4343-4345 Main St - Apartments FOR SALE


Philadelphia, PA 19127- Manayunk
$3,000,000 USD
215-302-4400
4343-4345 Main St, Philadelphia, PA for Sale
$3,000,000 USD
Apartments - FOR SALE
1/23
null | 7.06% Cap Rate

4343-4345 Main St
Philadelphia, PA 19127
Manayunk


HIGHLIGHTS

  • 8 Multifamily Units Over Commercial | Main Street, Manayunk
  • Strong Historical Occupancy | 100 Percent Total Occupied
  • Award Winning Restaurant Tenant | Chabaa Thai Bistro & Yanako

OVERVIEW

SCOPE Commercial Real Estate Services, LLC “SCOPE” is pleased to present the opportunity to acquire the fee simple interest in 4343-45 Main Street, a mixed-use asset located in the Manayunk neighborhood of Philadelphia. The property is an eight-unit, three-story apartment building with retail space below sitting on a 3,695 square-foot lot. This is a value-add opportunity with below-market rents in a high-demand submarket. Only three of the eight units in the building are renovated, creating great upside for the property. The retail space below is home to Chabaa Thai Bistro and Yanako, award-winning Chinese/Japanese Restaurants. The retailer has a long-standing history in Manayunk and has invested heavily in this space.

FOR SALE DETAILS

PRICE

$3,000,000 USD

PRICE/SF

$368 USD /SF

# OF UNITS

8

PRICE/UNIT

$375,000

CAP RATE

7.06%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

4

YEAR BUILT

1900

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.08 AC

LAND SF

3,695 SF

ZONING

CMX-2.5

APN/PARCEL ID

871018300,871018350

ASK ABOUT THIS PROPERTY

Joe LoonstynScope Commercial Real Estate Services, LLCMore Info
215-302-4400

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Joe LoonstynScope Commercial Real Estate Services, LLCMore Info
215-302-4400

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