1602-12 Frankford Ave

Fishtown has quickly become one of Philadelphia’s most sought-after destinations. Forbes magazine recently highlighted “How Fishtown, Philadelphia Became America’s Hottest New Neighborhood,” recognizing the area’s incredible growth and vibrant energy. Once a quiet riverfront community, Fishtown has transformed into a cultural hub celebrated for its creative spirit, walkability, and unmatched local character. The neighborhood has seen a major surge in both population and development, with several high-density projects currently under construction. This wave of new residential buildings, retail spaces, and modern mixed-use properties continues to elevate the area and attract newcomers from all over the city. Fishtown is known for offering some of Philadelphia’s best restaurants, coffee shops, boutiques, and art galleries. The food scene is thriving, and the neighborhood’s lively nightlife features popular music venues, craft breweries, bars, and cocktail lounges. Despite its rapid growth, Fishtown maintains a strong sense of community, blending historic charm with a modern, creative edge. In addition to its cultural offerings, Fishtown provides exceptional convenience and connectivity. Residents enjoy easy access to I-95, major bridges, and the Market-Frankford Line, making travel around the city simple and efficient. Walkable streets, local businesses, and proximity to the Delaware River Trail create an ideal urban lifestyle. With ongoing investment and new development shaping its future, Fishtown remains one of Philadelphia’s most dynamic and desirable neighborhoods for both residents and investors alike.MPN Realty is pleased to Exclusively Represent the Ownership of 1602-12 Frankford Avenue located in the Fishtown neighborhood of Philadelphia. 60 years ago, The Kensington Station Post Office signed its original lease in 1965. The facility was built specifically for the US Postal Service by Ricciardi Construction Company (RCC), a family business. A Ricciardi family member still owns it today. We are proud to offer this property for sale, for the first time in 60 years. Presently, the Post Office is nearing the end of their final option period, and therefore, the lease will officially expire on July 31st, 2027. The Post office intends to relocate. The Asking Price is $5,500,000 MPN is promoting this property as a 12,000 SF development opportunity with site dimensions of 100’ X 120’ : (100’ on Frankford Avenue and 120’ along E. Columbia Ave). The property is zoned CMX-2, which allows for a multitude of mixed uses. Fishtown is often referred to as “the Brooklyn of Philadelphia”. It has its own vibe. There is an eclectic array of chic restaurants, bars, fine dining, national retail, and many colorful and interesting locally owned boutiques, making Fishtown a destination for visitors and locals who appreciate it’s sophisticated urban environment. Fishtown has been featured in many national publications which tout lists like “best place to visit” or ‘best restaurant scene” or even “best new hot neighborhood.”