4317 Lancaster Ave, Philadelphia, PA 19104

Property Description

4317 Lancaster Avenue, is a ±7,582 SF development site with 60' of frontage on the Lancaster Avenue commercial corridor in West Philadelphia. Zoned CMX-2 (Commercial Mixed-Use), the site supports approximately 16 residential units by right, about 18 units with the green roof bonus, and up to roughly 22 units with the mixed-income housing bonus, with flexibility for ground-floor commercial. The property is also located in a Qualified Opportunity Zone, offering potential tax advantages for investors deploying capital gains. The site has 60' of frontage on Lancaster Avenue and 36' on 43rd Street, giving it strong visibility on a busy commercial corridor and a secondary street. The surrounding area has seen steady new construction and growth.