Philadelphia, PA 19125,2557 AMBER ST
Philadelphia, PA 19125,2557 AMBER ST
Philadelphia, PA 19125,2557 AMBER ST
Philadelphia, PA 19125,2557 AMBER ST
Philadelphia, PA 19125,2557 AMBER ST
Philadelphia, PA 19125,2557 AMBER ST
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William Kane Halick, MBA

William Kane Halick, MBA

+1(973) 354-5000
$ 750,000
Est. payment | /mo

3,909 SqFt


$ 750,000
Est. payment | /mo

3,909 SqFt

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

Waterfront N

Water Access N

Accessibility None

Road Frontage Boro/Township, State

Parking Type On Street

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

Bright MLS (BMLS)
Listed by Marc A. Hammarberg • BHHS Fox & Roach At the Harper, Rittenhouse Square
agent-avatar

Making real estate simple, fun and easy for you!

+1(973) 354-5000

bhalick@njhomesmart.com

1599 Hamburg Turnpike, Wayne, NJ, 07470

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2557 AMBER ST