215-561-6565
2700 S 16th St, Philadelphia, PA for Sale
Restaurant - FOR SALE
1/5
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2700 S 16th St
Philadelphia, PA 19145
South Philadelphia West


HIGHLIGHTS

  • Located in the heart of highly populated and highly desirable Girard Estates Neighborhood of South Philadelphia
  • 2700 S 16th St can also be purchased with 100 Snyder Ave
  • Long term commercial lease in place
  • Immediate income
  • City Pizza has been operating out of this location for 30+ Years
  • Value Add Opportunity on the 2nd floor which is currently achieving a below market apartment rent

OVERVIEW

The Flynn Company is pleased to represent the sale of 2700 S 16th Street which has been home to City Pizza for more than 30 years and has been a stable in the Girard Estate Neighborhood of South Philadelphia. City Pizza has a long-term lease in place where a buyer can benefit from immediate income. The 2-story property zoned CMX-1 also has an apartment on the second floor which is currently being leased out at a rate that is below market value. Financials on the business can be shared upon request.

FOR SALE DETAILS

PRICE

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CAP RATE

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% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1920

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.02 AC

LAND SF

664 SF

ZONING

CMX1

APN/PARCEL ID

882969942

ASK ABOUT THIS PROPERTY

Joseph NaselliThe Flynn CompanyMore Info
215-561-6565

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Joseph NaselliThe Flynn CompanyMore Info
215-561-6565

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.