4518 LANCASTER AVE, Philadelphia, PA 19131
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Listed by Kyle Carmona • Trophy Commercial Real Estate LLC
$ 950,000
Est. payment | /mo

5,003 Sqft Lot


Save
$ 950,000
Est. payment | /mo
Save

5,003 Sqft Lot

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

MLS Listing ID PAPH2575118

Year Built 1915

Annual Tax Amount $5,030

Tax Year 2025

Lot Size 5,003 Sqft

Acres 0.11

Lot Dimensions 1.00 x 5003.00

Property Sub-Type Mixed Use

Source BRIGHT

Property Description

Rare opportunity to acquire a large-scale CMX-2 mixed-use asset along the rapidly evolving Lancaster Avenue corridor, offering approximately 8,000 square feet across six income-generating spaces. The property consists of four residential apartments — all currently occupied — including two 3-bedroom units, one 2-bedroom unit, and one 1-bedroom unit, each featuring modern, rent-ready interiors designed for durability and long-term tenant appeal. The ground level includes two commercial spaces, highlighted by an established gym tenant operating under a multi-year lease, alongside an approximately 1000 SF office space delivered vacant, providing flexibility for an owner-user or a lease-up opportunity. Low annual taxes contribute to efficient operating expenses, while CMX-2 zoning offers long-term versatility. Positioned directly adjacent to a newly constructed 2025 multifamily development, the property benefits from continued investment and corridor growth. With diversified income streams, scale rarely found in similar offerings, and near-term upside through commercial lease-up and residential optimization, this property presents a compelling acquisition for investors seeking stabilized cash flow with future appreciation potential.

Location

State PA

County Philadelphia

Area 19131 (19131)

Zoning CMX2

Interior

Hot Water Natural Gas

Heating Forced Air

Cooling Central A/C

Heat Source Natural Gas

Exterior

Water Access N

Accessibility None

Garage N

Building

Sewer Public Sewer

Water Public

New Construction N

Schools

School District Philadelphia City

Others

Tax ID 871067910

Ownership Fee Simple

Special Listing Condition Standard

Bright MLS (BMLS)

Nearby Locations

Arshia Kia

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(571) 276-1206

arshia.kia@exprealty.com

2000 Duke St, Suite 300, Alexandria

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4518 LANCASTER AVE