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5001 Lancaster Ave 22,151 SF Vacant Industrial Building Philadelphia, PA 19131 $2,250,000 ($101.58/SF)
Investment Highlights
- Dedicated secured lot with fencing provides safe vehicle and merchandise storage, plus convenient loading access for operations
- Flexible space suitable for manufacturing, warehousing, distribution, light assembly, or logistics operations
- Established industrial corridor with excellent visibility and accessibility for commercial traffic; proximity to major transportation routes
Executive Summary
5001 Lancaster Avenue is fully vacant and presents a highly versatile flex industrial opportunity in West Philadelphia with strong visibility and convenient access. The property offers a functional mix of warehouse and office space that can accommodate a wide range of uses including distribution, light manufacturing, creative workspace, or showroom.
Well suited for investors, owner-users, or developers, the asset provides immediate usability with the potential for in-place income as well as long-term upside through lease-up, repositioning, or redevelopment.
Well suited for investors, owner-users, or developers, the asset provides immediate usability with the potential for in-place income as well as long-term upside through lease-up, repositioning, or redevelopment.
Property Facts
| Price | $2,250,000 | Rentable Building Area | 22,151 SF |
| Price Per SF | $101.58 | No. Stories | 2 |
| Sale Type | Investment or Owner User | Year Built | 1924 |
| Sale Condition | High Vacancy Property | Parking Ratio | 0.86/1,000 SF |
| Property Type | Industrial | No. Dock-High Doors/Loading | 2 |
| Property Subtype | Manufacturing | Cross Streets | 50th St |
| Building Class | C | Opportunity Zone |
Yes
|
| Lot Size | 0.42 AC | ||
| Zoning | ICMX | ||
| Price | $2,250,000 |
| Price Per SF | $101.58 |
| Sale Type | Investment or Owner User |
| Sale Condition | High Vacancy Property |
| Property Type | Industrial |
| Property Subtype | Manufacturing |
| Building Class | C |
| Lot Size | 0.42 AC |
| Rentable Building Area | 22,151 SF |
| No. Stories | 2 |
| Year Built | 1924 |
| Parking Ratio | 0.86/1,000 SF |
| No. Dock-High Doors/Loading | 2 |
| Cross Streets | 50th St |
| Opportunity Zone |
Yes |
| Zoning | ICMX |
Amenities
- Fenced Lot
- Security System
- Air Conditioning
- Smoke Detector
Utilities
- Lighting - Incandescent
- Gas - Natural
- Water - City
- Sewer - City
- Heating - Gas
Moderately walkable
70/100
Moderately drivable
60/100
Strong public transit
80/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 884462220 | Improvements Assessment | $685,300 |
| Land Assessment | $293,700 | Total Assessment | $979,000 |
Property Taxes
Parcel Number
884462220
Land Assessment
$293,700
Improvements Assessment
$685,300
Total Assessment
$979,000
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