Renovated Mixed-Use
For Sale
Contact for pricing
Pending
4416 Lancaster Ave, Philadelphia, PA 19104
Two residential apartments sit above a leased restaurant space with updated building systems and central air conditioning.
Property SizeContact for details
Days on Market145
Property Features for 4416 Lancaster Ave
General Information
Standard status
Pending
Property subtype
Mixed Use
Occupancy
100%
Units
Unit Mix
2 x 3BR/2BA
Multifamily Units
2
Additional Details
Average Monthly Rent
$1,295
Sprinkler System
Yes
Amenities
central air conditioning
Building Details
Buildings
1
Tenancy
Multi
Listing Agency:
KW Commercial
Listed By:
Rodney Ross · License #PA RS314073
Source:
Crexi
Added: Apr 11
Changed: Sep 2
Last Checked: Sep 1 at 9:32PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of KW Commercial
Investment Insights
Based on property information with market context.
Located at 4416 Lancaster Ave in Philadelphia’s Belmont area, this mixed-use property combines a first-floor commercial space with two large three-bedroom, two-bathroom apartments. The building has undergone a comprehensive renovation, including a new roof, new mechanical systems, a sprinkler and fire alarm installation, and central A/C serving both residential units. The property is certified lead free.
The commercial space is occupied by a Korean fried chicken restaurant, while both apartments are leased. An approved 10-year tax abatement applies to the full improvement value. The property is positioned along Lancaster Ave near corridor redevelopment projects and a community park directly behind the building, adding established neighborhood context to the asset.
The commercial space is occupied by a Korean fried chicken restaurant, while both apartments are leased. An approved 10-year tax abatement applies to the full improvement value. The property is positioned along Lancaster Ave near corridor redevelopment projects and a community park directly behind the building, adding established neighborhood context to the asset.
Key Highlights
- Two 3BD/2BA residential units
- First‑floor commercial space leased to a Korean fried chicken restaurant
- Comprehensive renovation with new building mechanics
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Yes
Sprinkler system
Location Intelligence
Trade Area within ½ mile
1,166
Businesses Nearby
Explore this area
Business Placement
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 Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Two residential apartments sit above a leased restaurant space with updated building systems and central air conditioning.
Where is this mixed-use property located?
The property is located at 4416 Lancaster Ave Philadelphia, PA.
What are key features of this property?
This property features: Two 3BD/2BA residential units; First‑floor commercial space leased to a Korean fried chicken restaurant; Comprehensive renovation with new building mechanics
