Sold

CLOSED

30 E King St

Malvern PA, 19355

$1,680,000


$250.22 per sqft

Sold

CLOSED

6,714 sqft

Commercial

Built in 1900

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

PACT2081982

MLS ID

October 15, 2024

Listed

November 24, 2024

Updated

Map

30 E King St
Malvern PA, 19355

Interior Features

Interior Features

Carpet, Hardwood, Laminate


Floor Description

Carpet, Hardwood, Laminate


Fireplace

No


Cooling

Yes


Cooling Description

Central Air, Window Unit(s)


Heating

Yes


Heating Description

Forced Air, Baseboard, Electric, Natural Gas

Exterior/Building Features

Lot Size

0.14 Acres


Sewer

Public Sewer

Other Property Details

Area Name

MALVERN BORO


Taxes

$11,561


Tax Frequency

Annually


Days on Market

11


Garage

No


Parking

On Street


Parking Total

4


View

Yes


View Description

Park/Greenbelt, Street


County

CHESTER


Water Source

Public


Pool

No

Listing History

Date

Event

Price

11/24/2024

Sold

$1,680,000

10/25/2024

Pending

10/15/2024

Active

Listed by BHHS Fox & Roach Wayne-Devon
Listing Contact: 6108883349 

The IDX display contains information sourced from the Bright MLS, Inc. as of 11/24/2024. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

©2024 Bright MLS, Inc. all rights reserved.

Data last updated on 11/24/2024 at 9:48 PM UTC

Powered byLuxury Presence