400 Lapp Road Malvern, PA ^$ 7,500,000

400 Lapp Road

^$ 7,500,000

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400 Lapp Road

Malvern, PA, 19355

^$ 7,500,000

Studio Baths0.0 Sq 28,592

Monthly Estimate*

^$ 49,847

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Studio

Commercial Property for sale in Malvern, PA

for $7,500,000. This 28,592 square foot building was built in 1999 on a lot size of 3.6.

A very flexible opportunity for immediate occupancy, investment potential or sub-dividable lease buyout. This 28,000 +/- SF Class A Office Building is currently fully leased until April 2027 with an NOI of $603,186 (NNN Lease). Potential lease buyout for user buyer occupant along with sub-dividable potential with lease buyout option. Great location, approximately 1 Mile from PA 76 Turnpike. Easily accessible to Route 29, Route 202 & Route 30 . Within close proximity to major residential development.

Commercial Active

Price

^$ 7,500,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 94,278

Style

Professional,Medical

Lot Size

3.6

Year Built

1999

Town/City

Malvern

County/Region

Chester

MLS | Web ID

PACT2065458

Features

Interior

Heating Fuel Central

Hot Water Other

Heating Y/N Y

Street Suffix ROAD

Central Air Y/N Y

General

Sewer Public Sewer

Heating Forced Air

Cooling Central A/C

Possession Negotiable

Zoning COMMERCIAL

Construction Materials Steel Siding

Year Built 1999

Property SubType Office

Tax Year 2024

Percent Ownership Fee Simple

Cool Fuel Other

Municipality EAST WHITELAND TWP

Business Type Professional Medical

Accessibility Other

County CHESTER

New Construction N

Property Type Commercial Sale

Water Access Y/N N

Status ACTIVE

Directions US-202 N/US-322 W/Wilmington Pike to East Whiteland Township. Exit PA-401 W. Alroy Rd to Lapp Rd

City MALVERN

Buyer Agent Compensation 2.5

Zoning Description Professional

Total Units 0

MLS Area East Whiteland Twp (10342)

Lot Size Square Feet 156816.00

Waterfront Y/N N

Street Name LAPP

Tax Annual Amount 94278.0

Price Per Sq Ft Total 262.31

Vacation Rental Y/N N

Days on Market 22

Standard Status Active

Year Built Source Assessor

Tax Lot 0024

Buyer Agent Compensation Type % Of Gross

Exterior

Water Source Public

Type of Parking Parking Lot

Water View Y/N N

Building Area Total 28592.00

Lot Dimensions 0.00 x 0.00

Lot Size Acres 3.60

Lot Size Units Square Feet

Lot Size Source Assessor

Land Assessed Value 231000.00

Navigable Water Y/N N

Water Oriented Y/N N

Internal Only

Street Number 1 400

* Excluded Features

List By

Bhhs Fox & Roach-Chadds Ford

Broker

anthony.nanni@foxroach.com

Affordability Calculator

$57,704

Per Month

Monthly Principal & Interest: $49,847
Monthly Property Taxes: $7,857
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Malvern, PA

Average List Price ^$1,411,480

Percent of Sale Price 81%

About Malvern, PA

3,300 Population

8% Since 2002

^$74,073 Median Income

42.5 Median Age

29% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

2136830 Elementary School

2137124 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
5/9/2024	$7,500,000		Listed Price

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400 Lapp Road, Malvern, PA, 19355 is a Commercial Property for sale at $7,500,000 with 28,592 sqft and a lot size of 3.6. 400 Lapp Road is a studio with 0.0 baths and was built in 1999. The property's zip code is 19355 which is in Malvern, PA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BrightMLS Broker Reciprocity^SM program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Weichert, Realtors® participates, and is provided by BrightMLS through a licensing agreement.

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400 Lapp Road

Commercial Property for sale in Malvern, PA

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