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1501-25 N American Street

PHILADELPHIA, PA 19122
  • $35
  • STATUS: Active
  • ON SITE: 116 Days
  • ID#: PAPH2071938
$35
  • 0
    BEDS
  • 0.47
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial-Lease
Built:
2022
County:

School Ratings & Info

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).

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©2022 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or The Pierre Group | United Real Estate. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2022-05-18T23:50:38.523.
www.thepierreregroup.com/homes/124994933
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1501-25 N American Street PHILADELPHIA, PA 19122

  • Price: $35
  • Status: Active
  • On Site: 116 Days
  • ID#: PAPH2071938
0
Beds
0
Baths
0
½ Baths
0.47
Acres
2022
Built
Neighborhood:
19122 (19122)
County:
Philadelphia
Area:
19122 (19122)
School District:
The School District Of Philadelphia
Property 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).
Exterior Features

Construction Materials BrickGlassConcrete Garage YN No Location Type Corner Lot/Unit Parking Types On Street Property Condition Excellent Riparian Rights YN No Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

Interior Features

Building Area Total 0.00 Cooling Heat Pump(S) Flooring Concrete Heating Heat Pump(S) Heating YN Yes Leasable Area 2700

Property Features

Accessibility Features Level Entry - Main Business Type Other/General RetailRestaurant/BarSupermarket/Grocery Store Central Air YN No Construction Completed YN No Current Use Retail Heating Fuel None Hot Water Natural Gas Municipality Philadelphia Navigable Water YN N New Construction YN Yes Original MLSNumber 801299681074 Ownership Interest Other Property Sub Type Retail Purchase Optional YN No Sewer Public Sewer Vacation Rental YN No Water Source Public Zoning Irmx

Listing courtesy of Msc Retail, Inc..


©2022 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or The Pierre Group | United Real Estate. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2022-05-18T23:50:38.523.
 
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The Pierre Group | United Real Estate
676 Swedesford Rd
Wayne PA, 19087