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    FOR SALE
    Retail space

    4230 Main St, Philadelphia, PA 19127

    11,984 SF 0.16 ac lot Built 1900
    Entity Owned 5-yr Hold Absentee Owner ~ Est. High Equity
    Property ID
    US73-1002114
    Property summary
    AI-generated overview

    This exceptional 15,604 square foot creative office space is situated at 4230 Main Street in the vibrant Manayunk submarket. The fully renovated building boasts a single-tenant occupancy and offers a unique blend of retail, office, and restaurant potential, thanks to its CMX-2.5 zoning. The space is divided across three levels: a first floor encompassing approximately 6,571 square feet, a mezzanine level of approximately 7,143 square feet, and a lower level of approximately 1,892 square feet. A striking feature is the full-length glass ceiling, which bathes the interior in abundant natural light. The impressive 20-foot ceiling height adds to the spacious feel. Functionality is enhanced by an elevator connecting the basement to the mezzanine, simplifying vertical movement within the building. Rear-street access provides convenient loading and unloading capabilities. The property enjoys a prime location on Main Street, offering 56 feet of frontage along this bustling commercial corridor. Its proximity to public transportation, including bus routes and SEPTA stops just a block away, and major highways ensures easy accessibility. Furthermore, its convenient location offers close proximity to Center City, enhancing its appeal and accessibility. This property presents a rare opportunity to secure a substantial, well-appointed space in a thriving Manayunk location.

    Property profile
    Verified
    Property type Retail space
    Use group STORE, RETAIL OUTLET
    Year built 1900
    Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Total area 11,984 SF
    Lot 0.16 ac (6,998 SF)
    Zoning code CMX2.5
    APN 88-2-8609-00
    UPID US73-1002114
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • STRATIS IoT Association Or Organization
    • Halo Healthcare Alternative Medicine Practice Physician
    • Philadelphia Flooring Solutions Co General Contractor Renovation Specialist
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    $2.09M
    Comparable Approach Comparable
    $2.22M
    Blend (final) Blend
    $1.97M
    Owner & transaction history
    Main Street Properties LP · 5 yrs held
    Main Street Properties LP
    since 2021
    1 recorded transaction
    2021
    Zoning & alternative use
    CMX2.5 · Philadelphia, PA
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Office building $3.1M +48.4%
    Medical building $2.9M +43.2%
    Commercial (general) $2.6M +26.2%
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