4230 Main St Philadelphia, PA 19127
- Retail space
- 11,984 SF
- 0.16 lot acres
Current Use by Public Records
- STRATIS IoT / Association Or Organization
- Halo Healthcare / Chiropractor / Osteopath
- Philadelphia Flooring Solutions Co / Flooring Contractor / Carpet Installer
Property Details for 4230 Main St
- Year built
- 1900
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 0.16 lot acres
- Property size
- 11,984 SF
- Zone code
- CMX2.5
- Property type
- Retail space
- Property subtype
- Storefront properties
- APN
- 88-2-8609-00
- APU
- 882860900
Description
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.
Value Estimations
-
CAP approach
- CAP Return
- Estimation
- 6%
- $2,255,000
- 6.5%
- $2,085,000
- 7%
- $1,935,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $2,224,000
- AI Estimate
- $1,579,000
Market price range: $1.04M - $3.33MMarket price range: $625k - $2.34M -
Alternative Use
- Use
- Estimation
- RETAIL STORES
- $2,055,000 Current use
- OFFICE BUILDING
- $3,050,000 Change: +48% Conversion: Easy
- MEDICAL BUILDING
- $2,945,000 Change: +43% Conversion: Difficult
- COMMERCIAL (GENERAL)
- $2,595,000 Change: +26% Conversion: Easy
- NEIGHBORHOOD: SHOPPING CENTER
- $2,225,000 Change: +8% Conversion: Moderate
- AUTO REPAIR, GARAGE
- $1,890,000 Change: -8% Conversion: Difficult
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Location Insight
- Map
- Local Demand
- City
- Philadelphia
- County
- Philadelphia
- State
- Pennsylvania
- Longitude
- -75.2214
- Latitude
- 40.0243
- CBSA code
- 37980
- CBSA name
- PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA
