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$30,000
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Property Description
Exceptional Commercial Opportunity at 5049-75 Lancaster Ave! Expansive warehouse space offering outstanding flexibility and potential for a wide range of business uses. This large-scale property can be subdivided to accommodate multiple business owners, making it ideal for investors, event operators, distribution, storage, light manufacturing, or mixed commercial use. Historically utilized as a banquet hall, the space is well-suited for event venues, entertainment facilities, community spaces, or creative redevelopment opportunities. Strategically positioned along the vibrant Lancaster Avenue corridor, the property benefits from strong visibility and proximity to thriving local businesses, retail establishments, and dining options that generate consistent activity in the area. The property also offers convenient access to the I-76 and I-95 expressways, making commuting and transportation efficient for both employees and clients. Public transportation options are also easily accessible. A rare chance to secure a versatile, high-capacity commercial property with endless potential in a growing business district.
Full Property Details
Full Property Details for 5049 Lancaster Ave
General
- Price: $30,000
- Status: Active
- Type: Commercial Lease
- Source: BrightMLSPhilly
- MLS ID: PAPH2579234
- Updated: 3/6/2026
- Added to Site: 58 day(s) ago
Business
- Business Type: Warehouse, Banquet Facility/Lodge
Rental Information
- Lease/Rent Term: Other
Parking
- Parking Features: Public
- Parking Type: On Street
Location
- Area: 19131 (19131)
- Municipality: PHILADELPHIA
- County: PHILADELPHIA
- Driving Directions: GPS
Heating & Cooling
- Cooling Type: Other
- Heating Type: Hot Water & Baseboard - Electric
- Heating Fuel: Natural Gas
- Water Heater: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Construction: Masonry
- Aprox. Leasable: 50,000 Sq. Ft.
- Current Bldg. Use: Warehouse, Storage Yard, Industrial, Other
- Year Built: 1946
- Year Built Source: Assessor
Lot Features
- Lot Size (Acres): 0.98
- Lot Size (Sq. Ft.): 42,478
- Lot Size Source: Assessor
- Lot Dimensions: 235.00 x 182.00
- Zoning: ICMX
Financial Considerations
- Price Per Sq. Ft.: $.6
- School Tax: $4,716
- City/TownTax: $3,705
- City/TownTax Freq: Annually
Disclosures and Reports
- Ownership: Other
Listed by KW Empower, Shannin Hawkins
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Schools
Schools serving 5049 Lancaster Ave
School District:Philadelphia City School District
| Name | Grades | Distance |
|---|---|---|
Heston Edward School 1621 North 54th Street, Philadelphia, PA 19131 | K-6 | 0.3 mi |
Overbrook High School, Philadelphia, PA 5898 Lancaster Avenue, Philadelphia, PA 19131 | 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 5049 Lancaster Ave
Date
Details
Price
Change
Source
2/04/2026
Listed
$30,000
—
MLS
Disclaimer: Historical sales 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 5049 Lancaster Ave
5049 Lancaster Avenue, Philadelphia, PA 19131 (MLS# PAPH2579234) is a Commercial Lease property. 5049 Lancaster Avenue is currently listed for $30,000 and was received on February 04, 2026. Want to learn more about 5049 Lancaster Avenue? Do you have questions about finding other Commercial Lease real estate for sale in Philadelphia? You can browse all Philadelphia real estate or contact a Coldwell Banker agent to request more information.

