4311 LANCASTER AVENUE, PHILADELPHIA, PA 19104
PHILADELPHIA County
Key Facts
Description
Take full advantage of this prime spot on the Lancaster Ave commercial corridor with this CMX2 building that has a bilevel apartment above the first-floor retail/commercial space. Most recently used as a screenprint shop, the first floor runs street-to-street with direct access to 43rd St from the rear as well as the traditional storefront entrance on Lancaster Ave. Currently configured with the stairs to the residential unit in this space, the layout most easily lends itself to an owner-occupant live/work setup. The second floor has an elegant front parlor/bedroom with a private bathroom and original details like random-width pine floors, plaster crown molding, slate fireplace and a clawfoot tub. The third floor is in shell condition. Updates and improvements by the seller include electric main and subpanel replacement, new heater and some ductwork on the second floor, new storefront windows and electric rolldown gates. Lancaster Avenue is booming with development, including a new 49-unit mixed-use property on the block. The neighborhood is just a quick walk from Drexel University and the University of Pennsylvania, convenient to both SEPTA and I76, and also on the fringe of large-scale developments along University City’s innovation corridor. The building is available alone or as a package with its neighbor at 4313.
Property Information
Property Type
Commercial Sale
Sub-Type
Mixed Use
Year Built
1915
Living Area
3,720 sq ft
Lot Size
0.04 acres
Lot Dimensions
20.00 x 96.00
Zoning
CMX2
Days on Market
135
MLS® Listing#
PAPH2567340
Property Features
- Appliances:
- Electric Water Heater
- Cooling:
- None
- Heating:
- Natural Gas, Forced Air
- Parking:
- On Street
- Sewer:
- Public Sewer
- Water Source:
- Public
Schools
- District:
- THE SCHOOL DISTRICT OF PHILADELPHIA
HOA & Tax
- Annual Tax:
- $1,327 (2025)
- Assessed Value:
- $94,800
- Parcel #:
- 882933815
Directions
43rd St to Lancaster Ave
Affordability Calculator
$55,000
Estimated monthly payment
$1,464/mo
Principal $220,000 · Est. interest $306,920 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in PHILADELPHIA, PA
- $302,739
- Median Listing Price
- 84
- Median Days on Market
- 1,335
- Median Sq Ft
- $199
- Median Price / Sq Ft
- 5,985
- Active Listings
- This home’s price is 9% below the area median.
- Its price per sq ft is 63% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in PHILADELPHIA, PA.
Location
- 4311 LANCASTER AVENUE, PHILADELPHIA, PA 19104
Nearby Schools
Philadelphia Learning Academy South High School
Secondary · 0.1 mi away
Es Miller School
School · 0.1 mi away
Martha Washington School
Elementary · 0.1 mi away
Belmont Academy Charter School
School · 0.3 mi away
Belmont Charter School
School · 0.3 mi away
Our Mother of Sorrows/St. Ignatius of Loyola
School · 0.3 mi away
mosque Quba
School · 0.4 mi away
Middle Years Alternative
Secondary · 0.4 mi away
Parkway West High School
Secondary · 0.4 mi away
Creative World Christian Academy
School · 0.4 mi away
Blankenburg Elementary School
Elementary · 0.4 mi away
Alain Locke School
Elementary · 0.4 mi away
Our Mother of Sorrows School
School · 0.5 mi away
Inquiry Charter School
Elementary · 0.5 mi away
James Rhoads Elementary School
Elementary · 0.5 mi away
School of the Future
Secondary · 0.5 mi away
Jyk Discovery Charter School
Elementary · 0.6 mi away
Mill Creek School
School · 0.6 mi away
Moder Patshala
School · 0.7 mi away
Overbrook School for the Blind
School · 0.7 mi away
Commute Calculator
Nearby Homes
Moving Cost Estimate
EXIT Agents in PHILADELPHIA
Listing Courtesy: Elfant Wissahickon-Rittenhouse Square - 2158939920