4323 Lancaster Ave. Philadelphia, PA ^$ 980,000

4323 Lancaster Ave.

^$ 980,000

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4323 Lancaster Ave.

Philadelphia, PA, 19104

^$ 980,000

Bedrooms-- Baths-- Sq 6,532

Monthly Estimate*

^$ 6,034

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Commercial Property for sale in Philadelphia, PA

for $980,000. This 6,532 square foot building was built in 1925 on a lot size of 0.11.

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.

Commercial Active

Price

^$ 980,000

Property Type

Commercial

Taxes

^$ 4,536

Style

Day Care Facility,Apartment Building,Restaurant/Ba

Lot Size

0.11

Year Built

1925

Town/City

Philadelphia

County/Region

Philadelphia

MLS | Web ID

PAPH2495326

Features

Interior

Heating Fuel Natural Gas

Hot Water Natural Gas

Heating Y/N Y

Central Air Y/N Y

General

Sewer Public Sewer

Heating Forced Air

Cooling Central A/C

Possession 0-30 Days CD

Zoning CMX2

Construction Materials Masonry

Year Built 1925

Property Subtype Mixed Use

Tax Year 2024

Ownership Fee Simple

Cool Fuel Electric

Municipality PHILADELPHIA

Business Type Day Care Facility Apartment Building Restaurant/Bar

Accessibility None

County PHILADELPHIA

New Construction N

Property Type Commercial Sale

Water Access Y/N N

Status ACTIVE

Directions Google Maps.

City PHILADELPHIA

Number Of Units Total 6

MLS Area 19104 (19104)

Lot Size Units Square Feet

Lot Size Square Feet 4800.00

Tax Annual Amount 4536.0

Price Per Sq Ft Total AG 150.03

Vacation Rental Y/N N

Standard Status Active

Year Built Source Assessor

Tax Lot 597

Exterior

Water Source Public

Type of Parking On Street

Water View Y/N N

Building Area Total 6532.00

Lot Dimensions 40.00 x 120.00

Lot Size Acres 0.11

Lot Size Source Assessor

Waterfront Y/N N

Land Assessed Value 64820.00

Navigable Water Y/N N

Water Oriented Y/N N

Internal Only

Street Number 1 4323

* Excluded Features

List By

Homesmart Realty Advisors

Broker

stevesooby@gmail.com

Affordability Calculator

$6,412

Per Month

Monthly Principal & Interest: $6,034
Monthly Property Taxes: $378
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Philadelphia, PA

Average List Price ^$1,098,514

Percent of Sale Price 12%

About Philadelphia, PA

1,588,239 Population

5% Since 2002

^$42,223 Median Income

36 Median Age

24% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

2136830 Elementary School

2137124 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
6/17/2025	$980,000		Listed Price

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4323 Lancaster Ave., Philadelphia, PA, 19104 is a Commercial Property for sale at $980,000 with 6,532 sqft and a lot size of 0.11. 4323 Lancaster Ave. was built in 1925. The property's zip code is 19104 which is in Philadelphia, PA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BrightMLS Broker Reciprocity^SM program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Weichert, Realtors® participates, and is provided by BrightMLS through a licensing agreement.

Real estate listings held by brokerage firms other than Weichert, Realtors® are marked with the Broker Reciprocity icon (a little black house) and detailed information about each listing includes the name of the listing broker.

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4323 Lancaster Ave.

Commercial Property for sale in Philadelphia, PA

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