Back to Search
4401-4427 Lancaster Ave
For Sale $975,000
$975,000
- 1 Units
- Unknown Sq Ft
- 10,084 Sq Ft
- Unknown Cap Rate
Description
Major Price Reduction – Now Offered at $975,000 | Prime Development Opportunity in West Philly's QOZ
Previously listed at $1.1 million, this rare 10,000+ sq ft corner development site is now available for $975,000 — a significant reduction for one of the most strategically located parcels in West Philadelphia.
Situated at the high-visibility corner of Lancaster Ave and Belmont Ave, this property serves as the gateway to West Philadelphia, connecting University City to City Line Ave. This CMX-2 zoned assemblage includes 4401, 4421, 4423, 4425, 4427 Lancaster Ave and 892–894 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 25–30 residential units with commercial on the ground floor
Corner lot with double frontage and strong walkability
Potential zoning bonuses for green roof and affordable housing set-aside
Located in a Qualified Opportunity Zone (QOZ), offering substantial tax advantages
Site is flat and cleared; former gas station tanks have been filled with sand
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
Why QOZ Matters:
Defer capital gains tax until 2026
Reduce gains if held 5–7 years
Pay zero tax on appreciation if held for 10+ years
This is a perfect opportunity for developers or investors seeking to capitalize on the growth of West Philadelphia with a shovel-ready vision in a booming corridor. The surrounding area is seeing ongoing commercial and residential development — this site puts you right in the mix.
Zoning analysis, preliminary architectural work, and proforma available upon request.
New Price: $975,000 (Previously $1.1M)
Delivered as-is. Buyer responsible for due diligence.
Amenities
Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt
Property Details
| List Price | $975,000 |
| Property Type | Flex Space |
| Usable Sqft | Unknown |
| Number of Stories | 0 stories |
| Parking Spots | 0 spots |
| Year Built | 1915 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| APN # | 882933865 |
| MLS # | PAPH2394438 |
| Property ID | 320145193 |
| Lot Sqft | 10,084 |
| Zoning | CMX2 |
| Total Units | 1 |
| Days on Market | 522 |
| Original List Price | Unknown |
| Date Updated | February 03, 2026 |
| Date Created | September 08, 2024 |
Financials not available online. Please inquire with your agent for more details.
Listing Provided By
Justin Jarrell James an agent of . Lic #RS345750
© 2026 Copyright BRIGHT, All Rights Reserved
The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement.
The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Some properties which appear for sale on this website may no longer be available because they are under contract, have Closed or are no longer being offered for sale.
Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller.
This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.
BRIGHT MLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors.
Information Deemed Reliable But Not Guaranteed
Data last updated: February 12, 2026.
Contact Agent
Schedule Appointment
Showing Agent
Loading agent...
- 30 mins
- America/Phoenix
Sun
Mon
Tue
Wed
Thu
Fri
Sat
Robert Crawford
REAL ESTATE AGENT