Property Description

Prime downtown location in the heart of Malvern's business district with good visibility and accessibility. Property updated in 1991; see architectural plans at the building. Upper level expanded (~ 687 sq. ft.) after 2000, with plumbing and electrical for kitchen, shower, sink and toilet. Even space for a bedroom and storage. Downstairs has a lounging room and space for a washer and dryer. This adds mixed-use potential (retail downstairs + residential loft upstairs), which can appeal to owner-users or investors seeking extra income from living quarters. Recent upgrades: Two new heating and cooling units (2023, $18,800 cost) for 2-zone climate control, improving comfort and reducing immediate buyer costs. In early 2024, the lighting fixtures were transitioned to energy-efficient LED lighting in the main 16-foot retail space. No monthly maintenance!

Property Features