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4348-50 Main St 5,000 SF 100% Leased Retail Building Philadelphia, PA 19127 $995,000 ($199/SF)
EXECUTIVE SUMMARY
MPN Realty, Inc., is proud to present for sale the property at 4348-50 Main Street in the Manayunk neighborhood in Philadelphia. This
property sits prominently along the Main Street commercial corridor among the several restaurants, bars, coffee shops and specialty
retail that make Manayunk a regional draw. Double wide with approximately 1,600 sq ft on the first floor and a total of 5,000 SF of useable space over three floors, this was formerly the home of Hikaru sushi restaurant for many years, utilizing the entire building. It is currently in shell condition but with several pieces of restaurant
infrastructure still intact. This space would be an ideal opportunity for a food and beverage, owner /operator to add their concept
to the eclectic Manayunk dining scene. Although, with several high and low density projects proposed and under construction in the
neighborhood, the building could potentially be redeveloped to either a mixed-use or multifamily investment property. This property
does fall within the Manayunk Main Street Historical District.
property sits prominently along the Main Street commercial corridor among the several restaurants, bars, coffee shops and specialty
retail that make Manayunk a regional draw. Double wide with approximately 1,600 sq ft on the first floor and a total of 5,000 SF of useable space over three floors, this was formerly the home of Hikaru sushi restaurant for many years, utilizing the entire building. It is currently in shell condition but with several pieces of restaurant
infrastructure still intact. This space would be an ideal opportunity for a food and beverage, owner /operator to add their concept
to the eclectic Manayunk dining scene. Although, with several high and low density projects proposed and under construction in the
neighborhood, the building could potentially be redeveloped to either a mixed-use or multifamily investment property. This property
does fall within the Manayunk Main Street Historical District.
PROPERTY FACTS
Sale Type
Investment
Sale Condition
Building in Shell Condition
Property Type
Retail
Property Subtype
Building Size
5,000 SF
Building Class
C
Year Built
1900
Price
$995,000
Price Per SF
$199
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Building FAR
2.30
Lot Size
0.05 AC
Zoning
CMX 2.5 - primarily intended to accommodate active, pedestrian-friendly retail and service uses in commercial nodes and along commercial corridors.
Frontage
Walk Score®
Walker's Paradise (98)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 882780900 | Improvements Assessment | $427,680 |
| Land Assessment | $106,920 | Total Assessment | $534,600 |
PROPERTY TAXES
Parcel Number
882780900
Land Assessment
$106,920
Improvements Assessment
$427,680
Total Assessment
$534,600
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