What Will Happen to Prince’s Fairmount 1500?

This past week, we showed you renderings of a new thirty unit residential development at 1424 Fairmount Ave. What we didn’t mention is the nuisance bar immediately next door, Prince’s Fairmount 1500 Lounge, located on the corner of 15th and Fairmount Ave.

Prince’s, aside from being located in an amazing, old-timey looking tavern building, was definitely a throwback to the neighborhood’s rougher past. On the building is a yellow sign indicating that the building is for sale, but we learned that the developers of 1424 Fairmount Ave. purchased the bar building back in August for $287.5K.

We don’t know what’s going to happen to this place, but we’re willing to bet that it’ll be getting a makeover in the not-too-distant future. We just hope that they don’t do anything to the building itself- the place just looks too cool.

As an aside, does anyone know why a bar located at 1438 Fairmount Ave. had 1500 in its name? Kind of confusing, right?