5001 Lancaster Ave 39,543 SF Vacant Industrial Building Philadelphia, PA 19131 $2,380,000 ($60.19/SF)

Mosaic Brokerage Group Commercial is pleased to present this opportunity to purchase 5001 Lancaster Ave. located in West Philadelphia. The property is situated on the Northwest corner at the intersection of Lancaster Ave and N. 50th Street. The interior of the property features two stories and basement , totaling 39,543 SF. All three levels can be accessed via a passenger elevator, freight elevator or two sets of stair cases. The exterior of the property boasts three street frontages, along Lancaster Ave., N. 40th St and Merion Ave. The rear of the property along Merion Ave. has roughly 5,000 SF of parking and two loading docks.

The ICMX (Industrial Commercial Mixed Use) zoned property is ideally situated along the heavily trafficked commercial and industrial corridor of Lancaster Ave. It is equidistant from the major intersections of Lancaster Ave and 52nd St and Lancaster Ave and W. Girard Ave. It's close proximity to new multi family residential developments, existing shopping centers and other industrial properties allow for it to welcome a wide range of future uses.