Bought with Julian V Hinson • Ergo Real Estate Company
$247,500
$275,000
10.0%For more information regarding the value of a property, please contact us for a free consultation.
4311 LANCASTER AVE Philadelphia, PA 19104
1,865 Sqft Lot
Key Details
Sold Price $247,500
Property Type Commercial
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
MLS Listing ID PAPH2567340
Sold Date 08/28/26
Year Built 1915
Annual Tax Amount $1,327
Tax Year 2025
Lot Size 1,865 Sqft
Acres 0.04
Lot Dimensions 20.00 x 96.00
Property Sub-Type Mixed Use
Source BRIGHT
Property Description
Take full advantage of this prime spot on the Lancaster Ave commercial corridor with this CMX2 building that has a bilevel apartment above the first-floor retail/commercial space. Most recently used as a screenprint shop, the first floor runs street-to-street with direct access to 43rd St from the rear as well as the traditional storefront entrance on Lancaster Ave. Currently configured with the stairs to the residential unit in this space, the layout most easily lends itself to an owner-occupant live/work setup. The second floor has an elegant front parlor/bedroom with a private bathroom and original details like random-width pine floors, plaster crown molding, slate fireplace and a clawfoot tub. The third floor is in shell condition. Updates and improvements by the seller include electric main and subpanel replacement, new heater and some ductwork on the second floor, new storefront windows and electric rolldown gates. Lancaster Avenue is booming with development, including a new 49-unit mixed-use property on the block. The neighborhood is just a quick walk from Drexel University and the University of Pennsylvania, convenient to both SEPTA and I76, and also on the fringe of large-scale developments along University City's innovation corridor. The building is available alone or as a package with its neighbor at 4313.
Location
State PA
County Philadelphia
Area 19104 (19104)
Zoning CMX2
Interior
Hot Water Electric
Heating Forced Air
Cooling None
Heat Source Natural Gas
Exterior
Water Access N
Accessibility Other
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District The School District Of Philadelphia
Others
Tax ID 882933815
Ownership Fee Simple
Special Listing Condition Standard
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