For Sale
$3,300,000

4343 Main St Philadelphia, PA 19127

9-Unit Apartment Building, Value-Add Opportunity

Overview

Added:
Dec 11, 2024
Days on market:
137
This exceptional mixed-use property, located at 4343-4345 Main Street in Philadelphia's vibrant Manayunk neighborhood, presents a compelling value-add investment opportunity. The property consists of two buildings, totaling 8,145 square feet, encompassing nine apartment units – a mix of studios, one-bedroom, and two-bedroom layouts – and approximately 3,500 square feet of commercial space currently occupied by established restaurants. Built in 1900 and renovated in 2017, this four-story building sits on a 3,695 square foot lot (APN: 87-1018300; 87-1018350) and is zoned CMX-2.5. The property benefits from its prime location, offering convenient access to major roadways including Route 1, I-76, Kelly Drive, and Ridge Avenue, as well as public transportation via SEPTA Regional Rail (Manayunk Station) and numerous bus routes. The thriving Manayunk neighborhood provides abundant amenities, including cafes, shops, galleries, and restaurants, all within walking distance. Nearby recreational opportunities include the Manayunk Canal, Schuylkill River Trail, Wissahickon Valley Park, and several golf courses. Light renovations to select units and common areas present a clear path to increase rental income and enhance the property's overall value. This property offers a strong combination of established commercial tenants and a desirable residential unit mix, making it an attractive investment for those seeking a well-located, value-add opportunity in a rapidly growing Philadelphia neighborhood. The asking price is $3,300,000.

Highlights

  • Value-add opportunity: Light renovations needed in select units and common areas.
  • Desirable unit mix: Studio, one-bedroom, and two-bedroom apartments.
  • Excellent location: Easy access to Route 1, I-76, Kelly Drive, and Ridge Avenue.
  • Convenient public transportation: Minutes from SEPTA Regional Rail (Manayunk Station) and bus routes.
  • Walkable to numerous amenities: Close proximity to Manayunk's shops, restaurants, and galleries.
  • Abundant nearby recreation: Convenient to Manayunk Canal, Schuylkill River Trail, Wissahickon Valley Park, and golf courses.

Property Details for 4343 Main St

Property type
Retail properties, Mixed-use properties
Square Feet
8,145 SF
Class
C
Year Built/Renovated
1900/2017
Buildings
2
Stories
4
Units
9

Location Insight

City
Philadelphia
County
Philadelphia
State
Pennsylvania
Latitude
40.0256009
Longitude
-75.2234981

FAQs

What type of property is this?
Retail property - 9-Unit Apartment Building, Value-Add Opportunity
Where is the retail property located?
The property is located at 4343 Main St Philadelphia, PA.
What is the asking price?
The asking price for this property is $3,300,000.
What are key features of this property?
This property features: Value-add opportunity: Light renovations needed in select units and common areas.; Desirable unit mix: Studio, one-bedroom, and two-bedroom apartments.; Excellent location: Easy access to Route 1, I-76, Kelly Drive, and Ridge Avenue.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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4343 Main St
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