4230 Main StPhiladelphia, PA 19127

Property Details for 4230 Main St

Year built

1900

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

0.16 AC

Property size (Sq ft)

11,984 SF

Zone code

CMX2.5

Property type

Retail properties

Property subtype

Retail space

APN

88-2-8609-00

APU

882860900

Description

This exceptional 15,604 square foot creative office space is situated at 4230 Main Street in the vibrant Manayunk submarket. The fully renovated building boasts a single-tenant occupancy and offers a unique blend of retail, office, and restaurant potential, thanks to its CMX-2.5 zoning. The space is divided across three levels: a first floor encompassing approximately 6,571 square feet, a mezzanine level of approximately 7,143 square feet, and a lower level of approximately 1,892 square feet. A striking feature is the full-length glass ceiling, which bathes the interior in abundant natural light. The impressive 20-foot ceiling height adds to the spacious feel. Functionality is enhanced by an elevator connecting the basement to the mezzanine, simplifying vertical movement within the building. Rear-street access provides convenient loading and unloading capabilities. The property enjoys a prime location on Main Street, offering 56 feet of frontage along this bustling commercial corridor. Its proximity to public transportation, including bus routes and SEPTA stops just a block away, and major highways ensures easy accessibility. Furthermore, its convenient location offers close proximity to Center City, enhancing its appeal and accessibility. This property presents a rare opportunity to secure a substantial, well-appointed space in a thriving Manayunk location.

• CAP approach

  CAP return

  Valuation

  6%

  $2,912,530

  6.5%

  $2,688,490

  7%

  $2,496,454

• Comparable approach

  Method

  Valuation

  Relative Method

  $3,945,890

  Geo Method

  $3,945,890

• Alternative Use

  Use

  Valuation

  Residential

  $2,267,842

  Hospitality

  $2,077,331

  Educational

  $1,728,315

  Medical

  $1,787,754

  Retail

  $2,688,490

Location Insight

City

Philadelphia

County

Philadelphia

State

Pennsylvania

Latitude

40.0243

Longitude

-75.2214

CBSA code

37980

CBSA name

PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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