4140 Lancaster Ave,PHILADELPHIA, PA 19104
PHILADELPHIA, PA 19104
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.
Details
| MLS # | PAPH2675944 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active-bright |
| Year | 1915 |
| Days On Site | 33 |
| Listing Provided By | Tahoe Realty LLC | Xuemei Li |
Features
| Basement | Y |
|---|---|
| Zoning | CMX2 |
| Acreage | 0.06 |
Interior
| Cooling | None |
|---|---|
| Heating Yes / No | Yes |
| Heating | 90% Forced Air |
Exterior
| Construction Materials | Brick, Cement Siding, Concrete, Other |
|---|
Parking
| Garage Yes / No | No |
|---|
Taxes
| Tax Annual Amount | 1974 |
|---|
Area Information
| State | PA |
|---|---|
| County | PHILADELPHIA PA |
| City | PHILADELPHIA |
| Zip Code | 19104 |
| Area | 19104 (19104) |
| School District | THE SCHOOL DISTRICT OF PHILADELP |
| Listing VS Median (in 19104) | |
Price: $319,000 low | high Med: $3,332 On site: 33 low | high Med: 122 | |
Market Activity 19104
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Learn More About This Property
| State | PA |
|---|---|
| County | PHILADELPHIA PA |
| City | PHILADELPHIA |
| Zip Code | 19104 |
| Area | 19104 (19104) |
| School District | THE SCHOOL DISTRICT OF PHILADELP |
| Listing VS Median (in 19104) | |
Price: $319,000 low | high Med: $3,332 On site: 33 low | high Med: 122 | |