462 E KING RD Active Save Request In-Person Tour Request Virtual Tour
Malvern,PA 19355
Key Details
Property Type Commercial
Sub Type Office
Listing Status Active
Purchase Type For Sale
Square Footage 4,100 sqft
Price per Sqft $169
MLS Listing ID PACT2095118
Originating Board BRIGHT
Year Built 1999
Annual Tax Amount $8,998
Tax Year 2024
Lot Size 0.455 Acres
Acres 0.46
Lot Dimensions 0.00 x 0.00
Property Sub-Type Office
Property Description
Exceptional opportunity to own a 4,100 SF +/- professional office building located within walking distance to the heart of Malvern. This well-maintained two-story property is zoned O-P (Office/Professional) and offers great flexibility for a variety of professional uses. The first floor, currently vacant, features approximately 2,050 SF +/- of medical/office space including a welcoming reception and waiting area, five exam rooms, a lab area, and a kitchenette. This space was previously leased at $3,416.67/month. The second floor, also 2,050 SF +/-, is fully leased to two separate tenants. It includes four private offices, a large open workspace, a kitchenette, and ample storage. One tenant currently pays $829.26/month, while the other pays $1,513.57/month, providing steady rental income. The property offers a separate front entrance, two-zone gas heating, and ample on-site parking. Conveniently located near Paoli Hospital, public transportation, and just minutes from the Malvern Train Station, this property is ideal for a medical practice, lab, law office, sales office, or other professional services.
Location
State PA
County Chester
Area Willistown Twp (10354)
Zoning OP
Interior
Hot Water Natural Gas
Heating Heat Pump(s)
Cooling Central A/C
Heat Source Natural Gas
Exterior
Garage Spaces 20.0
Water Access N
Accessibility 2+ Access Exits
Total Parking Spaces 20
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Great Valley
Others
Tax ID 54-01P-0002.0300
Ownership Fee Simple
SqFt Source Assessor
Acceptable Financing Assumption
Listing Terms Assumption
Financing Assumption
Special Listing Condition Standard