Renovated Manayunk Building For
4230 Main St Philadelphia, PA 19127
4230 Main St, Philadelphia, PA, 19127
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For Sale
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Renovated building with 15,604 SF and excellent transportation access.
Property Size15,604 SF
Price / SF$206.93
Days on Market761
Property Features for 4230 Main St
General Information
- Standard status
- Active
- Size
- 15,604 SF
- Property subtype
- Retail
Building Details
- Year Built
- 1900
Listing Agency
MPN Realty, Inc.
Listed by
Veronica Blum · License #PA
Source
Crexi
Added: Jun 21, 2024 Updated: Jul 6 at 8:22 am Checked: Jul 20 at 4:55 am
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.
Investment Insights
Based on property information with market context.
This fully renovated building, located along Manayunk’s commercial corridor, offers a total of 15,604 +/- SF of space. The property features 56’ of frontage on Main Street and a full-length glass ceiling that allows abundant natural light. The first floor provides 6,571 +/- SF, complemented by a 7,143 +/- SF mezzanine and a 1,892 +/- SF lower level. The building includes an elevator that services the basement and mezzanine levels. It also offers convenient rear loading access from the rear street. The property has a ceiling height of 20’. Zoned CMX-2.5, the location provides excellent access to public transportation, with bus and SEPTA stops located a block away, as well as close proximity to major highways and Center City.
Key Highlights
- Fully renovated building with 56' frontage on Main Street in Manayunk's commercial corridor.
- Total of 15,604 +/- SF across three levels (1st Floor, Mezzanine, Lower Level).
- Full‑length glass ceiling providing abundant natural light.
Local Financial Insights For 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 | $280.9k | $18.00 |
| − Vacancy | −$28.9k | −$1.85 |
| EGI | $251.9k | $16.15 |
| − OpEx | −$75.6k | −$4.84 |
| NOI | $176.4k | $11.30 |
15,604 SF · lease $18.00/SF/yr · vacancy 10.30% · expense 30.00%
Alternative Uses
Best Use
Retail
$2.52M
$2.20M – $2.94M
NOI $176,360 @ 7.0% cap · market cap 5.46%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$3.80M
$3.33M – $4.44M
NOI $266,281 @ 7.0% cap · market cap 8.25%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
STRATIS IoT
Association Or Organization
Halo Healthcare
Alternative Medicine Practice
Philadelphia Flooring Solutions ...
General Contractor
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FAQs
What type of property is this?
Storefront property - Renovated building with 15,604 SF and excellent transportation access.
Where is this storefront property located?
The property is located at 4230 Main St Philadelphia, PA.
What is the asking price?
The asking price for this property is $3,229,000.
What are key features of this property?
This property features: Fully renovated building with 56' frontage on Main Street in Manayunk's commercial corridor.; Total of 15,604 +/- SF across three levels (1st Floor, Mezzanine, Lower Level).; **Full‑length glass ceiling providing abundant natural light.**
