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Turnkey Pizza Restaurant with Two Locations

2700 S 16th Street Philadelphia, PA 19145

2700 S 16th Street, Philadelphia, PA, 19145
$1,475,000
For Sale
$1,475,000

Turnkey pizza business with two operating locations and a fully leased residential unit above the pizzeria.

Property Size1,350 SF
Price / SF$1,092
Days on Market191

Property Features for 2700 S 16th Street

General Information

Standard status
Active
Size
1,350 SF
Property subtype
Retail

Building Details

Year Built
1920
Listing agency Century 21 Advantage Gold-South Philadelphia
Listed by David Lombardo · License #RS305402
Source Xome
Added: Jan 12 Updated: Jul 22 at 9:58AM Checked: Jul 22 at 9:58AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Century 21 Advantage Gold-South Philadelphia


Investment Insights

Based on property information with market context.

This offering presents a turnkey pizza restaurant business operating at two established South Philadelphia locations. The portfolio includes the original location at 2700 S 16th Street and a second location at 100 Snyder Ave, each described as long-running and positioned in high-visibility corridors serving surrounding dense residential neighborhoods.

The flagship store at 2700 S 16th Street is presented as a long-time community staple, and the second site at 100 Snyder Ave expands the brand’s footprint into the Passyunk/LoMo/Pennsport/Whitman area. The property also includes a fully leased residential unit above the pizzeria, adding a residential revenue component to the overall business.

The current owner is looking to retire but will work with a buyer to support a seamless transition so the operation can continue as it has for decades.

Key Highlights

  • Two operating City Pizza locations included, with listing total price of $2,950,000 ($1,475,000 each).
  • Flagship location at 2700 S 16th Street (MLS: PAPHQ565436) on a 16.00 x 42.00 corner urban lot.
  • Second location included at 100 Snyder Ave, plus a fully leased residential unit above the pizzeria for additional income.

Property Analytics

Location Intelligence

Current Use by Public Records

City Pizza Restaurant

Suggested Use

Law Firm Real Estate Agency Electrical Service Computer & Electronic Repair Tech Support Center Acupuncture Hotel & Motel Travel Agency (Bike/Boat/Book/etc) Store Carpet & Flooring Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Conventional restaurant - Turnkey pizza business with two operating locations and a fully leased residential unit above the pizzeria.
Where is this conventional restaurant located?
The property is located at 2700 S 16th Street Philadelphia, PA.
What is the asking price?
The asking price for this property is $1,475,000.
What are key features of this property?
This property features: Two operating City Pizza locations included, with listing total price of $2,950,000 ($1,475,000 each).; Flagship location at 2700 S 16th Street (MLS: PAPHQ565436) on a 16.00 x 42.00 corner urban lot.; Second location included at 100 Snyder Ave, plus a fully leased residential unit above the pizzeria for additional income.
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