4348-50 Main St Philadelphia, PA 19127
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.