$398,000

130 E Main St

NORRISTOWN PA, 19401

Description

Great business or investment opportunity! Prime location across the street from the new Five Saints Distilling Company, and only a block away from the Norristown courthouse. The property is currently being used as a corner market and deli. The apartments above are fully occupied on a monthly rent basis and are included in the sale. Inventory can be purchased separately. High street visibility and traffic count. Property is close to SEPTA station as well. Some permitted uses at the property include restaurants, delicatessens, luncheonettes, coffee shops, retail bakers, bars, taverns or other places serving food or beverages, as well as business offices, professional offices, government offices and office buildings among many. 13% CAP Rate

Details

MLS#PAMC620540
StyleIndustrial
Sub-TypeResale
StatusActive
Year1875
Days On Site126

Features

SQ Feet2,282
Story(s)0
ZoningTC

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Area Information

StatePA
CityNORRISTOWN
Zip Code19401
AreaNorristown Boro (10613)
Listing VS Median (in 19401)
Price:
$398,000
low | high
Med:
$135,000
100% of Average
SqFt:
2,282
low | high
Med:
1,992
62.708150744961% of Average
$ / SqFt:
$174
low | high
Med:
$68
100% of Average
On Site:
126
low | high
Med:
3
100% of Average
Listing Updated: 12/09/2019
MLS Number: PAMC620540
Listing Provided By:
William Sharkey  of  Green Street Real Estate LLC