worralls,  & Wawa!  The 2 Buildings have 4 oversized on-site parking spots(EZ 8 if double up!) & backs to big public Parking Lot & Burke Park w/ Pavilion - the perfect place to meet for SAT. Farmers' Mkt, live music, Holidays & Tree Lighting, Parades - or just catching up w/ friends & walk to Train, shopping, fine dining, restaurants, or neighborhood pubs together!  "Malvern Stroll" is a walk about town on the 3rd Thursday of every month - get ready for events like Halloween Parade & Christmas on KING - when they actually close down the main street for pedestrians, pop up shops, live Music, & sometimes even beer gardens. These 2 Buildings are being SOLD TOGETHER & have 2 entrances on King St. main floor lowest level - which opens to a large retail space using both buildings w/ handy full size display windows & PR.  From 1st floor, there are interior stairs to west side second story, where there's more retail space, a full Bath & door to private parking out back .  East side 2nd floor is a front to back  private office, w/ Bath & door to Porch on Channing Ave.  & another door to back parking lot.  Two updated Apartments w/ private entrances on 3rd floor - both have 2 BDRMs,  1 full Bath, Laundry, & convenient KIT open to FR layouts, & one uses Porch on alley walk out to King St.  The 3rd Apartment is the Penthouse w/ 2 BDRMs, 2 Full Bath, & KIT also open to FR, w/ big Laundry Rm. It's EZ to see why these are all OCCUPIED & making money for owner! If you are Ready to start making @$120,000 net, give Missy a call to schedule a showing - as all shows must be confirmed by all Tenants. Excellent income producing opportunitoies  like this don't come around often - call with any questions & make an appointment to see ASAP!  For apartment pictures -  SEE MLS #s : PACT2023126,  PACT2010146 &  PACT2045262

30 E KING STREET

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