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).
Sold for $735,000
Zillow last checked:
Listing updated:
Bought with:
Anna Skale, AB068267
Keller Williams Main Line
Source: Bright MLS,MLS#: PAPH2593588
Price history
| Date | Event | Price |
|---|---|---|
| 7/29/2026 | Sold | $735,000-1.9%$204/sqft |
Source:  Bright MLS #PAPH2593588 Report a problem | ||
| 5/22/2026 | Contingent | $749,000$208/sqft |
Source: Bright MLS #PAPH2593588 Report a problem | ||
| 5/4/2026 | Price change | $749,000-3.4%$208/sqft |
Source: Bright MLS #PAPH2593588 Report a problem | ||
| 3/12/2026 | Listed for sale | $775,000+3.3%$215/sqft |
Source: Bright MLS #PAPH2593588 Report a problem | ||
| 12/12/2024 | Listing removed | $750,000$208/sqft |
Source: Berkshire Hathaway HomeServices Fox & Roach, REALTORS #PAPH2413686 Report a problem | ||
| 10/24/2024 | Listed for sale | $750,000$208/sqft |
Source: Bright MLS #PAPH2413686 Report a problem | ||
| 10/1/2024 | Listing removed | $750,000$208/sqft |
Source: Berkshire Hathaway HomeServices Fox & Roach, REALTORS #PAPH2385204 Report a problem | ||
| 9/4/2024 | Listed for sale | $750,000+68.5%$208/sqft |
Source: Bright MLS #PAPH2385204 Report a problem | ||
| 9/22/2016 | Sold | $445,000-1.1%$123/sqft |
Source: Public Record Report a problem | ||
| 8/5/2016 | Listed for sale | $450,000+125.1%$125/sqft |
Source: RE/MAX Access #6839898 Report a problem | ||
| 1/6/2016 | Listing removed | $1,000 |
Source: RE/MAX Access #6682308 Report a problem | ||
| 12/7/2015 | Listed for rent | $1,000 |
Source: The Somers Team at RE/MAX ACCESS Report a problem | ||
| 10/16/2012 | Listing removed | $199,900$55/sqft |
Source: isNowListed.com Report a problem | ||
| 1/13/2012 | Listed for sale | $199,900$55/sqft |
Source: RE/MAX ACCESS #5991092 Report a problem | ||
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Estimated market value
$719,500
