Manayunk

4227 Main St

2,084 SF | 100% Leased | Retail Building | Philadelphia, PA 19127 | $625,000 ($299.90/SF)

Investment Highlights

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

Executive Summary

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 were 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 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.

Property Facts

Price
$625,000
Price Per Unit
-
Sale Type
Investment
No. Units
-
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Zoning
CMX25 - Mixed use commercial/residential
Building Class
C
Lot Size
0.03 AC
Building Size
2,084 SF
No. Stories
3 Stories
Year Built
-

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