Address
259 E Main Street Norristown, PA
Price
$ 489,000
Property Attributes
  • MLS#PAMC681560
  • TypeCommercial
  • CountyMONTGOMERY
  • CityNorristown
  • AreaNorristown Boro
  • Zip19401
  • StyleGeneral Retail,Medical,Professional
  • Year Built1890
  • Taxes$ 11407
  • Price$ 489,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage14152
  • Lot Size6,098 SqFt
Listing Provided Courtesy Of:
SJI Jackson Real Estate
Data Source:
Bright MLS
Property Description

SJI Jackson Real Estate extends to qualified investors the opportunity to acquire the fee simple interest in the commercial property located at the corner of 259 E. Main Street in Norristown, Pennsylvania. This property is located in the rapidly redeveloping Main Street corridor of the Borough of Norristown and in close proximity to the Montgomery County Courthouse and SEPTA's Norristown Transportation Center, with an estimated 17,500 daily car traffic count. The commercial building is for sale and does not include the existing business. Currently the 1st floor is occupied, with the 2nd and 3rd floors empty and used just for storage. Ample parking located in the rear and along Main Street. Neighboring lot is in process of being redeveloped into a 5 story, mixed use building feature retail on the first floor with apartments above. Current zoning is TC - Town Center which allows for multiple uses. This project is situated in Norristown Borough's Federal Qualified Opportunity Zone, allowing for beneficial tax investment incentives. Neighboring lot is in process of being redeveloped into retail first floor with apartments above. Property is being offered in As-Is condition.

Price History
1/28/2021 Listed $489,000

General Features

Acceptable Financing Cash, Conventional, Private, Other
Accessibility 32 + wide Doors
Business Type Other/General Retail, Medical, Professional
Construction Materials Brick, Brick Front
Cool Fuel Electric
Cooling Central A/C
County MONTGOMERY
Days on Market 126
Exclusions Business and contents are not for sale
Flooring Hardwood
Heating Forced Air
Location Type Urban
MLS Area Norristown Boro (10613)
Municipality NORRISTOWN BORO
New Construction No
Ownership Fee Simple
Parking Features Surface
Possession Settlement
Property SubType Other
Property Type Commercial Sale
Roof Flat
Sewer Public Sewer
Tax Annual Amount 11407.0
Tax Lot 026
Tax Year 2021
Vacation Rental Y/N No
Water Access Y/N No
Zoning TC - TOWN CENTER
Zoning Description Per MLS, Mis: Retail, Ofc, Apts - Multi Use

Interior Features

Central Air Y/N Yes
Heating Fuel None
Heating Y/N Yes
Hot Water Natural Gas

Exterior Features

Building Area Total 0.00
Fencing Y/n No
Inclusions As is, building only. Business and contents are not part of this transaction.
Lot Dimensions 40.00 x 0.00
Lot Size Acres 0.14
Lot Size Source Assessor
Lot Size Square Feet 6000.00
Navigable Water Y/N No
Road Frontage Length 40
Type of Parking On Street, Parking Lot
Water Oriented Y/N No
Water Source Public
Water View Y/N No
Waterfront Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 19401

Price
AVG $370K
$490K
Taxes
AVG $7,920
$11,407
Visits
AVG 126
50
Year Built
AVG 1911
1890
Walkscore
AVG 75
82
Data Provided by Walkscore ® not using MLS data

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