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4129 Main St 13,862 SF Office Building Philadelphia, PA 19127 $2,250,000 ($162.31/SF) 7.03% Cap Rate



INVESTMENT HIGHLIGHTS
- 4129-35 Main Street, a 5 building wide mixed-use investment opportunity for sale on Manayunk’s main commercial corridor.
- Manayunk’s retail offerings are a boutique lover’s dream.
- Manayunk is on the move, focusing on sustainable development and enhanced livability.
- In Manayunk, the nightlife sparkles with diversity, from cozy pubs to bustling dance floors.
- Manayunk’s dining scene delights with its variety, serving up everything from gourmet international dishes to homestyle American fare.
EXECUTIVE SUMMARY
MPN Realty, Inc., is proud to present the exclusive sale of 4129-35 Main Street, a 5 building wide mixed-use investment opportunity for sale on Manayunk’s main commercial corridor. This building boasts tremendous street presence, with floor to ceiling windows and over 65’ of Main Street frontage. There are four bi-level residential apartments above the retail: two 1BD/1BA and two 2BD/2BA. The apartments have access off of Station Street with private decks, dishwasher & W/D in unit. The commercial space is vacant. The building was built in 2002 and is fully sprinklered. Owner self manages and keeps his residential rents low to avoid turnover.
PROPERTY FACTS Under Contract
Sale Type
Investment or Owner User
Property Type
Office
Building Size
13,862 SF
Building Class
C
Year Built
2002
Price
$2,250,000
Price Per SF
$162.31
Cap Rate
7.03%
NOI
$158,232
Tenancy
Single
Building Height
5 Stories
Typical Floor Size
2,772 SF
Building FAR
1.00
Lot Size
0.32 AC
Zoning
RM-1 - a zoning designation for multi-family residential areas
Parking
6 Spaces (0.43 Spaces per 1,000 SF Leased)
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Walk Score®
Walker's Paradise (97)
PROPERTY TAXES
| Parcel Number | 871400830 | Improvements Assessment | $783,440 |
| Land Assessment | $195,860 | Total Assessment | $979,300 |
PROPERTY TAXES
Parcel Number
871400830
Land Assessment
$195,860
Improvements Assessment
$783,440
Total Assessment
$979,300
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