3820 Lancaster Ave - Storefront Retail/Residential FOR SALE


Philadelphia, PA 19104- Powelton
$1,100,000 USD
267-446-9133
3820 Lancaster Ave, Philadelphia, PA for Sale
$1,100,000 USD
Storefront Retail/Residential - FOR SALE
1/2
null | Request Cap Rate

3820 Lancaster Ave
Philadelphia, PA 19104
Powelton


OVERVIEW

Introducing 3820 Lancaster Avenue, a turnkey mixed-use investment opportunity in the heart of University City, just steps from Drexel University’s campus. The ground floor is occupied by Gaetano’s Pizza & Steaks, a well-established and recognizable neighborhood staple providing consistent commercial presence and strong street-level visibility along the highly trafficked Lancaster Avenue corridor. Above the commercial space are three residential units, offering an excellent and diverse unit mix: (1) One-bedroom, one-bath unit (1) Studio apartment (1) Two-bedroom, two-bath unit This thoughtful configuration appeals directly to the strong and consistent rental demand driven by Drexel University, University of Pennsylvania, and the surrounding medical and academic institutions. Located in one of Philadelphia’s most dynamic and rapidly growing neighborhoods, the property benefits from: Immediate proximity to Drexel University Easy access to UPenn and major hospitals Walkability to retail, dining, and public transportation Strong student and young professional rental pool 3820 Lancaster Ave presents an exceptional opportunity for investors seeking stable mixed-use income in a high-demand University City location. For additional information or to schedule a tour, please contact our team.

FOR SALE DETAILS

PRICE

$1,100,000 USD

PRICE/SF

$221 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

3820 Lancaster

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1920

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.06 AC

LAND SF

2,479 SF

ZONING

CMX2

APN/PARCEL ID

871400290

ASK ABOUT THIS PROPERTY

Shawn WitterStamm Development GroupMore Info
267-446-9133

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Shawn WitterStamm Development GroupMore Info
267-446-9133

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.