4343-45 Main Street in the Manayunk

Value-Add Investment Opportunity: Light Renovations to Select Units and Common Areas

Desirable Unit Mix: Studio, One-Bedroom, and Two-Bedroom Units

Convenient to Major Arteries: Route 1 (City Avenue/Lincoln Highway), Interstate 76 (Schuylkill Avenue), Kelly Drive, and Ridge Avenue
Access to Public Transportation: ±5-Minute Walk from SEPTA Regional Rail (Manayunk Station; Norristown Line); Steps to Bus Routes

Abundant Neighborhood Amenities: Walk to Cafes, Shops, Galleries, and Restaurants Lining Manayunk’s Famed “Main Street”

Proximity to Public Parks & Recreation: Historic Manayunk Canal and Towpath, Schuylkill River Trail, Wissahickon Valley Park, and Golf Courses

Property Description

On behalf of Ownership, GREA is pleased to exclusively offer the opportunity to acquire the fee simple interest in 4343-45 Main Street in the Manayunk section of Philadelphia (the “Property” or “Asset”). The Asset comprises 8 apartment units and 3,500 square feet of commercial space with a mix of studio, one-bedroom, and two-bedroom floor plans. 4343-45 Main Street presents new ownership the opportunity to perform a light value-add renovation plan in select units and the common hallways to increase rents. The Asset offers upgraded apartment product that attracts young professionals looking for proximity to Manayunk’s amenity-rich Main Street. The Property services a growing tenant base looking for a location surrounded by restaurants, coffee shops, and nightlife. Tenants can run or ride their bikes on the popular Schuylkill River Trail, in minutes access the Main Line Suburbs, or take a quick ride into Conshohocken. 4343-45 Main Street is also home to Yanako Sushi Bar and Chabaa Thai Bistro. Both are owned by the same Restauranteur, Moon Krapugthong, and the concepts have a long history of success on Main Street. 4343-45 Main Street is minutes from major highway routes such as Route 1 and Interstate-76, presenting unparalleled access throughout the Philadelphia MSA. Further, tenants are a short walk from the Manayunk Train Station on the Manayunk Norristown Line, carrying commuters to employers in Center City Philadelphia in 15 minutes. The Asset provides new ownership the prospect of acquiring a quality mixed-use property that both has and will continue to perform well into the future.