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2347 E Somerset Street,  Philadelphia PA, 19134

(Active)
$1,395,000
|
4,696 sqft
|
MLS# PAPH2335636
Last Updated: 4/27/2024 3:14 PM
Description for 2347 E Somerset Street Philadelphia, PA 19134
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-usepizza 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 asTacconelli's and Stock's Bakery, as well as the vibrant shopping destination of Fishtown Crossing, whichboasts nearly 30 shops, including GNC, Hair Cuttery, Starbucks, and IGA Supermarket, just a shortstroll away.This turnkey pizza shop, combined with the potential for mixed-usedevelopment, presents a compelling proposition for those seeking to maximize their investment potentialin Philadelphia's dynamic real estate landscape. Investors have the exciting opportunity to capitalize onthe potential for converting the single units within the property package at 2347-45-43 E. SomersetStreet into multi-family residences or commercial mixed-use (CMX) spaces. Leveraging the strategiclocation just northeast of the Conrail tracks in Port Richmond, Philadelphia, these properties offer afertile 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 orflexible 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).
Price
$1,395,000
PORT RICHMOND
PHILADELPHIA
4,696 (approx)
PAPH2335636
Active
Description
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-usepizza 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 asTacconelli's and Stock's Bakery, as well as the vibrant shopping destination of Fishtown Crossing, whichboasts nearly 30 shops, including GNC, Hair Cuttery, Starbucks, and IGA Supermarket, just a shortstroll away.This turnkey pizza shop, combined with the potential for mixed-usedevelopment, presents a compelling proposition for those seeking to maximize their investment potentialin Philadelphia's dynamic real estate landscape. Investors have the exciting opportunity to capitalize onthe potential for converting the single units within the property package at 2347-45-43 E. SomersetStreet into multi-family residences or commercial mixed-use (CMX) spaces. Leveraging the strategiclocation just northeast of the Conrail tracks in Port Richmond, Philadelphia, these properties offer afertile 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 orflexible 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).
Listing Information
Property Type: Mixed Use, Business Opportunities, Other
0.11 Acres 4,696 (approx) 1925
PORT RICHMOND
Public
Public Sewer
2 Total
Neighborhood
Room Information
Interior Features
Gas Heat, Forced Air
Exterior / Lot Features
On Street
57.00 x 73.00
Driving Directions
Use GPS.
Financial Considerations
871530860
$2,242
Listing Price History

Philadelphia Real Estate

Philadelphia is located in Pennsylvania. Philadelphia, Pennsylvania 19134 has a population of 1,615,184.

The median household income in Philadelphia, Pennsylvania 19134 is $34,356. The median household income for the surrounding county is $50,724 compared to the national median of $66,222. The median age of people living in Philadelphia 19134 is 37 years.

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Courtesy: RE/MAX Truist
BRIGHT MLS - All information, regardless of source, should be verified by personal inspection by and/or with the appropriate professional(s). The information is not guaranteed. Measurements are solely for the purpose of marketing, may not be exact, and should not be relied upon for loan, valuation, or other purposes.
This content last refreshed on 4/27/2024 3:14 PM CST. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Information is deemed reliable but is not guaranteed.

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