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$ 950,000
Est. payment | /mo
5,003 Sqft Lot
$ 950,000
Est. payment | /mo
5,003 Sqft Lot
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Lot Size 5,003 Sqft
MLS Listing ID PAPH2575118
Total Units 6
Short Sale No
Originating MLS BRIGHT
Property Description
Rare opportunity to acquire a large-scale CMX-2 mixed-use asset along the rapidly evolving Lancaster Avenue corridor, offering approximately 8,000 square feet across six income-generating spaces. The property consists of four residential apartments — all currently occupied — including two 3-bedroom units, one 2-bedroom unit, and one 1-bedroom unit, each featuring modern, rent-ready interiors designed for durability and long-term tenant appeal. The ground level includes two commercial spaces, highlighted by an established gym tenant operating under a multi-year lease, alongside an approximately 1000 SF office space delivered vacant, providing flexibility for an owner-user or a lease-up opportunity. Low annual taxes contribute to efficient operating expenses, while CMX-2 zoning offers long-term versatility. Positioned directly adjacent to a newly constructed 2025 multifamily development, the property benefits from continued investment and corridor growth. With diversified income streams, scale rarely found in similar offerings, and near-term upside through commercial lease-up and residential optimization, this property presents a compelling acquisition for investors seeking stabilized cash flow with future appreciation potential.
Location
State PA
County Philadelphia
Area 19131 (19131)
Zoning CMX2
Interior
Hot Water Natural Gas
Heating Forced Air
Cooling Central A/C
Heat Source Natural Gas
1-purchase type For Sale
Exterior
Waterfront N
Water Access N
Accessibility None
Parking Type On Street
Building
New Construction N
Lot Dimensions 1.00 x 5003.00
Sewer Public Sewer
Water Public
Schools
School District Philadelphia City
Others
Tax Amount $5,030
Tax Year 2025
Tax ID 871067910
Ownership Fee Simple
Special Sale Standard
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Listed by Kyle Carmona • Trophy Commercial Real Estate LLC
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