Philadelphia, PA 19104,4212-16 LANCASTER AVE

$490,000

$475,500

3.0%
Est.Price: ?

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Est. payment /mo

7,528 SqFt


SOLD DATE : 12/07/2023

Key Details

Sold Price $490,000

Property Type Commercial

Sub Type Mixed Use

Listing Status Sold

Purchase Type For Sale

Square Footage 7,528 sqft

Price per Sqft $65

MLS Listing ID PAPH2258322

Sold Date 12/07/23

Originating Board BRIGHT

Year Built 1915

Annual Tax Amount $5,319

Tax Year 2023

Lot Size 2,653 Sqft

Acres 0.06

Lot Dimensions 79.00 x 32.00

Property Description

Rare opportunity in one of Philly’s hot opportunity zones, the Belmont and Haverford neighborhoods. 7,500 sq ft plus basement, flat iron style corner building in need of a new owner-operator or landlord looking for a tenant with huge storefront exposure and additional residential rentals right on Lancaster Ave, one of the busiest thoroughfares in West Philadelphia. Flanked by new development on all sides, along with the CMX-2 zoning literally opens doors to many options. Great opportunity for an investor to add value, express their creativity and bring in a good income.

Location

State PA

County Philadelphia

Area 19104 (19104)

Zoning CMX2

Interior

Hot Water Natural Gas

Heating None

Cooling None

Heat Source Natural Gas

Exterior

Waterfront N

Water Access N

Accessibility None

Parking Type None

Garage N

Building

Sewer No Septic System, Public Sewer

Water Public

New Construction N

Schools

School District The School District Of Philadelphia

Others

Tax ID 882933675

Ownership Fee Simple

SqFt Source Assessor

Acceptable Financing Negotiable

Listing Terms Negotiable

Financing Negotiable

Special Listing Condition Standard

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Bright MLS (BMLS)
Listed by Nathan S Naness • Keller Williams Philadelphia
Bought with Lori Livingston • eXp Commercial
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