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INVESTMENT HIGHLIGHTS
- Prime Main Street location in the heart of Manayunk with excellent visibility and walkability.
- Stable income from a long-standing retail tenant and a desirable residential unit.
- Surrounded by vibrant retail, dining, and entertainment options with strong demographic support.
- Fully renovated in 2020 with modern finishes, updated systems, and separate utilities.
- Outdoor amenities include a rear patio and private deck for the apartment.
- Easy access to I-76, SEPTA regional rail, and major Philadelphia employment hubs.
EXECUTIVE SUMMARY
MPN Realty, Inc., is proud to exclusively present the sale of 4227 Main Street in the heart of the highly desirable Manayunk neighborhood of Philadelphia, PA. The current commercial tenant (who has been here for over 5 years) is now on the 1st of three 3-year lease options, and is a staple of the downtown Manayunk community.
The rear of the building has a hard scaped courtyard that allows shared access to the retail space on the 1st floor, and a nicely renovated bi-level 2 Bedroom 2 Bath apartment on the 2nd floor. The entire street-level frontage is for the beauty salon, maximizing retail exposure on the street. Both the retail and residential spaces have been completely renovated in 2020 by Ownership after first purchasing the property. The Salon has been renovated with modern lighting, modern flooring, an attractive bathroom, its own washer & dryer, and upgraded HVAC and Hot Water heating units in the basement. The 2 Bedroom Bi-Level apartment has been renovated with modern flooring, modern lighting, and a new kitchen including granite countertops, dishwasher, and gas stove. The HVAC system is located in a closet in the apartment, and the Hot Water heating unit is located in the basement. Both have both been updated with modern units. There is a washer and dryer in the upstairs bathroom of the apartment. The electric system for both units has been updated for the entire building. The Owners have self- managed the property since purchasing and have kept rents very reasonable for the market.
The rear of the building has a hard scaped courtyard that allows shared access to the retail space on the 1st floor, and a nicely renovated bi-level 2 Bedroom 2 Bath apartment on the 2nd floor. The entire street-level frontage is for the beauty salon, maximizing retail exposure on the street. Both the retail and residential spaces have been completely renovated in 2020 by Ownership after first purchasing the property. The Salon has been renovated with modern lighting, modern flooring, an attractive bathroom, its own washer & dryer, and upgraded HVAC and Hot Water heating units in the basement. The 2 Bedroom Bi-Level apartment has been renovated with modern flooring, modern lighting, and a new kitchen including granite countertops, dishwasher, and gas stove. The HVAC system is located in a closet in the apartment, and the Hot Water heating unit is located in the basement. Both have both been updated with modern units. There is a washer and dryer in the upstairs bathroom of the apartment. The electric system for both units has been updated for the entire building. The Owners have self- managed the property since purchasing and have kept rents very reasonable for the market.
FINANCIAL SUMMARY (PRO FORMA - 2026) Click Here to Access |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
$99,999
|
$9.99
|
| Vacancy Loss |
$99,999
|
$9.99
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
FINANCIAL SUMMARY (PRO FORMA - 2026) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Vacancy Loss | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
2,084 SF
Building Class
C
Year Built/Renovated
1900/2020
Price
$625,000
Price Per SF
$299.90
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Building FAR
1.59
Lot Size
0.03 AC
Zoning
CMX25 - Mixed use commercial/residential
Frontage
15’ on Main St
AMENITIES
- Air Conditioning
Walk Score®
Walker's Paradise (98)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 871273550 | Total Assessment | $363,700 |
| Land Assessment | $72,740 | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $290,960 | Tax Year | 2026 |
PROPERTY TAXES
Parcel Number
871273550
Land Assessment
$72,740
Improvements Assessment
$290,960
Total Assessment
$363,700
Annual Taxes
($1) ($0.00/SF)
Tax Year
2026
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