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    4323 Lancaster Ave Philadelphia, PA 19104

    New
    For Lease
    $2,500 /Mo ($6 SF/Yr)

    CommercialLease - PHILADELPHIA, PA

    Type:Retail
    Lot size:
    0.11 Acres
    Days on Market:
    3
    Last Refresh:
    Dec 11 at 10:06 am

    Property Features for 4323 Lancaster Ave

    General Information

    Property type
    Other
    Property subtype
    Retail
    Standard status
    Active
    Parking features
    On Street
    Lot size
    0.11 Acres

    Utilities

    Heating system
    Forced Air
    Cooling system
    Central Air

    Building Details

    Year built
    1925
    Number of units
    6
    Building materials
    Masonry

    Revo Realty Group, LLC (610) 574-7224 [email protected]

    Listing agent Steven Sooby (732) 439-0011 License #RB069551

    Listing date Dec 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

    Restaurant Space on Lancaster Avenue

    Available for lease, this ground-floor commercial unit at 4323 Lancaster Avenue offers a turnkey opportunity for a restaurant or food-service operator in West Philadelphia. The space, previously occupied by an established restaurant, is suited for continued food and beverage use. The unit spans over 1,500 square feet and benefits from street presence along the Lancaster Avenue corridor, connecting Center City to West Philadelphia. Its location provides visibility, foot and vehicle traffic, and proximity to the University of Pennsylvania, Drexel University, and Penn Presbyterian Medical Center. The space features an open layout conducive to dine-in, takeout, or delivery-focused concepts, and offers access to public transportation, including the nearby Route 10 trolley. The surrounding neighborhood is densely populated and mixed-use, creating a built-in customer base of students, medical professionals, residents, and commuters. This is an opportunity for an operator seeking a restaurant space in a commercial corridor with fundamentals and long-term growth potential.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Hubies Southern Style ... Southern Restaurant (Us) Gwennys Grub & Smoothie ... Restaurant Little Lotus Learning ... Day Care Center Fruits Of Life Academy School

    Suggested Use

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

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

    Similar Places Nearby

    WETOPIA CATERERS, Mr. D's Sweets and Eats, Kreations by Krystal, Sunflower S. C. Catering, Sardar G Catering

    Location Insight

    • Map
    • Local Demand
    City
    Philadelphia
    County
    Delaware
    State
    Pennsylvania
    Longitude
    -75.21033
    Latitude
    39.96847

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    FAQs

    What type of property is this?
    Restaurant - Turnkey restaurant opportunity in West Philadelphia with high visibility.
    Where is this restaurant located?
    The property is located at 4323 Lancaster Ave Philadelphia, PA.
    What is the lease rate?
    The lease rate is $6 SF/Yr.
    What are key features of this property?
    This property features: - Prime ground-floor commercial unit ideal for a restaurant or food-service operator.; - Located on busy Lancaster Avenue with strong street presence.; - Proximity to major demand drivers: University of Pennsylvania, Drexel University, and Penn Presbyterian Medical Center.
    (732) 439-0011
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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
    4323 Lancaster Ave Philadelphia, PA 19104
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