4932-34 Lancaster Ave Philadelphia, PA 19131
- Mixed-use properties
- 2,920 SF
- 0.09 lot acres
Current Use by Public Records
- Mixed-use properties
Property Details for 4932-34 Lancaster Ave
- Year built
- 1954
- Lot size
- 0.09 lot acres
- Property size
- 2,920 SF
- Property type
- Mixed-use properties
Description
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.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Philadelphia
- County
- Philadelphia
- State
- Pennsylvania
- Longitude
- -75.2209
- Latitude
- 39.9743
