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Mixed-Use Storefront Portfolio
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For Sale
$319,000

4140 LANCASTER AVENUE, Philadelphia, PA 19104

Three connected buildings combine street-level commercial spaces with apartments above along a Philadelphia commercial corridor.

Property Size2,765 SF
Price / SF$115.37
Days on Market3

Property Features for 4140 LANCASTER AVENUE

General Information

Standard status Active
Size 2,765 SF
Property subtype Commercial

Additional Details

Multifamily Units 4

Building Details

Year Built 1915
Buildings 3
Listing Agency: Tahoe Realty LLC
Listed By: Xuemei Li · License #RS346389
Source: Cummingsrealtors
Added: Sep 30 Changed: Oct 1 Last Checked: Oct 1 at 2:10PM

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 Tahoe Realty LLC

Investment Insights

Based on property information with market context.

Three adjoining buildings at 4140, 4142, and 4144 Lancaster Avenue form a mixed-use property with commercial storefronts at street level and apartments on upper floors. The building at 4140 has two apartments, while each of the other buildings has one, for four apartments across the assembly. Each address includes a storefront space. The properties are offered in their current condition.

The buildings sit on a commercial corridor in West Philadelphia, with local vehicle and pedestrian activity and access to public transit routes. The surrounding area is described as near academic institutions, medical centers, and Center City Philadelphia.

Key Highlights

  • Three connected Lancaster Avenue buildings at 4140, 4142, and 4144
  • Four apartments across the three‑building assembly
  • Three ground‑floor commercial storefront spaces

Property Analytics

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Current Use

Cairy Fashion Dominican ... Hair Salon

Suggested Use

Top Pick Law Firm Electrical Service Building Supply Plumbing Service Kitchen & Bath Showroom (Bike/Boat/Book/etc) Store

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

Lease Details

4
Residential units

Location Intelligence

Trade Area within ½ mile

3,271
Businesses Nearby
11k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 51% Dining 24% Apparel 13% Electronics 12%
Family Dollar Shops & Services
5,789 visits/mo 0.0 miles
SUBWAY Dining
2,779 visits/mo 0.5 miles
Metro by T-Mobile Electronics
1,400 visits/mo 0.0 miles
Rainbow Apparel
772 visits/mo 0.0 miles
DTLR/VILLA Apparel
721 visits/mo 0.1 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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Three connected buildings combine street-level commercial spaces with apartments above along a Philadelphia commercial corridor.
Where is this mixed-use property located?
The property is located at 4140 LANCASTER AVENUE Philadelphia, PA.
What is the asking price?
The asking price for this property is $319,000.
What are key features of this property?
This property features: Three connected Lancaster Avenue buildings at 4140, 4142, and 4144; Four apartments across the three‑building assembly; Three ground‑floor commercial storefront spaces
More about this property
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