About 4323 Lancaster Ave.
4323 Lancaster Avenue presents a fully leased mixed use property offering a strong and stable investment opportunity in the heart of West Philadelphia along the Lancaster Avenue corridor. Situated close to the University of Pennsylvania, Drexel University, and Penn Presbyterian Medical Center, the property offers convenient access to Center City via the Route 10 trolley. The building includes four stabilized units: two spacious commercial spaces, each over 1,500 square feet, currently occupied by a restaurant and a daycare, both under triple net lease agreements, and two residential apartments, each featuring one bedroom and one bathroom. This well-balanced unit mix offers both residential and commercial income streams, and the property generates over $87,000 in annual net operating income.
Features of 4323 Lancaster Ave.
| MLS® # | PAPH2495326 |
|---|---|
| Price | $980,000 |
| Bathrooms | 0.00 |
| Square Footage | 6,532 |
| Acres | 0.11 |
| Year Built | 1925 |
| Type | Commercial Sale |
| Sub-Type | Mixed Use |
| Status | Active |
Community Information
| Address | 4323 Lancaster Ave. |
|---|---|
| Area | 19104 |
| City | PHILADELPHIA |
| County | PHILADELPHIA-PA |
| State | PA |
| Municipality | PHILADELPHIA |
| Zip Code | 19104 |
Amenities
| Is Waterfront | No |
|---|
Interior
| Heating | Forced Air |
|---|---|
| Cooling | Central A/C |
| Has Basement | No |
| Fireplace | No |
School Information
| District | PHILADELPHIA CITY |
|---|
Additional Information
| Date Listed | June 17th, 2025 |
|---|---|
| Days on Market | 120 |
| Zoning | CMX2 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | HomeSmart Realty Advisors |
|---|---|
| Contact Info | 2156041191 |