4311-13 Lancaster Avenue

Description

Take full advantage of this prime spot on the Lancaster Ave commercial corridor with these side-by-side buildings. Ideally a single-tenant building, 4311 has a bilevel apartment above the first-floor retail/commercial space, which was most recently used as a screenprint shop. This full-floor space runs street-to-street with direct access to 43rd St from the rear as well as the traditional storefront entrance on Lancaster Ave. Currently configured with the stairs to the residential unit in this space, the layout most easily lends itself to an owner-occupant live/work setup, with a nice second floor space with potential to further customize and a third floor in need of total renovation. Updates and improvements in this building include electric main and subpanel replacement, new storefront windows and electric rolldown gates. Configured as a duplex, 4313 has a downright gorgeous, totally turnkey first-floor storefront featuring a new glass storefront facade, stunning original tin ceiling, newly installed oak floors, mini-splits for zoned heating and cooling, a stylish ADA-compliant half bathroom and direct access to the rear outdoor space; there is a separate bilevel apartment in shell condition above. Recent updates and improvements in this building include electric main and subpanel replacement and all new wiring on the first floor. Lancaster Avenue is booming with development, including a new 49-unit mixed-use property on the block. The neighborhood is just a quick walk from Drexel University and the University of Pennsylvania, convenient to both SEPTA and I76, and also on the fringe of large-scale developments along University City’s innovation corridor. The properties are also available separately (see MLS numbers PAPH2567340 and PAPH2569178).