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    4348-50 Main St Philadelphia, PA 19127

    Sponsored
    For Sale
    $995,000

    Historic Manayunk restaurant, 5,000 sq ft.

    Property size:
    5,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional three-story restaurant building, located at 4348-50 Main St in Philadelphia's vibrant Manayunk neighborhood, is offered for sale at $995,000. Boasting 5,000 square feet of usable space, this property sits prominently along Main Street's bustling commercial corridor, surrounded by a mix of restaurants, bars, coffee shops, and specialty retail businesses. Previously home to a successful sushi restaurant for many years, the building is currently in shell condition, although some restaurant infrastructure remains. The CMX-2.5 zoning allows for a variety of uses, making it ideal for a food and beverage owner/operator looking to establish a presence in Manayunk's eclectic dining scene. Alternatively, given the numerous high and low-density development projects underway in the area, the building presents a compelling redevelopment opportunity for mixed-use or multifamily investment. Situated within the Manayunk Main Street Historical District, the property benefits from ongoing revitalization efforts, including new streetscape lighting, an $18 million canal reinvigoration project, and improvements to the towpath. The City of Philadelphia also offers funding to support exterior storefront improvements for businesses. The lot size is 2,008 square feet, and the building was constructed in 1900. This is a rare opportunity to acquire a substantial property in a thriving and rapidly developing area.

    Property Features for 4348-50 Main St

    General Information

    Property type
    Restaurants
    Square Feet
    5,000 SF

    Building Details

    Year Built
    1900
    Buildings
    1
    Stories
    3

    HighLights

    • $995,000 asking price for this retail property.
    • 5,000 square foot restaurant space in a three‑story building.
    • Located at 4348‑50 Main St, Philadelphia, PA 19127, in the Manayunk neighborhood.
    • Built in 1900, situated on a 2,008 square foot lot, with CMX‑2.5 zoning.
    • Broker co‑op available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Philadelphia
    County
    Philadelphia
    State
    Pennsylvania
    Longitude
    -75.22353981
    Latitude
    40.02544843

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    FAQs

    What type of property is this?
    Restaurant - Historic Manayunk restaurant, 5,000 sq ft.
    Where is this restaurant located?
    The property is located at 4348-50 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: $995,000 asking price for this retail property.; 5,000 square foot restaurant space in a three-story building.; Located at 4348-50 Main St, Philadelphia, PA 19127, in the Manayunk neighborhood.
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    4348-50 Main St Philadelphia, PA 19127
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