Listed By:
Mallin Panchelli Nadel Realty Inc
Address
4348 Main Street, Philadelphia, PA
Price
$ 995,000
Property Attributes
  • MLS#PAPH2335652
  • TypeCommercial
  • CountyPHILADELPHIA
  • CityPhiladelphia
  • Area19127
  • NeighborhoodManayunk
  • Zip19127
  • StyleGeneral Retail,Restaurant/Bar
  • Year Built1900
  • Taxes$ 7264
  • Price$ 995,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage5000
  • Lot Size2,178 SqFt
Data Source:
Bright MLS
Property Description

4348-50 Main Street is located in the Manayunk neighborhood of Philadelphia. This property sits prominently along the Main Street commercial corridor among the several restaurants, bars, coffee shops and specialty retail that make Manayunk a regional draw. With 5,000 sf of useable space over three floors, this was formerly the home of Hikaru sushi restaurant for many years, utilizing the entire building. It is currently in shell condition but with several peices of restaurant infrastructure still intact. This space would be an ideal opportunity for a food and beverage, owner /operator to add their concept to the eclectic Manayunk dining scene. Although, with several high and low density projects proposed and under construction in the neighborhood, the building could potentially be redeveloped to either a mixed-use or multifamily investment property. This property does fall within the Manayunk Main Street Historical District. Manayunk Development Corp has a number of fully funded revitalization projects in the works including new streetscape lighting, an $18 million dollar canal reinvigoration project and toe path improvements. The City of Philadelphia also provides funding to help businesses improve the exterior of their commercial storefronts.

Price History
3/26/2024 Listed $995,000

General Features

Sewer Public Sewer
Heating Other
Cooling Other
Possession Negotiable
Zoning CMX-2.5
Construction Materials Masonry
Year Built 1900
Property SubType Retail
Tax Year 2024
Percent Ownership Fee Simple
Cool Fuel Other
Business Type Other/General Retail,Restaurant/Bar
Accessibility None
County PHILADELPHIA
New Construction No
Property Type Commercial Sale
Subdivision Name MANAYUNK
Water Access Y/N No
Status ACTIVE
Directions Located on Main St in Manayunk.
ModificationTimestamp 2024-04-23T12:36:22
City PHILADELPHIA
Buyer Agent Compensation 2.5
MLS Area 19127 (19127)
Lot Size Square Feet 2008.00
Tax Assessed Value 519000.0
Waterfront Y/N No
Street Name MAIN
Tax Annual Amount 7264.0
Property Condition Major Rehab Needed
Price Per Sq Ft 199.0
Vacation Rental Y/N No
Days on Market 36
Location Type Urban
Standard Status Active
Year Built Source Assessor
Tax Lot 156
Buyer Agent Compensation Type % Of Gross

Interior Features

Heating Fuel Other
Hot Water Other
Heating Y/N Yes
Street Suffix STREET
Central Air Y/N No

Exterior Features

Water Source Public
Type of Parking None
Land Use Code IB0
Water View Y/N No
Building Area Total 5000.00
Lot Dimensions 40.00 x 50.00
Lot Size Acres 0.05
Road Frontage Length 40
Lot Size Units Square Feet
Lot Size Source Assessor
Land Assessed Value 103809.00
Navigable Water Y/N No
Water Oriented Y/N No
LotDimensionsSource Assessor

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 19127

Price
AVG $530K
$1,000K
Taxes
AVG $4,737
$7,264
Visits
AVG 93
107
Data Provided by Inside Real Estate®
Year Built
AVG 1926
1900

Areas We Cover