$530,000 118 E Main St Norristown, PA

MLS: 6597301   Type: Commercial   County: Montgomery   City: Norristown   Area: Norristown Boro   Zip: 19401   Style: Commercial,Office,Professional,Instituitnl,Retail     Taxes: $7,348

Mortgage $2,488 /mo

Beds

Baths

Half Baths

Sqr Footage

Lot Size

Built

0

2

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4,792

1878

ONE DOWN AND 2 TO GO. 122 E. Main St. just SOLD. Now the remaining 2 "Baer's Furniture Store," parcels are available for purchase. Property consists of 2 parcels in downtown Norristown in the main commercial district, minutes from the SEPTA Mass Transportation Center, Rt. 202 and points north, east, south and west including main transportation routes, PA Turnpike, the Blue Rt. and Rt 100. This property is being sold together with adjacent parcel 120 E. Main ST. (separate tax parcels) for $530,000. Each parcel may also be purchased separately as follows: Bldg 118 E. Main: $265,000; Bldg 120 E. Main: $265,000. Expansive, open showroom space in front of building with warehouse space and courtyard in between buildings 118 & 120. Property expands from the front of E. Main St. to the back at Lafayette St. Property is part of the reconstruction of Main and Markley Sts. in downtown Norristown, designed to improve traffic and bring commerce back to this well-situated area. Heavy traffic count, approximately 16,000 average daily traffic volume. Zone "TC," many uses apply including retail, office, mixed use, apartments, institutional. Great opportunity for redevelopment and courtyard makes it ideal for apartments. Asking $9.00/SF to lease and willing to negotiate. Business is available for sale. See agent for details. Check with Norristown Zoning for uses.

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Price History

6/22/2017 Listed $530,000

Business Type Commercial, Office, Professional, Instituitnl, Retail, ResInvestmnt, Apartmnt Bld, R&D Flex Space
Hot Water Oil, Natural Gas
Is Twin No
Listing Area Norristown Boro (10613)
Location Downtown, Urban, MiddlOfBlock, ProfessCntr
Property Type Commercial
School District Norristown
Subdivision NONE AVAILABLE
Tax Annual Amount 7348.0
Tenancy 1 Yr or less
Tenant Pays PayElec, PayHeat, PayGas, PayWtr, PaySwr, PayHtWtr, PaySnowRemv, Trash Rem Chrg, PayCblTV, Tax, PayJantrl
Zoning TC

Interior Features

Buildingfeatures ClearSpan, ColumnSpacng, DisplayWndw, FireEscape, OverheadDoor, SecuritySys
Buildingfloors 3.0
Electric 200-300AmpEl
Flooring Tile/Brick, Wood, CarpetFlr, Vinyl, HeavyDutyFlr
Plumbing Galvanized, CopperPlumb
Utilities WaterAvail, SewerAvail, GasAvail, ElectrcAvail, PhoneUtil, CableTVAvail

Exterior Features

Exterior MasonryExt
Exterioramenities PubTransNear
Foundation ConcreteFoun
Lot Dimensions 20
Number of Buildings 3
Parking Features Off Site, PublPark, Off Street, Handicap Parking
Road Surface Type Boro/Township, State, US Hwy/Interstate
Roof FlatRoof
Sewer Public Sewer
Topography Level
Water Source Public
Waterfront N

Property Schools



Direct Link:

http://www.plumerre.net/property/16-6597301-118-E-Main-St-Norristown-PA-19401

Gallery (6 photos)

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Property vs Zip Code Avg (19401)

Price 530K Avg 356K

Taxes $7,348 Avg $9,553

Acres 0.11 Avg 0.36

Visits 8 Avg 14

Walkscore® 88 Avg 71

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Listing Provided Courtesy Of: Aptcor Commercial




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Location & Address

Plumer & Associates, Inc.
226 South Street
Philadelphia, PA
215-922-4200
215-922-7774