$56.46 Per Sq Foot $2,281 est/mo Sourced by Back At You

4212-16 Lancaster Ave,Philadelphia, PA 19104

Philadelphia PA, 19104

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Description

Amazing development opportunity nestled away within a Federal Qualified Opportunity Zone, this gem awaits on Lancaster Ave's bustling commercial strip. Positioned in West Philly's sought-after Haverford neighborhood, this 7,500 Sq/Ft corner building, reminiscent of flat iron style architecture, beckons a visionary owner. Boasting expansive storefront exposure and additional residential rentals along Lancaster Ave, the heartbeat of West Philadelphia, it promises unrivaled opportunity. Surrounded by burgeoning development and blessed with CMX-2 zoning, this property offers boundless potential. An investor's dream, it invites the infusion of creativity to elevate value and reap substantial income rewards. The rooftop rights are reserved by others via easement and will not transfer to new owner. Boasting an impressive Walk Score of 83, most daily errands can be easily accomplished without relying on a car. With a Transit Score of 70, convenient public transportation options are available for most journeys, while a Bike Score of 82 highlights the abundant biking infrastructure. Indulge in nearby culinary delights at restaurants like Imperial Caribbean and Seafood, Lavish, and Hubies Southern Style Cuisine. Education options abound with Martha Washington School, St. Ignatius of Loyola, and Belmont Charter School in close proximity. Grocery shopping is a breeze with Sunshine Food Market, Quick & Quality, and Las 7 P Mini Market nearby. Enjoy easy access to public transportation with the Lancaster Ave & 42nd St stop just two minutes away from bus routes such as the 10 13th-Market to 63rd-Malvern and the 43 Richmond-Cumberland to 50th-Parkside. Take a stroll through nearby green spaces like Lee Park, Durham Park, and Durham Park. Don't miss your chance to explore this vibrant neighborhood schedule your visit today!

Details

MLS#PAPH2347058
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1915
Days On Site13
Listing Provided ByRE/MAX @ HOME | Maria Maria Quattrone Quattrone

Features

SQ Feet7,528
ZoningCMX-2
Acreage0.06
Property ViewYes

Market Activity 19104

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Listings Checked: 4 minutes ago
StatePA
CountyPhiladelphia
CityPhiladelphia
Zip Code19104
Area19104
Community NameNone Available
School DistrictThe School District Of Philadelp
Listing VS Median (in None Available)
Price:
$425,000
low | high
Med:
$359,000
65.529411764706% of Average
SqFt:
7,528
low | high
Med:
2,809
100% of Average
$ / SqFt:
$56
low | high
Med:
$161
100% of Average
On Site:
13
low | high
Med:
50.5
25.742574257426% of Average
Sourced by Back At You
Listing Updated: May 8, 2024 at 6:02:55 PM PDT