4348-50 Main St Philadelphia, PA 19127
- Retail properties
- 5,000 SF
Current Use by Public Records
- Retail properties
Property Details for 4348-50 Main St
- Year built
- 1900
- Property size
- 5,000 SF
- Property type
- Retail properties
- Property subtype
- Restaurants
Description
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.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Philadelphia
- County
- Philadelphia
- State
- Pennsylvania
- Longitude
- -75.2235
- Latitude
- 40.0254
