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$249,000
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Property Description
Development Opportunity on Busy Lancaster Corridor Exceptional development opportunity along the highly traveled Lancaster corridor. This three-story mixed-use commercial property is ready for a complete rehabilitation, offering endless possibilities for investors, developers, and business owners. Whether you're envisioning retail, office, residential units, or a mixed-use redevelopment, this property provides the flexibility to bring your vision to life in a high-visibility location with strong traffic exposure. Drive-by only. Please do not enter the property without prior authorization.
Full Property Details
Full Property Details for 4245 Lancaster Ave
General
- Price: $249,000
- Taxes: $1,160 (2024)
- Status: Active
- Type: Commercial
- Source: BrightMLSPhilly
- MLS ID: PAPH2645824
- Updated: 7/8/2026
- Added to Site: 27 day(s) ago
Business
- Business Type: Other
Parking
- Parking Type: None
Location
- Area: 19104 (19104)
- Municipality: PHILADELPHIA
- County: PHILADELPHIA
- Subdivision: PHILADELPHIA (WEST)
- Cross Streets: 42Nd Street
- Driving Directions: GPS
Heating & Cooling
- Cooling Type: None
- Heating Type: None
- Heating Fuel: Natural Gas
- Water Heater: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Construction: Masonry
- Building Size: 3453
- Year Built: 1930
- Year Built Source: Assessor
Unit Information
- # Tenants: Multiple
Lot Features
- Lot Size (Acres): 0.04
- Lot Size (Sq. Ft.): 1,742
- Lot Size Source: Assessor
- Lot Dimensions: 18.00 x 99.00
- Zoning: CMX2
Financial Considerations
- Price Per Sq. Ft.: $72.11
- Assessment Year: 2024
- School Tax: $649
- City/TownTax: $510
- City/TownTax Freq: Annually
- County Tax Freq: Annually
- Tax w/Assessment: $82,900
- Tax Amount: $1,160
- Tax Year: 2024
Disclosures and Reports
- Ownership: Fee Simple
- Lot Number: 156
Listed by Wolverton & Company LLC, Vaughn P Slater
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Schools
Schools serving 4245 Lancaster Ave
School District:Philadelphia City School District
| Name | Grades | Distance |
|---|---|---|
West Philadelphia High School 4901 Chestnut Street, Philadelphia, PA 19139 | 9-12 | 0.8 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 4245 Lancaster Ave
Date
Details
Price
Change
Source
7/08/2026
Listed
$249,000
896%
MLS
2/13/2008
Sold
$25,000
—
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 4245 Lancaster Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$1,915
65%
$136,800
65%
2024
$1,160
—
$82,900
100%
2021
$1,160
—
-100%
2023
$1,160
—
$82,900
—
2020
$1,160
—
$82,900
—
2019
$1,160
3%
$82,900
3%
2018
$1,127
3%
$80,500
3%
2017
$1,095
—
$78,200
—
2016
$1,095
4%
$78,200
—
2015
$1,048
—
$78,200
—
2014
$1,048
-13%
$78,200
531%
2013
$1,210
—
$12,384
—
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 4245 Lancaster Ave
4245 Lancaster Avenue, Philadelphia, PA 19104 (MLS# PAPH2645824) is a Commercial property. 4245 Lancaster Avenue is currently listed for $249,000 and was received on July 08, 2026. Want to learn more about 4245 Lancaster Avenue? Do you have questions about finding other Commercial real estate for sale in Belmont? You can browse all Belmont real estate or contact a Coldwell Banker agent to request more information.

