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    3641-47 Lancaster Ave Philadelphia, PA 19104

    For Lease
    $30 SF/Yr ($10,890 /Mo)

    CommercialLease - PHILADELPHIA, PA

    Type:Retail
    Lot size:
    0.10 Acres
    Days on Market:
    60
    Last Refresh:
    Dec 7 at 8:06 am

    Property Features for 3641-47 Lancaster Ave

    General Information

    Property type
    Other
    Property subtype
    Retail
    Standard status
    Active
    Lot size
    0.10 Acres

    Building Details

    Year built
    1900
    Number of units
    3
    Building materials
    Masonry

    Mallin Panchelli Nadel Realty, Inc. (215) 413-4900 [email protected]

    Listing agent Veronica Gintel Blum (267) 238-1728 License #RS290724

    Listing date Oct 9, 2025

    Copyright © 2025 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Lancaster Avenue Retail/Medical Space

    Located at 3641-47 Lancaster Avenue in Philadelphia, PA, this property offers retail space for lease at an asking price of $30 per square foot plus NNN. The ground floor retail space spans 4,005 square feet across three units. Unit 1 offers 1,789 square feet with an additional 222 square feet in the basement, Unit 2 provides 934 square feet, and Unit 3 features 1,282 square feet. The units can be leased individually or combined. Ideal uses include a neighborhood market, light retail, fitness center, or medical office. The property is situated directly behind the University City development along Market Street, a project featuring 10.5 million square feet within 15 existing and 10 newly constructed buildings. This development includes a mix of multi-family residences, office spaces, lab spaces, and a planned hotel tower. Located directly across the Schuylkill River from Center City, University City is the easternmost part of West Philadelphia and encompasses several universities, including the University of Pennsylvania, Drexel University, and the University City campus of Saint Joseph's University. The Penn and Drexel campuses host several medical institutions, independent centers of scientific research, and 30th Street Station.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Law Firm Realty agency Restaurant Spa & Massage Hair Salon Dental Office Clothing Store Nail Salon Food Market Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Philadelphia
    County
    Delaware
    State
    Pennsylvania
    Longitude
    -75.194633
    Latitude
    39.959309

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    FAQs

    What type of property is this?
    Retail space - Retail or medical office space available near University City development.
    Where is this retail space located?
    The property is located at 3641-47 Lancaster Ave Philadelphia, PA.
    What is the lease rate?
    The lease rate is $30 SF/Yr.
    What are key features of this property?
    This property features: - Ground floor retail space totaling 4,005 +/- SF, divisible into three units.; - Located directly behind the UCity development, a 10.5 million square foot mixed-use project.; - Situated in University City, home to major universities and medical institutions.
    (267) 238-1728
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    3641-47 Lancaster Ave Philadelphia, PA 19104
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