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$1,250,000
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Property Description
A rare opportunity to acquire a high-visibility, multi-use commercial building on one of West Philadelphia's most active and rapidly evolving commercial corridors. Situated at the corner of Lancaster Avenue and 42nd Street, 4022-24 Lancaster Avenue offers 6,200 square feet of ground-floor commercial space with a full basement - purpose-built for high-volume operations and backed by a history of diverse commercial uses including a full-service grocery market, restaurant, and nightclub lounge. 6,200 SF ground floor + full basement + 1,000 SF second floor office 40' of frontage on Lancaster Avenue at 42nd Street CMX-2 zoning with broad permitted commercial uses Proven history as grocery, restaurant, and nightclub/lounge SEPTA Route 10 trolley on-site; walkable and transit-rich West Philadelphia submarket with strong development momentum
Full Property Details
Full Property Details for 4022 Lancaster Ave
General
- Price: $1,250,000
- Taxes: $2,914 (2025)
- Status: Active
- Type: Retail
- Source: BrightMLSPhilly
- MLS ID: PAPH2588356
- Updated: 3/19/2026
- Added to Site: 17 day(s) ago
Business
- Business Type: Other/General Retail
Parking
- Parking Type: On Street
Location
- Area: 19104 (19104)
- Municipality: PHILADELPHIA
- County: PHILADELPHIA
- Driving Directions: 4022-24 Lancaster Ave
Heating & Cooling
- Central air: Yes
- Cooling Type: Central A/C
- Cooling Fuel: Electric
- Heating Type: Central
- Heating Fuel: Natural Gas
- Water Heater: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Construction: Masonry
- Building Size: 6200
- Year Built: 1915
- Year Built Source: Assessor
Unit Information
- # Tenants: Single
Lot Features
- Lot Size (Acres): 0.12
- Lot Size (Sq. Ft.): 5,318
- Lot Size Source: Assessor
- Lot Dimensions: 40.00 x 133.00
- Zoning: CMX2
Financial Considerations
- Price Per Sq. Ft.: $201.61
- Assessment Year: 2025
- School Tax: $1,632
- City/TownTax: $1,282
- City/TownTax Freq: Annually
- County Tax Freq: Annually
- Tax w/Assessment: $208,200
- Tax Amount: $2,914
- Tax Year: 2025
Disclosures and Reports
- Ownership: Fee Simple
- Inclusions: personal property within the space
- Lot Number: 133
Listed by Keller Williams Main Line, Jon M O'Shea and KW Empower, Michael R. McCann
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Schools
Schools serving 4022 Lancaster Ave
School District:Philadelphia City School District
| Name | Grades | Distance |
|---|---|---|
Locke Alain School 4550 Haverford Avenue, Philadelphia, PA 19139 | K-8 | 0.5 mi |
West Philadelphia High School 4901 Chestnut Street, Philadelphia, PA 19139 | 9-12 | 0.9 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 4022 Lancaster Ave
Date
Details
Price
Change
Source
3/19/2026
Listed
$1,250,000
594.44%
MLS
2/13/2012
Sold
$180,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 4022 Lancaster Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$2,914
—
$208,200
—
2024
$2,914
5%
$208,200
5%
2023
$2,770
9%
$197,900
100%
2021
$2,535
-8%
-100%
2022
$2,770
9%
$197,900
9%
2020
$2,535
1%
$181,100
1%
2019
$2,517
-8%
$179,800
-8%
2018
$2,737
9%
$195,500
9%
2017
$2,520
—
$180,000
—
2016
$2,520
4%
$180,000
—
2015
$2,412
—
$180,000
—
2014
$2,412
-18%
$180,000
501%
2013
$2,927
—
$29,952
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 4022 Lancaster Ave
4022 Lancaster Avenue, Philadelphia, PA 19104 (MLS# PAPH2588356) is a Retail property. 4022 Lancaster Avenue is currently listed for $1,250,000 and was received on March 19, 2026. Want to learn more about 4022 Lancaster Avenue? Do you have questions about finding other Retail real estate for sale in Belmont? You can browse all Belmont real estate or contact a Coldwell Banker agent to request more information.

