4227 Main St - Storefront Retail/Residential FOR SALE


Philadelphia, PA 19127- Manayunk
$625,000 USD
267-546-1731
4227 Main St, Philadelphia, PA for Sale
$625,000 USD
Storefront Retail/Residential - FOR SALE
1/19
null | Request Cap Rate

4227 Main St
Philadelphia, PA 19127
Manayunk


HIGHLIGHTS

  • Prime Main Street location in the heart of Manayunk with excellent visibility and walkability.
  • Fully renovated in 2020 with modern finishes, updated systems, and separate utilities.
  • Stable income from a long-standing retail tenant and a desirable residential unit.
  • Outdoor amenities include a rear patio and private deck for the apartment.
  • Surrounded by vibrant retail, dining, and entertainment options with strong demographic support.
  • Easy access to I-76, SEPTA regional rail, and major Philadelphia employment hubs.

OVERVIEW

MPN Realty, Inc., is proud to exclusively present the sale of 4227 Main Street in the heart of the highly desirable Manayunk neighborhood of Philadelphia, PA. The current commercial tenant (who has been here for over 5 years) is now on the 1st of three 3-year lease options, and is a staple of the downtown Manayunk community. The rear of the building has a hard scaped courtyard that allows shared access to the retail space on the 1st floor, and a nicely renovated bi-level 2 Bedroom 2 Bath apartment on the 2nd floor. The entire street-level frontage is for the beauty salon, maximizing retail exposure on the street. Both the retail and residential spaces have been completely renovated in 2020 by Ownership after first purchasing the property. The Salon has been renovated with modern lighting, modern flooring, an attractive bathroom, its own washer & dryer, and upgraded HVAC and Hot Water heating units in the basement. The 2 Bedroom Bi-Level apartment has been renovated with modern flooring, modern lighting, and a new kitchen including granite countertops, dishwasher, and gas stove. The HVAC system is located in a closet in the apartment, and the Hot Water heating unit is located in the basement. Both have both been updated with modern units. There is a washer and dryer in the upstairs bathroom of the apartment. The electric system for both units has been updated for the entire building. The Owners have self- managed the property since purchasing and have kept rents very reasonable for the market.

FOR SALE DETAILS

PRICE

$625,000 USD

PRICE/SF

$300 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1900

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

CROSS STREETS

Rector St

LAND ACRES

0.03 AC

LAND SF

1,307 SF

ZONING

CMX25

APN/PARCEL ID

871273550

ASK ABOUT THIS PROPERTY

Chris CiminoMPN RealtyMore Info
267-546-1731

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Chris CiminoMPN RealtyMore Info
267-546-1731

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.