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Corner Retail Building
For Sale
$1,250,000

4022-24 LANCASTER Avenue, Philadelphia, PA 19104

Commercial Sale, PHILADELPHIA, PA

Property SizeContact for details
Lot Size0.12 Acres
Days on Market170

Property Features for 4022-24 LANCASTER Avenue

General Information

Property type Other
Property subtype Retail
Parking features On Street
Elementary school district PHILADELPHIA CITY
Middle school district PHILADELPHIA CITY
High school district PHILADELPHIA CITY
Standard status Active
Lot size 0.12 Acres

Taxes and HOA fees

Tax Annual Amount 2914

Utilities

Heating system Central
Cooling system Central Air

Amenities

SEPTA Route 10 trolley on-site

Building Details

Year built 1915
Number of units 4
Building materials Masonry
Listing Agency: Keller Williams Main Line · Keller Williams Realty
Listed By: Jon M O'Shea · License #ab069634
Added: Mar 19 Changed: Aug 19 Last Checked: Sep 4 at 12:06PM
MLS# PAPH2588356

Copyright © 2026 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.

Investment Insights

Based on property information with market context.

This masonry retail property includes 6,200 square feet of ground-floor commercial area, a full basement, and a 1,000-square-foot second-floor office. The building has central heating and central air, with commercial layouts that have supported grocery, restaurant, and nightclub/lounge operations. On-street parking is available, and the structure dates to 1915.

The property occupies the corner of Lancaster Avenue and 42nd Street in West Philadelphia, with 40 feet of frontage along Lancaster Avenue. CMX-2 zoning supports a broad range of commercial uses. SEPTA Route 10 trolley service is located on-site, adding direct transit access to the surrounding commercial corridor.

Key Highlights

  • 6,200 SF of ground‑floor commercial space plus a full basement
  • 1,000 SF second‑floor office
  • 40' of frontage on Lancaster Avenue at 42nd Street

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Law Firm Electrical Service (Bike/Boat/Book/etc) Store Florist Plumbing Service Tattoo & Piercing Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

4,762
Businesses Nearby
24k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 61% Shops & Services 27% Apparel 6% Electronics 6%
Dunkin' Donuts Dining
11,056 visits/mo 0.5 miles
Family Dollar Shops & Services
5,789 visits/mo 0.2 miles
SUBWAY Dining
2,779 visits/mo 0.5 miles
Metro by T-Mobile Electronics
1,400 visits/mo 0.3 miles
Boston Market Dining
805 visits/mo 0.5 miles

Demographics for 19104, PA

56,839
Population
23,888
Households
2.4
Avg Household Size
26
Median Age
47%
College-Educated
90%
High-School Grad
3.1 sq mi
ZIP Area
18,335
Density / Sq Mi
$39,526
Median Household Income
$18,420
Median Earnings
$1,329
Median Rent
$268,200
Median Home Value

Market

Vacancy Rate% for Retail in Philadelphia, PA

6.7% 2019
8.2% 2020
7.8% 2021
6.6% 2022
6.2% 2023
5.5% 2024
5.6% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Retail space - Multi-level commercial property with CMX-2 zoning, central HVAC, and on-street parking.
Where is this retail space located?
The property is located at 4022-24 LANCASTER Avenue Philadelphia, PA.
What is the asking price?
The asking price for this property is $1,250,000.
What are key features of this property?
This property features: 6,200 SF of ground‑floor commercial space plus a full basement; 1,000 SF second‑floor office; 40' of frontage on Lancaster Avenue at 42nd Street
More about this property
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