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540-940-7772
Ascendancy Homes
4401-4427 Lancaster Ave, Philadelphia, PA 19104
- $875,000
- List Price
- $875,000
- Price Change
- ▼ $100,000 1784143996
- Days on Market
- 274
- Status
- ACTIVE
- MLS#
- PAPH2583202
- Lot Size (Acres)
- 0.23
- Style
- Other
- Year Built
- 1915
- County
- Philadelphia
- School District
- The School District Of Philadelphia
Property Description
Development Opportunity in West Philadelphia's Qualified Opportunity Zone. Offered at $875,000. A 10,000+ sq ft corner development site at Lancaster Ave and Belmont Ave, connecting University City to City Line Ave. This CMX-2 zoned assemblage includes 4401, 4421, 4423, 4425, 4427 Lancaster Ave and 892 to 894 Belmont Ave, totaling approximately 10,084 sq ft of land. Development Highlights: CMX-2 zoning allows for by right mixed use development. Conceptual plans for 25 to 30 residential units with commercial on the ground floor. Corner site with double frontage and strong walkability. Potential zoning bonuses for green roof and affordable housing set aside. Located in a Qualified Opportunity Zone. Buyers should consult their own tax advisor. Transit Oriented Location: Immediate access to SEPTA trolley and bus routes. Minutes to University City, Center City and the Main Line. Easy access to Route 1, City Ave and I-76. The property is not entitled and the site is not cleared. Conceptual plans are concepts only and have not been approved. Zoning analysis, preliminary architectural work and proforma available upon request. Delivered as is. Buyer is responsible for their own due diligence.
Additional Information
- Area
- 19104 (19104)
- Subdivision
- Mantua
- School District
- The School District Of Philadelphia
- High School
- Overbrook
- View
- Street
- Heating
- Forced Air
- Cooling
- Central Air
- Roof
- Flat
- Utilities
- Sewer Available, Water Available
- Water
- Public
- Sewer
- Public Sewer
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Listing courtesy of KW Empower. Contact: