1522 N American Street Philadelphia, PA $ 1,200,000
1522 N American Street
$ 1,200,000
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1522 N American Street

Philadelphia, PA, 19122
$ 1,200,000
Baths0.0 Sq 4,000

Monthly Estimate*

$ 7,976

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Studio

Commercial Property for sale in Philadelphia, PA

for $1,200,000. This 4,000 square foot building was built in 1920 on a lot size of 0.09.

Introducing an Exceptional Gallery Space in Philadelphia's Vibrant Olde Kensington Neighborhood Welcome to this remarkable 4000 square foot gallery space located on American Street in the heart of Philadelphia's Olde Kensington neighborhood. Nestled at the edge of Northern Liberties and Fishtown, this prime location offers an incredible opportunity to immerse yourself in the burgeoning art scene of the city. Situated along the rapidly developing American Street corridor, this area is quickly establishing itself as the epicenter of art and creativity in Philadelphia. The gallery space enjoys a coveted position within this art hub, surrounded by a dynamic mix of artists, galleries, studios, and cultural institutions. From the moment you step inside, you'll be captivated by the artful design and meticulous care that has gone into maintaining this space. Its street-to-street layout provides a seamless connection, offering a versatile and inviting environment for showcasing a diverse range of artistic expressions. Already renowned among the artistic community, this gallery space has become a sought-after destination for artists and art enthusiasts alike. Its reputation for fostering creativity and providing an engaging atmosphere has attracted a steady stream of visitors seeking inspiration and unique experiences. The location of this gallery space is nothing short of extraordinary. It enjoys a prominent position directly across from the newly relocated Clay Studio, a renowned institution dedicated to ceramics and the visual arts. In addition, being in close proximity to a few exciting breweries adds to the area's vibrant and lively character, creating a captivating blend of art, culture, and culinary delights. Furthermore, there are exciting developments on the horizon that will further enhance the appeal of this already thriving artistic enclave. Two new museums, yet to be unveiled to the public, are set to contribute to the cultural fabric of the neighborhood, making it an even more compelling destination for art enthusiasts and cultural connoisseurs. Immerse yourself in the creative energy of Olde Kensington, where art, culture, and community seamlessly intertwine. Don't miss the opportunity to be part of this thriving artistic ecosystem and make this exceptional space your own.

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Commercial Active

Price

$ 1,200,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 5,408

Style

Lot Size

0.09

Year Built

1920

Town/City

Philadelphia

County/Region

Philadelphia

MLS | Web ID

PAPH2242316

Features
Interior
Heating Fuel Natural Gas
Flooring Concrete
Hot Water Electric
Heating Y/N Y
Street Suffix STREET
Central Air Y/N Y
Total Restrooms 1
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General
Sewer Public Sewer
Heating Central
Cooling Central A/C
Utilities Natural Gas Available Electric Available Phone Sewer Available Water Available
Possession 120-180 Days
Roof Flat Rubber
Zoning ICMX
Construction Materials Masonry
Exclusions Refgrigerator Farm Tables (2) Round Reception Table Desk Furniture Light Fixtures and Sculpters. (All negotiable)
Year Built 1920
Electric 200+ Amp Service
View Street
Property SubType Mixed Use
Tax Year 2023
Percent Ownership Fee Simple
Cool Fuel Electric
Municipality PHILADELPHIA
Business Type Other
Accessibility 2+ Access Exits 32 + wide Doors >84 Garage Door Doors - Lever Handle(s) Grab Bars Mod
County PHILADELPHIA
New Construction N
Property Type Commercial Sale
Subdivision Name KENSINGTON
Possible Use Automotive Bar/Tavern/Lounge Barber/Beauty Beer/Wine/Liquor Church Clothing Commercial Convenience Store Day Care Development Distribution Dry Cleaner Financial Flex Space Florist/Nursery Food & Beve
Water Access Y/N N
Status ACTIVE
Directions American Street between Oxford and Jefferson
City PHILADELPHIA
Buyer Agent Compensation 2
Disclosures None
MLS Area 19122 (19122)
Lot Size Square Feet 4080.00
Waterfront Y/N N
Street Name AMERICAN
Tax Annual Amount 5408.0
Property Condition Excellent
Price Per Sq Ft Total 300.0
Acceptable Financing Cash Seller Financing Private
Historic Y/N N
Vacation Rental Y/N N
Days on Market 241
Location Type Other
Standard Status Active
Year Built Source Assessor
Tax Lot 216
Buyer Agent Compensation Type % Of Gross
Association Recreation Fee N
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Exterior
Water Source Public
Inclusions Work benches shelving steel file cabinets industrial sinks dishwasher Murphy bed track lighting (all as is condition)
Type of Parking Driveway On Street Private Garage
Foundation Details Concrete Perimeter
Water View Y/N N
Building Area Total 4000.00
Lot Dimensions 34.00 x 120.00
Lot Size Acres 0.09
Lot Size Units Square Feet
Lot Size Source Assessor
Land Assessed Value 77280.00
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 1522
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* Excluded Features
List By
Keller Williams Main Line

Broker

yolyteran@kw.com

Email

Affordability Calculator

$8,426
Per Month
95%
5%
0%
Monthly Principal & Interest
$7,976
Monthly Property Taxes
$451
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
2136830 Elementary School
2137124 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/4/2024$1,200,000 -14.29% Price Down
2/8/2024$1,400,000 -22.22% Price Down
9/6/2023$1,800,000 -10.00% Price Down
6/1/2023$2,000,000 Listed Price

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1522 N American Street, Philadelphia, PA, 19122 is a Commercial Property for sale at $1,200,000 with 4,000 sqft and a lot size of 0.09. 1522 N American Street is a studio with 0.0 baths and was built in 1920. The property's zip code is 19122 which is in Philadelphia, PA