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3946-3948 Lancaster Ave
Philadelphia, PA 19104
Retail Property For Sale

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Executive Summary

40th & Lancaster Ave in Phila mixed use building is in the University City area.
Being sold with 3948 Lancaster Ave the storefront space has a permitted walk thru to 3948 Lancaster Ave retail space and was recently renovated which opens up additional business opportunities. There is a nice backyard outdoor space which also opens up additional business opportunities.
There is a income producing four bedroom apartment space on the upper floors which can be rented ( possible college student rentals) or owner occupied.

Property Facts Under Contract

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
5,546 SF
Building Class
C
Year Built
1915
Price
$1,050,000
Price Per SF
$189.33
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Building FAR
1.33
Lot Size
0.10 AC
Opportunity Zone
Yes
Zoning
CMX-2 - In Philadelphia, CMX-2 zoning designates neighborhood-serving commercial mixed-use areas
Frontage
28’ on Lancaster Avenue

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 871530550
  • 871530540
Land Assessment
$172,960
Improvements Assessment
$691,840
Total Assessment
$864,800
  • Listing ID: 36673939

  • Date on Market: 7/10/2025

  • Last Updated:

  • Address: 3946-3948 Lancaster Ave, Philadelphia, PA 19104

Contact the Sale Advisor

3946-3948 Lancaster Ave

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