4348-50 MAIN ST Active

Philadelphia,PA 19127

$ 995000

- Bed

- Bath

5000 SqFt


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.

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

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