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    4932-34 Lancaster Ave Philadelphia, PA 19131

    For Sale
    $399,900

    Prime Lancaster Ave location, high income potential.

    Property size:
    2,920 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    312
    This exceptional mixed-use property, situated at 4932-34 Lancaster Avenue in Philadelphia, Pennsylvania, presents a compelling investment opportunity. The 2,920 square foot building sits on a 0.09-acre lot and boasts a highly desirable location on Lancaster Avenue, conveniently close to the intersection of 49th and Kershaw Streets. The property comprises two street-level commercial storefronts, offering significant potential for retail or service businesses. Adding to its income-generating capabilities are two separate one-bedroom apartments located above the commercial spaces. This dual-income stream configuration provides a robust foundation for a strong return on investment. The property's prime location on a busy thoroughfare ensures high visibility and accessibility for both commercial tenants and apartment residents. The building's size and layout offer flexibility for a variety of uses and potential for expansion or renovation. This is an excellent opportunity for investors seeking a well-positioned, income-producing asset in a thriving Philadelphia neighborhood. The asking price is $399,900. Serious inquiries are encouraged. This property is being sold as-is.

    Property Features for 4932-34 Lancaster Ave

    General Information

    Property type
    Mixed-use properties
    Square Feet
    2,920 SF
    Lot Size
    3,920 SF

    Building Details

    Year Built
    1954
    Property Profile Location Intelligence

    Current Use by Public Records

    Mixed-use properties

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Philadelphia
    County
    Philadelphia
    State
    Pennsylvania
    Longitude
    -75.2209
    Latitude
    39.97429

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    FAQs

    What type of property is this?
    Mixed-use property - Prime Lancaster Ave location, high income potential.
    Where is this mixed-use property located?
    The property is located at 4932-34 Lancaster Ave Philadelphia, PA.
    What is the asking price?
    The asking price for this property is $399,900.
    (215) 732-5355
    Request Owner's contact information
    4932-34 Lancaster Ave Philadelphia, PA 19131
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    Philadelphia, PA 19131
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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
    4932-34 Lancaster Ave Philadelphia, PA 19131
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