6,839 Sqft Lot
6,839 Sqft Lot
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID PAPH2676442
Year Built 1925
Annual Tax Amount $4,132
Tax Year 2027
Lot Size 6,839 Sqft
Acres 0.16
Property Sub-Type Mixed Use
Source BRIGHT
Property Description
Endless Potential for Supermarkets and Restaurateurs
The standout feature of this package is its massive physical scale, making it uniquely suited for a neighborhood supermarket, specialty grocery store, or a destination sit-down restaurant with adjoining retail. The ground-floor retail spaces provide wide-open square footage, excellent street frontage, and steady visibility along a heavily traveled commercial corridor. If you have been searching for the ideal venue to launch, expand, or relocate a major food or retail business near University City, this is the prime location to build your brand.
Live-Work Convenience and Multi-Unit Layout
Designed for ultimate convenience and maximized income generation, the property combines expansive commercial capacity with versatile upper-level residential units:
• 4144 & 4142 Lancaster Avenue: Each building features a large ground-floor commercial storefront (ideal for retail or food service operations) paired with a comfortable residential apartment on the second floor.
• 4140 Lancaster Avenue, is also for sale: Comprises a ground-floor storefront space complemented by two residential apartments on the upper levels.
Business owners can seamlessly occupy one of the second-floor apartments for convenient on-site living, while leasing out the remaining residential units to generate immediate supplemental rental income. Alternatively, investors can lease the entire portfolio for a diversified multi-tenant commercial and residential income stream.
Location & Strategic Advantage
Situated in a densely populated, rapidly growing submarket, these properties benefit from heavy local pedestrian foot traffic, strong vehicular exposure, and easy access to public transit routes. Proximity to major academic institutions, medical hubs, and Center City ensures a steady, built-in customer base eager for local retail and culinary options.
Location
State PA
County Philadelphia
Area 19104 (19104)
Zoning CMX2
Interior
Hot Water Electric, Natural Gas
Cooling None
Heat Source None
Exterior
Garage Spaces 1.0
Water Access N
Accessibility 32\"+ wide Doors
Total Parking Spaces 1
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District The School District Of Philadelphia
Others
Tax ID 871065750
Ownership Fee Simple
Special Listing Condition Standard, Other
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