This exceptional 39,543-square-foot industrial property, located at 5001 Lancaster Avenue in Philadelphia, Pennsylvania (zip code 19131), presents a significant investment opportunity. The building, featuring a mix of flex and warehouse space, is currently vacant and offers substantial potential for a variety of uses. The property boasts three street frontages along Lancaster Avenue, North 50th Street, and Merion Avenue, providing excellent visibility and accessibility. The rear of the property includes approximately 5,000 square feet of parking and two loading docks. The interior comprises three levels—a first floor, second floor, and basement—each accessible via a passenger elevator, freight elevator, and two staircases. Floor plans show approximately 13,124 square feet on the first floor, 13,127 square feet on the second floor, and 13,292 square feet in the basement. Ceiling heights range from 15 to 18 feet. The property is zoned ICMX (Industrial Commercial Mixed Use), allowing for diverse development options. Its prime location along a heavily trafficked commercial and industrial corridor, near residential developments and shopping centers, makes it an attractive prospect for a wide range of businesses. The asking price is $2,380,000, translating to $60.19 per square foot. This property offers a unique blend of functionality, location, and potential, making it an ideal investment for discerning buyers.
Highlights
13,124 SF first floor, 13,127 SF second floor, and 13,292 SF basement.
98' of frontage on Lancaster Avenue, 98' on Merion Avenue, and 186' on North 50th Street.
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The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
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5001 Lancaster Ave
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