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    Manayunk Restaurant/Retail Opportunity Title is generated by Realmo AI

    4348 Main St, Philadelphia, PA

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    5,000 SF building in Manayunk's Main Street commercial corridor.

    Type:MULTIFAMILY
    Property size:
    5,000 SF
    Lot size:
    0.05 Acres
    Price / SF:
    $199/SF
    Added:
    Apr 28, 2025
    Days on Market:
    413
    Last Refresh:
    May 20 at 9:43 pm

    Property Features for 4348 Main St

    General Information

    Standard status
    Active
    Size
    5,000 SF
    Lot size
    0.05 Acres
    Property subtype
    MULTIFAMILY

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    Listing Contact
    Veronica Blum
    Veronica Blum

    Listing agent Joe Scarpone License #RS290724

    Listing office MPN Realty, Inc.

    Listing date Apr 28, 2025

    Source Moodyscre

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of MPN Realty, Inc.

    HighLights

    • Prime location on Main Street in Manayunk, a regional draw for dining and retail.
    • Substantial 5,000 sq ft of usable space across three floors.
    • Potential for redevelopment into a mixed‑use or multifamily investment property.
    • Ideal opportunity for a food and beverage owner/operator.
    • Formerly a restaurant, with some existing restaurant infrastructure still in place.
    • Located within the Manayunk Main Street Historical District.

    Overview

    Located at 4348-50 Main Street in Philadelphia's Manayunk neighborhood, this property offers 5,000 square feet of usable space across three floors. Situated prominently along the Main Street commercial corridor, it is surrounded by restaurants, bars, coffee shops, and specialty retail establishments. Formerly home to Hikarusushi 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 the Manayunk dining scene. With several high and low-density projects proposed and under construction in the neighborhood, the building could potentially be redeveloped into a mixed-use or multifamily investment property. The property is located within the Manayunk Main Street Historical District.

    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
    Retail
    $807.3K
    $706.4K – $941.9K (±1% cap)
    NOI $56,511 @ 7.0% cap · market cap 5.68%
    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 Profile Location Intelligence

    Current Use by Public Records

    Restaurants

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Accounting Firm

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

    Similar Places 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

    Location Insight

    • Map
    • Local Demand
    City
    Philadelphia
    County
    Delaware
    State
    Pennsylvania
    Longitude
    -75.2241
    Latitude
    40.0255

    FAQs

    What type of property is this?
    Restaurant - 5,000 SF building in Manayunk's Main Street commercial corridor.
    Where is this restaurant located?
    The property is located at 4348 Main St 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 Manayunk, a regional draw for dining and retail.; Substantial 5,000 sq ft of usable space across three floors.; Potential for redevelopment into a mixed‑use or multifamily investment property.
    (215) 413-4900 Call to check price and availability
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