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Listed by Lisa Li • Tahoe Realty LLC
$319,000
Est. payment /mo
2,613 Sqft Lot
New
4140 LANCASTER AVE Philadelphia, PA 19104
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Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID PAPH2675944
Year Built 1915
Annual Tax Amount $1,974
Tax Year 2027
Lot Size 2,613 Sqft
Acres 0.06
Property Sub-Type Mixed Use
Source BRIGHT
Property Description
Investment Opportunity: Multi-Unit Commercial & Residential Assembly at 4140–4144 Lancaster Avenue, Philadelphia, PA 19104
An exceptional value-add opportunity is available on a prominent commercial corridor in West Philadelphia. Spanning three contiguous addresses—4140, 4142, and 4144 Lancaster Avenue—this mixed-use portfolio is being offered strictly as-is, where-is. This offering presents a high-potential project for developers, contractors, and astute investors looking to capitalize on a multi-parcel footprint in a rapidly evolving submarket near University City.
Property Breakdown & Layout
• 4140 Lancaster Avenue: Features a ground-floor commercial storefront configuration with two residential apartments positioned on the upper levels, maximizing income potential through a blended commercial-residential use model.
• 4142 Lancaster Avenue is also on sale: Comprises a commercial storefront space on the ground level paired with one residential apartment above, offering a clean, manageable two-unit layout.
• 4144 Lancaster Avenue is also on sale: Mirroring its neighbor, this building consists of a ground-level storefront unit complemented by a single residential apartment on the upper floor.
Location & Potential
Situated along a well-traveled commercial strip, these properties benefit from steady vehicular traffic, local foot traffic, and accessibility to public transit routes. The surrounding Haverford North neighborhood continues to experience strong urban interest driven by its proximity to major academic institutions, medical centers, and Center City Philadelphia.
Investment Highlights
• Scale & Flexibility: A multi-parcel footprint offering diverse configurations of commercial store fronts and residential apartments.
• Value-Add / Redevelopment: Ideal for comprehensive renovation, structural repositioning, or a modernized mixed-use overhaul tailored to current neighborhood demand.
• As-Is, Where-Is Sale: Priced to reflect current condition, allowing buyers the freedom to implement their own design, layout, and leasing strategies from the ground up.
An exceptional value-add opportunity is available on a prominent commercial corridor in West Philadelphia. Spanning three contiguous addresses—4140, 4142, and 4144 Lancaster Avenue—this mixed-use portfolio is being offered strictly as-is, where-is. This offering presents a high-potential project for developers, contractors, and astute investors looking to capitalize on a multi-parcel footprint in a rapidly evolving submarket near University City.
Property Breakdown & Layout
• 4140 Lancaster Avenue: Features a ground-floor commercial storefront configuration with two residential apartments positioned on the upper levels, maximizing income potential through a blended commercial-residential use model.
• 4142 Lancaster Avenue is also on sale: Comprises a commercial storefront space on the ground level paired with one residential apartment above, offering a clean, manageable two-unit layout.
• 4144 Lancaster Avenue is also on sale: Mirroring its neighbor, this building consists of a ground-level storefront unit complemented by a single residential apartment on the upper floor.
Location & Potential
Situated along a well-traveled commercial strip, these properties benefit from steady vehicular traffic, local foot traffic, and accessibility to public transit routes. The surrounding Haverford North neighborhood continues to experience strong urban interest driven by its proximity to major academic institutions, medical centers, and Center City Philadelphia.
Investment Highlights
• Scale & Flexibility: A multi-parcel footprint offering diverse configurations of commercial store fronts and residential apartments.
• Value-Add / Redevelopment: Ideal for comprehensive renovation, structural repositioning, or a modernized mixed-use overhaul tailored to current neighborhood demand.
• As-Is, Where-Is Sale: Priced to reflect current condition, allowing buyers the freedom to implement their own design, layout, and leasing strategies from the ground up.
Location
State PA
County Philadelphia
Area 19104 (19104)
Zoning CMX2
Interior
Hot Water Natural Gas, Electric
Cooling None
Heat Source Natural Gas, Other
Exterior
Water Access N
Accessibility Other, 32\"+ wide Doors
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District The School District Of Philadelphia
Others
Tax ID 350-29004-0-0000
Ownership Fee Simple
Special Listing Condition Standard, Other
Nearby Locations
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