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$995,000
Est. payment /mo
5,000 SqFt
Active
4348-50 MAIN ST Philadelphia, PA 19127
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UPDATED:
08/25/2024 02:03 PM
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
Square Footage 5,000 sqft
Price per Sqft $199
Subdivision Manayunk
MLS Listing ID PAPH2335652
Originating Board BRIGHT
Year Built 1900
Annual Tax Amount $7,264
Tax Year 2024
Lot Size 2,008 Sqft
Acres 0.05
Lot Dimensions 40.00 x 50.00
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.
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.
Location
State PA
County Philadelphia
Area 19127 (19127)
Zoning CMX-2.5
Interior
Hot Water Other
Heating Other
Cooling Other
Heat Source Other
Exterior
Water Access N
Accessibility None
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District The School District Of Philadelphia
Others
Tax ID 882780900
Ownership Fee Simple
SqFt Source Assessor
Special Listing Condition Standard
Listed by Veronica Gintel Blum • Mallin Panchelli Nadel Realty Inc