Bourbon Blue 2 Rector St 8,200 SF Retail Building Philadelphia, PA 19127 £1,620,627 (£197.64/SF)



INVESTMENT HIGHLIGHTS
- This property sits prominently along the Main Street commercial corridor with direct access in the rear to the Schuylkill River Trail.
- This was formerly Bourbon Blue restaurant with 8,200sf of useable space over two floors.
- The building could potentially be redeveloped for several approved uses
- Among the several restaurants, bars, coffee shops and specialty retail that make Manayunk a regional draw
- This property is an ideal opportunity for a food and beverage owner/operator to add their concept to the eclectic Manayunk dining scene
- This property does fall within the Manayunk Main Street Historical District.
EXECUTIVE SUMMARY
MPN Realty, Inc., is proud to present for sale the property at 2 Rector Street in the Manayunk neighborhood of Philadelphia. This property sits prominently along the Main Street commercial corridor among the several restaurants, bars, coffee shops and specialty retail that make Manayunk a regional draw. This was formerly Bourbon Blue restaurant with 4,100sf of useable space on the first floor and identical square footage on the lower level, for a total 8,200 SF of usable restaurant space. It is currently in shell condition but with several pieces of restaurant infrastructure still intact. This property is an ideal opportunity for a food and beverage owner/operator to add their concept to the eclectic Manayunk dining scene. Although, with several high and low density projects proposed and under construction in this neighborhood, and the current zoning, the building could potentially be redeveloped for several approved uses. This property does fall within the Manayunk Main Street Historical District. Manayunk Development Corp has a number of fully funded revitalization projects in the works including new street scape lighting, an $18 million dollar canal reinvigoration project and toe path improvements. The City of Philadelphia also provides funding to help businesses improve the exterior of their commercial storefronts.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
8,200 SF
Building Class
C
Year Built
1900
Price
£1,620,627
Price Per SF
£197.64
Tenancy
Single
Number of Floors
2
Building FAR
1.57
Lot Size
0.12 AC
Zoning
ICMX - In Philadelphia, ICMX (Industrial Commercial Mixed-Use) zoning districts are designed to accommodate both commercial and low-impact industrial uses, p
Parking
8 Spaces (0.98 Spaces per 1,000 SF Leased)
Frontage
60 ft on Rector St
Walk Score®
Walker's Paradise (97)
NEARBY MAJOR RETAILERS










PROPERTY TAXES
Parcel Number | 882775050 | Improvements Assessment | £458,298 |
Land Assessment | £114,575 | Total Assessment | £572,873 |