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Renovated Three-Story Retail Space
For Lease
$3,100/Mo

4508 LANCASTER Avenue, Philadelphia, PA 19131

CommercialLease, PHILADELPHIA, PA

Space Size2,200 SF
Lot Size0.03 Acres
Days on Market75

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 Electric (Heating), Heat Pump (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: Aug 20 Last Checked: Sep 5 at 8:06PM
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 three-story masonry retail property was built in 1920 and has been renovated for commercial occupancy. Building systems include electric heating, heat pump heating, heat pump cooling, and central air conditioning. On-street parking is available.

The property is positioned on Lancaster Avenue in Philadelphia, with access to the trolley line and the surrounding University City area. The address places the space within a transit-served commercial corridor suitable for retail-oriented occupancy and other commercial applications identified for the property.

Key Highlights

  • Renovated three‑story masonry retail property
  • Built in 1920
  • Central air conditioning and heat pump cooling

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
$2.54 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,372
Businesses Nearby
27k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 56% Shops & Services 44%
Checkers Dining
15,034 visits/mo 0.3 miles
Dollar General Shops & Services
9,664 visits/mo 0.2 miles
Compass Self Storage Shops & Services
1,304 visits/mo 0.4 miles
Global Gas Shops & Services
736 visits/mo 0.1 miles

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

Lease Benchmarks for Philadelphia, PA

$25.21 /SF/Yr
Avg Asking Price
$3.32–$100 /SF/Yr
Price Range
6,858 SF
Avg Space Size

This space is priced 33% below the average of $25.21 /SF/Yr.

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
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Masonry commercial building with central air, heat pump systems, and on-street parking along Lancaster Avenue.
Where is this retail space located?
The property is located at 4508 LANCASTER Avenue Philadelphia, PA.
What is the lease rate?
The lease rate is $3,100/Mo.
What are key features of this property?
This property features: Renovated three‑story masonry retail property; Built in 1920; Central air conditioning and heat pump cooling
More about this property
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