Included in this enticing package are three properties to be sold together: a mixed-use townhome (2347)
alongside two residential properties (2345-2343). With 2347 Somerset St. previously being a mixed-use
pizza shop, all of the equipment is included, giving a fully equipped pizza shop.
Boasting a prime location just off Aramingo Ave., these properties offer convenience and accessibility,
with a remarkable walking score of 80. Tenants will relish the proximity to local favorites such as
Tacconelli's and Stock's Bakery, as well as the vibrant shopping destination of Fishtown Crossing, which
boasts nearly 30 shops, including GNC, Hair Cuttery, Starbucks, and IGA Supermarket, just a short
stroll away.
This turnkey pizza shop, combined with the potential for mixed-use
development, presents a compelling proposition for those seeking to maximize their investment potential
in Philadelphia's dynamic real estate landscape. Investors have the exciting opportunity to capitalize on
the potential for converting the single units within the property package at 2347-45-43 E. Somerset
Street into multi-family residences or commercial mixed-use (CMX) spaces. Leveraging the strategic
location just northeast of the Conrail tracks in Port Richmond, Philadelphia, these properties offer a
fertile ground for innovative development. Whether it's reimagining the existing mixed-use townhome
(2347) or repurposing the adjacent residential properties (2345-2343) into multi-family apartments or
flexible CMX spaces, the prospects for adaptive reuse are vast. Total square footage for building improvements is 4,696 soft including all three properties (2343: 1504 sqft; 2345: 1692 sqft; 2347: 1500 sqft). Total land square footage is 4816 sqft including all three properties (2343: 1173 sqft; 2345: 1320 sqft; 2347: 2323 sqft).