30 E KING ST Pending Save Request In-Person Tour Request Virtual Tour
Malvern,PA 19355
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Pending
Purchase Type For Sale
Square Footage 6,714 sqft
Price per Sqft $250
Subdivision Parkview
MLS Listing ID PACT2081982
Year Built 1900
Annual Tax Amount $11,561
Tax Year 2024
Lot Size 5,928 Sqft
Property Description
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
Location
State PA
County Chester
Area Malvern Boro (10302)
Zoning MIXED RES/COMMERCIAL
Interior
Hot Water Natural Gas
Cooling Central A/C,Ductless/Mini-Split,Multi Units,Window Unit(s)
Flooring Hardwood,Laminated,Carpet
Exterior
Garage Spaces 4.0
Waterfront N
Water Access N
View Park/Greenbelt,Street
Building
Foundation Block
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Great Valley
Others
Special Listing Condition Standard