2557 AMBER ST Active Save Request In-Person Tour Request Virtual Tour
Philadelphia,PA 19125
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 3,909 sqft
Price per Sqft $191
Subdivision Fishtown
MLS Listing ID PAPH2392894
Originating Board BRIGHT
Year Built 1875
Annual Tax Amount $6,999
Tax Year 2024
Lot Size 1,288 Sqft
Acres 0.03
Lot Dimensions 28.00 x 75.00
Property Description
With over 25 feet of frontage along Frankford Avenue’s bustling Business Corridor, 2557 Amber Street offers an amazing opportunity to own an income-producing asset in Fishtown / East Kensington. Surrounded by new construction, new businesses, and even more on the horizon, this property stands out due to its LARGE 28’ x 75’ footprint, mixed-use CMX2 zoning, and classic Philly character.
The first floor commercial space and facade were fully renovated in 2019 with many significant improvements, including commercial windows and doors, new water and electrical service, ADA-compliant entrance ramp and customer bathroom, new HVAC, kitchen, and retail area with modern finishes. The space is currently occupied by Hello Donuts on a NNN lease, with the potential for an investor or owner-operator to launch a new venture in the future. Two full-floor loft-style apartments occupy the 2nd and 3rd levels of the building, featuring hardwood floors, in-unit laundry, central air, modern kitchens and baths, and large windows that give each unit tons of natural light. Both units have a strong rental history and are leased through August 2025.
As an added bonus, the property was recently reassessed and the taxes for 2025 will be DECREASED by $2000. Buyer and buyer's agent to verify 2024/2025 taxes and square footage.
Location
State PA
County Philadelphia
Area 19125 (19125)
Zoning CMX2
Interior
Hot Water Natural Gas
Heating Forced Air
Cooling Central A/C
Flooring Tile/Brick,Wood
Heat Source Natural Gas
Exterior
Utilities Available Water Available,Sewer Available,Natural Gas Available,Electric Available
Water Access N
Accessibility None
Road Frontage Boro/Township,State
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District The School District Of Philadelphia
Others
Tax ID 871541000
Ownership Fee Simple
SqFt Source Assessor
Acceptable Financing Cash,Conventional,Negotiable
Listing Terms Cash,Conventional,Negotiable
Financing Cash,Conventional,Negotiable
Special Listing Condition Standard