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Key Details
Sold Price $249,000
Property Type Commercial
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
Square Footage 3,760 sqft
Price per Sqft $66
MLS Listing ID PAPH2357314
Sold Date 07/22/24
Originating Board BRIGHT
Year Built 1915
Annual Tax Amount $1,367
Tax Year 2022
Lot Size 2,862 Sqft
Acres 0.07
Lot Dimensions 26.00 x 106.00
Property Description
Well-Maintained Building with Prime Development Potential.
Welcome to 4014 Lancaster Avenue, a 1-story building nestled in the heart of vibrant West Philly. This distinguished property, formerly a family-owned apothecary, presents a unique opportunity for investors seeking to make their mark on Philadelphia's thriving real estate landscape.
Boasting a generous footprint of 26 feet by 70 feet, the building itself is in exceptional condition, a testament to its storied past and the care it has received over the years. With its solid structure and well-preserved façade, this property serves as a canvas ripe for transformation.
With the groundwork already laid, the prospect of adding residential units atop the existing structure presents an enticing opportunity for expansion and innovation. Imagine the potential for stylish loft apartments or contemporary condominiums, each offering a unique urban living experience in one of Philadelphia's most dynamic neighborhoods.
Beyond its potential for development, 4014 Lancaster Avenue enjoys a coveted location in West Philly, a vibrant community known for its history, cultural diversity, and on-going development. Residents will find themselves immersed in a tapestry of eclectic shops, eateries, and artistic hubs, all within arm's reach of their doorstep.
Whether you're an astute investor seeking your next venture or a developer with a vision for transformation, this property beckons with promise and possibility.
Schedule your showing today and seize this fantastic opportunity.
Location
State PA
County Philadelphia
Area 19104 (19104)
Zoning CMX2
Interior
Hot Water Natural Gas
Heating Central
Cooling Central A/C
Heat Source Natural Gas
Exterior
Water Access N
Accessibility 36\"+ wide Halls
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District The School District Of Philadelphia
Others
Tax ID 882933580
Ownership Fee Simple
SqFt Source Assessor
Special Listing Condition Standard
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Bought with Richard Shane • RE/MAX Services