4348-50 Main StPhiladelphia, PA 19127

For Sale
$995,000

Historic Manayunk restaurant, 5,000 sq ft.

Overview

Added:
Dec 11, 2024
Days on market:
94
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.

Highlights

  • $995,000 asking price for this retail property.
  • 5,000 square foot restaurant space in a three-story building.
  • Located at 4348-50 Main St, Philadelphia, PA 19127, in the Manayunk neighborhood.
  • Built in 1900, situated on a 2,008 square foot lot, with CMX-2.5 zoning.
  • Broker co-op available.

Property Details for 4348-50 Main St

Property type
Other retail properties, Restaurants
Square Feet
5,000 SF
Year Built
1900
Buildings
1
Stories
3

Location Insight

City
Philadelphia
County
Philadelphia
State
Pennsylvania
Latitude
40.02544843
Longitude
-75.22353981
4348-50 Main St, Philadelphia, Pennsylvania

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4348-50 Main St
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