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4313 Lancaster Ave
Philadelphia, PA 19104
Retail Property For Sale


Investment Highlights
- Totally turnkey first-floor storefront
- The building is available alone or as a package with its neighbor at 4311
- Lancaster Avenue is booming with development, including a new 49-unit mixed-use property on the block
Executive Summary
Take full advantage of this prime spot on the Lancaster Ave commercial corridor with this mixed-use duplex. The totally turnkey first-floor storefront, formerly an acupuncturist’s studio and most recently a photo studio/event space, features a gorgeous new glass storefront facade, stunning original tin ceiling, newly installed oak floors, mini-splits for zoned heating and cooling, a stylish ADA-compliant half bathroom and direct access to the rear outdoor space. The separate bilevel apartment above is in shell condition. Under-the-surface updates include electric main and subpanel replacement and all new wiring on the first floor. Lancaster Avenue is booming with development, including a new 49-unit mixed-use property on the block. The neighborhood is just a quick walk from Drexel University and the University of Pennsylvania, convenient to both SEPTA and I76, and also on the fringe of large-scale developments along University City’s innovation corridor. The building is available alone or as a package with its neighbor at 4311.
Property Facts Under Contract
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront
Building Size
1,760 SF
Building Class
C
Year Built
1915
Price
$372,927 CAD
Price Per SF
$211.89 CAD
Percent Leased
100%
Building Height
3 Stories
Building FAR
0.80
Lot Size
0.05 AC
Opportunity Zone
Yes
Zoning
CMX2 - CMX-2 zoning is for neighborhood-serving retail and service uses. It allows for a mix of commercial and residential uses, with some requiring special
Amenities
- Signage
Property Taxes
| Parcel Number | 882933820 | Improvements Assessment | $130,214 CAD |
| Land Assessment | $32,554 CAD | Total Assessment | $162,768 CAD |
Property Taxes
Parcel Number
882933820
Land Assessment
$32,554 CAD
Improvements Assessment
$130,214 CAD
Total Assessment
$162,768 CAD
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