1501-25 N American Street

Description

Incredible corner 2,700 SF (plus basement) retail opportunity on the burgeoning American Street corridor in the heart of Olde Kensington. Delivering in the summer of 2022, this space features prominent glass exposure, high ceilings and a functional layout, perfect for many retail or amenity uses. 1525 North American Street is located at the intersection of Philadelphia's Fishtown & Olde Kensington neighborhoods. The site has irreplaceable positioning along the southernmost part of North American Street, a double-wide corridor with an abundance of light and air. Through federal funding received by the City of Philadelphia, American Street recently underwent a $26.4M streetscape project to promote increased foot traffic through the creation of bike lanes, new street trees, lighting, and public plazas. Some of Philadelphia's most prolific multifamily developers have positioned themselves on the corridor, with the expectation that upwards of one thousand residential units will be delivered in the next 2-3 years in addition to other ancillary commercial uses including the soon-to-be-completed Clay Studio. The Fishtown and Olde Kensington submarkets are among Philadelphia's hottest and most cultured, and the area has become a culinary, hospitality, and nightlife destination. Some of the best new restaurants in the city including Suraya, Laser Wolf (a Cook N Solo restaurant, which was recently ranked by NY Times as "one of the 50 restaurants they are most excited about in 2021), LMNO (recently opened Stephen Starr restaurant), Middle Child, and Pizzeria Beddia are all within close walking distance of 1525 NA. Frankford Hall (Stephen Starr) and La Colombe's headquarters (in addition to a large storefront/caf+-) are located on Frankford Avenue. In addition, many new experiential retail concepts and entertainment venues have opened in close proximity including Brooklyn Bowl, Live Nation, Five Iron Golf, and Other Half Brewing (NYC-based Brewery).