4029, 4031, 4033 LANCASTER AVE Coming Soon Save Request In-Person Tour Request Virtual Tour
Philadelphia,PA 19104
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Coming Soon
Purchase Type For Sale
MLS Listing ID PAPH2556084
Year Built 1915
Available Date 2025-11-13
Annual Tax Amount $989
Tax Year 2025
Lot Size 1,206 Sqft
Acres 0.03
Lot Dimensions 18.00 x 66.00
Property Sub-Type Mixed Use
Source BRIGHT
Property Description
Prime redevelopment or owner-user opportunity in University City / West Powelton.
4029–4033 Lancaster Avenue, Philadelphia, PA 19104
This offering includes three contiguous parcels totaling 2,920 SF of land, featuring a 2,539 SF three-story mixed-use building at 4029 Lancaster Avenue and two adjacent paved lots at 4031 and 4033 Lancaster Avenue. The corner location at Lancaster and Wallace offers excellent visibility and frontage on a high-traffic commercial corridor.
The first floor is currently built out as a long-standing jewelry store with 35 years of history. The 2nd and 3rd floors contain two apartments in need of full renovation, providing a strong value-add opportunity for investors or owner-occupants seeking additional rental income.
The property includes a private parking lot—a rare amenity in this submarket—that could also support future development or expansion. Zoning is CMX-2 (Neighborhood Commercial Mixed-Use), allowing for a wide range of retail, residential, and office uses.
Located within steps of SEPTA bus and trolley routes, this property benefits from excellent public transportation access and strong proximity to University City, Drexel University, and the Penn health and research campuses.
Offered as-is, this property provides an affordable entry point or redevelopment opportunity in one of Philadelphia's most dynamic and rapidly evolving commercial corridors.
Location
State PA
County Philadelphia
Area 19104 (19104)
Zoning CMX2
Interior
Hot Water Natural Gas
Heating Central
Cooling Central A/C
Inclusions fixtures
Heat Source Natural Gas
Exterior
Garage Spaces 4.0
Water Access N
Accessibility None
Total Parking Spaces 4
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Philadelphia City
Others
Tax ID 882929280
Ownership Fee Simple
Special Listing Condition Standard