5001 Lancaster Ave - Manufacturing FOR SALE


Philadelphia, PA 19131
$2,380,000 USD
267-230-0319
5001 Lancaster Ave, Philadelphia, PA for Sale
$2,380,000 USD
Manufacturing - FOR SALE
1/9
null | Request Cap Rate

5001 Lancaster Ave
Philadelphia, PA 19131


HIGHLIGHTS

  • The property is situated on the Northwest corner at the intersection of Lancaster Ave and N. 50th Street.
  • The interior of the property features two stories and basement.
  • The rear of the property along Merion Ave. has roughly 5,000 SF of parking and two loading docks.
  • ideally situated along the heavily trafficked commercial and industrial corridor of Lancaster Ave.
  • It's close proximity to new multi family residential developments, existing shopping centers and other industrial properties.

OVERVIEW

Mosaic Brokerage Group Commercial is pleased to present this opportunity to purchase 5001 Lancaster Ave. located in West Philadelphia. The property is situated on the Northwest corner at the intersection of Lancaster Ave and N. 50th Street. The interior of the property features two stories and basement , totaling 39,543 SF. All three levels can be accessed via a passenger elevator, freight elevator or two sets of stair cases. The exterior of the property boasts three street frontages, along Lancaster Ave., N. 40th St and Merion Ave. The rear of the property along Merion Ave. has roughly 5,000 SF of parking and two loading docks. The ICMX (Industrial Commercial Mixed Use) zoned property is ideally situated along the heavily trafficked commercial and industrial corridor of Lancaster Ave. It is equidistant from the major intersections of Lancaster Ave and 52nd St and Lancaster Ave and W. Girard Ave. It's close proximity to new multi family residential developments, existing shopping centers and other industrial properties allow for it to welcome a wide range of future uses.

FOR SALE DETAILS

PRICE

$2,380,000 USD

PRICE/SF

$60 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Manufacturing

ADD'L SUBTYPES

Warehouse

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1924

UTILITIES

Lighting - Incandescent, Gas - Natural, Water - City, Sewer - City, Heating - Gas

CLEAR CEILING HT

-

DOCKS

2

DRIVE INS

-

PARKING SPACES

19

LAND DETAILS

LAND ACRES

0.45

LAND SF

19,772

ZONING

ICMX

APN/PARCEL ID

884462220

ASK ABOUT THIS PROPERTY

Roderick WalkerMosaic Brokerage Group CommercialMore Info
267-230-0319

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Roderick WalkerMosaic Brokerage Group CommercialMore Info
267-230-0319

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