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Renovated Three-Story Commercial Building
For Lease
$3,300/Mo

4508 LANCASTER Avenue, Philadelphia, PA 19131

CommercialLease - PHILADELPHIA, PA

Space SizeContact for details
Lot Size0.03 Acres
Days on Market51

Property Features for 4508 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 0.03 Acres

Utilities

Heating system Heat Pump (Heating), Electric (Heating)
Cooling system Heat Pump, Central Air

Building Details

Year built 1920
Number of units 1
Building materials Masonry
Listing Agency: Equity Pennsylvania Real Estate
Listed By: Jeremy G Chaudet · License #RS331668
Added: Jun 23 Changed: Jul 13 Last Checked: Aug 12 at 8:06AM
MLS# PAPH2640158

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 beautifully renovated three-story building offers approximately 2,200 square feet of flexible space suitable for a variety of commercial uses, including office use, daycare centers, and restaurants. The property’s interior has been renovated, providing an updated environment for prospective tenants.

Located on Lancaster Avenue in Philadelphia, the building benefits from convenient public transportation access, with the trolley line nearby. The surrounding area also offers local amenities associated with University City.

The building is configured as a multi-level facility designed to support tenant needs across different business types, subject to applicable requirements and approvals.

Key Highlights

  • Renovated 3‑story, 2,200 SF commercial building with versatile space for multiple business uses
  • Construction materials: masonry
  • Heating includes heat pump and electric heating

Property Analytics

Current Use

Idaay Child Welfare Organization Institute for the Development of African ... Child Welfare Organization

Suggested Use

Top Pick Law Firm HVAC Service Electrical Service Skin Care Clinic Real Estate Agency Dental Office

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

NNN (Triple Net)
Lease Type
$2.70 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,159
Businesses Nearby

Demographics for 19131, PA

42,705
Population
22,826
Households
1.9
Avg Household Size
38
Median Age
30%
College-Educated
92%
High-School Grad
5.3 sq mi
ZIP Area
8,058
Density / Sq Mi
$46,057
Median Household Income
$40,052
Median Earnings
$1,312
Median Rent
$163,900
Median Home Value

Market

Vacancy Rate% for Office in Philadelphia, PA

14.2% 2019
14.1% 2020
16.2% 2021
19% 2022
20.5% 2023
19.6% 2024
19.7% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Office building - Renovated three-story building offering about 2,200 square feet for a range of commercial uses.
Where is this office building located?
The property is located at 4508 LANCASTER Avenue Philadelphia, PA.
What is the lease rate?
The lease rate is $3,300/Mo.
What are key features of this property?
This property features: Renovated 3‑story, 2,200 SF commercial building with versatile space for multiple business uses; Construction materials: masonry; Heating includes heat pump and electric heating
More about this property
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