$ 749,000
-
$749,000
Price -
0
Bed -
0
Bath -
3,609
SqFt
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About the Listing 61007 - 3126032,3186587
Prime location in East Kensington / Fishtown! 2557 Amber Street offers an amazing opportunity to own an income-producing asset along Frankford Avenue’s bustling Business Corridor. Surrounded by new construction and new businesses, 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, an ADA-compliant entrance ramp and customer bathroom, new HVAC, kitchen, and retail area with modern finishes. Casa Borinqueña Restaurant currently occupies the space under a NNN lease through 2030, with a tenant option to renew through 2035. The commercial lease includes 3% yearly increases for consistent income growth. 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 September 2026 (Unit 2) and December 2026 (Unit 3).
Listing Highlights
Status
Active With Contingency
Days on Site
66
Property Type
Commercial Sale
MLS ®
PAPH2593408
Year Built
1875
Total Square Footage
3,609
Lot/Acreage
0.03
Interior Details
- Bedrooms: 0
- Bathrooms: 0 Full
- Appliances:
- Air Cond: Central A/C
- Heating: Forced Air
- Fireplaces:
- Floor: Tile/Brick,Wood
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water: Public
Exterior Details
- Lot Description: Not New Construction,Horse Property: No
- Garage Capacity: N/A
- Lot Dimensions: 28.00 x 75.00
- Zoning: CMX2
- Roof:
- Others: Excellent
- Sewer: Public Sewer
- Parking Features: On Street
Financial Details
- Tax Amount: $4,798
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: 2025
Payment Calculator
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Questions About..
2557 Amber St Philadelphia, PA 19125
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