4932-34 Lancaster Ave Philadelphia, PA 19131
This exceptional mixed-use property, situated at 4932-34 Lancaster Avenue in Philadelphia, Pennsylvania, presents a compelling investment opportunity. The 2,920 square foot building sits on a 0.09-acre lot and boasts a highly desirable location on Lancaster Avenue, conveniently close to the intersection of 49th and Kershaw Streets. The property comprises two street-level commercial storefronts, offering significant potential for retail or service businesses. Adding to its income-generating capabilities are two separate one-bedroom apartments located above the commercial spaces. This dual-income stream configuration provides a robust foundation for a strong return on investment. The property's prime location on a busy thoroughfare ensures high visibility and accessibility for both commercial tenants and apartment residents. The building's size and layout offer flexibility for a variety of uses and potential for expansion or renovation. This is an excellent opportunity for investors seeking a well-positioned, income-producing asset in a thriving Philadelphia neighborhood. The asking price is $399,900. Serious inquiries are encouraged. This property is being sold as-is.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.