519 Lancaster Avenue , #3

Description

New price.Well appointed office building on the highly desirable Main line.Positive cash flow from day one. Existing tenant with lease to 2029.No need to search for new tenants for months with the current glut of open office space in the suburban Philadelphia market.Listing is for 2 suites at 519 Lancaster Ave. in Malvern Pa. Suites #2 1375 SF and Suite #3 2750 SF.This listing is for 2 units with separate public records tax ID # 42-03R-0006.0300 and #42-03R-0006.0200. Only sold as a package. Taxes listed reflect only unit #3 not both unitsSuites are fully leased to 3/31/2029. Current tenant has been in place since 2018 with excellent on time payment history. Two-story, free-standing office building with frontage and signage on Rt-30 in Malvern. Spacious, well-appointed, entrance area and perimeter windows provide ideal lighting throughout. Convenient access to area highways and amenities. Close to Rt-352 and Rt-202; and minutes to Rt-29, Rt-30 & Rt-100 Intersection and easy access to Rt-30 Bypass and PA Turnpike.This portion of Malvern on Rt 30 has gone through extensive recent development with the addition of the brand new Yards luxury apartment complex on rt. 30 along with many other retail establishments and offices. This area is the hidden gem in Malvern.