4140 LANCASTER AVE, Philadelphia, PA 19104
4140 LANCASTER AVE, Philadelphia, PA 19104
4140 LANCASTER AVE, Philadelphia, PA 19104
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Fran Valerio

Fran Valerio

+1(717) 602-0551
Listed by Lisa Li • Tahoe Realty LLC
$319,000
Est. payment /mo
2,613 Sqft Lot
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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.

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

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Bright MLS (BMLS)

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Fran Valerio
Fran Valerio

Listing Specialist, Team Leader RSRS311467

+1(717) 602-0551 | fvalerio@soldincentralpa.com

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