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Manayunk Commercial Opportunity on Main

4348-50 MAIN Street Philadelphia, PA 19127

4348-50 MAIN Street, Philadelphia, PA, 19127
$995,000
For Sale
Claim this Listing
$995,000

Commercial Sale - PHILADELPHIA, PA

Property Size5,000 SF
Lot Size0.05 Acres
Price / SF$199
AddedSep 3, 2025
Days on Market316
Last RefreshJul 15 at 9:06 am

Property Features for 4348-50 MAIN Street

General Information

Property type
Other
Property subtype
Retail
Standard status
Active
Size
5,000 SF
Lot size
0.05 Acres

Taxes and HOA fees

Tax Annual Amount
7483

Building Details

Year built
1900
Building materials
Masonry

Listing agent Veronica Gintel Blum License #RS290724

Listing office Mallin Panchelli Nadel Realty Inc 1601 Walnut Street unit: 900, Philadelphia, PA

Listing date Sep 3, 2025

MLS# PAPH2533944

Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

Located in the Manayunk neighborhood of Philadelphia, 4348-50 Main Street offers 5,000 square feet of usable space across three floors. Situated along the Main Street commercial corridor, the property benefits from its proximity to numerous restaurants, bars, coffee shops, and specialty retail establishments. Formerly home to Hikaru sushi restaurant, the building is currently in shell condition but retains some restaurant infrastructure. This property presents an opportunity for a food and beverage owner/operator to establish their concept within Manayunk's dining scene. The building could potentially be redeveloped into a mixed-use or multifamily investment property, especially with several high and low-density projects proposed and under construction in the neighborhood. The property is located within the Manayunk Main Street Historical District. The Manayunk Development Corp has several fully funded revitalization projects planned, including new streetscape lighting, an $18 million canal reinvigoration project, and toe path improvements. The City of Philadelphia also provides funding to help businesses improve the exterior of their commercial storefronts. The lot size is 0.0461 acres.

Key Highlights

  • Prime location on Main Street in the high‑traffic Manayunk commercial corridor, surrounded by restaurants, bars, and retail.
  • 5,000 sq ft of usable space over three floors, suitable for various business concepts.
  • Potential redevelopment opportunity for mixed‑use or multifamily investment, given ongoing development projects in the area.

Local Financial Insights For Specialty Retail

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $105.0k $21.00
− Vacancy −$8.4k −$1.68
EGI $96.6k $19.32
− OpEx −$24.2k −$4.83
NOI $72.5k $14.49
5,000 SF · lease $21.00/SF/yr · vacancy 8.00% · expense 25.00%

Alternative Uses

Best Use
Specialty Retail
$1.04M
$905.6K – $1.21M (±1% cap)
NOI $72,450 @ 7.0% cap · market cap 7.28%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$1.22M
$1.07M – $1.42M (±1% cap)
NOI $85,324 @ 7.0% cap · market cap 8.58%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Restaurants

Suggested Use

Law Firm Dental Office Electrical Service Auto Parts Store Storage Facility Carpet & Flooring Store Home Appliance Store (Bike/Boat/Book/etc) Store Florist Nursing Home

Zoning and permitted uses should be independently verified with local authorities.

Similar Off Market Nearby

  • DiAntonio's Catering — 228 Krams Ave, Philadelphia, PA 19127
  • Company's Coming Catering — 3989 Terrace St, Philadelphia, PA 19128
  • Greater Valley Forge Picnic — 26 Rock Hill Rd, Bala Cynwyd, PA 19004
  • fitch's — 4518 Ritchie St, Philadelphia, PA 19127

FAQs

What type of property is this?
Restaurant - 5,000 SF property in Philadelphia's Manayunk neighborhood.
Where is this restaurant located?
The property is located at 4348-50 MAIN Street Philadelphia, PA.
What is the asking price?
The asking price for this property is $995,000.
What are key features of this property?
This property features: Prime location on Main Street in the high‑traffic Manayunk commercial corridor, surrounded by restaurants, bars, and retail.; 5,000 sq ft of usable space over three floors, suitable for various business concepts.; Potential redevelopment opportunity for mixed‑use or multifamily investment, given ongoing development projects in the area.
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