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1783 - 1983 W Main St. Multi-Tenant Mixed Use 1975 W Main St 5,000 SF 100% Leased Retail Building Norristown, PA 19403 For Sale
Investment Highlights
- Unit mix consists of ground floor storefront commercial spaces, 7 residential units and a 4 bay garage.
Executive Summary
1973 through 1983 West Main St, located in the West Norriton area of greater Norristown presents an exceptional investment opportunity to acquire an asset on a strategic corner neighborhood location, with a diverse revenue stream. The mixed-use building is comprised of 5 commercial spaces on the ground floor, 7 residential units on the upper floors. and a 4 bay garage. The property boasts modern amenities, attractive architectural features, and efficient floor layouts. Its prime location offers high visibility, foot traffic, and accessibility, making it an ideal destination for both commercial and residential tenants. Norristown is the county seat of Montgomery County, located about 20 miles northwest of Philadelphia along the Schuykill River. Norristown is a diverse, urban-style borough with a mix of historic architecture, government offices,working-class neighborhoods, and ongoing redevelopment and also serves as a major governmental and legal center for Montgomery County.
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Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
5,000 SF
Building Class
C
Year Built/Renovated
1850/2012
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.11
Lot Size
1.07 AC
Zoning
C - Main Street Commercial District
Parking
6 Spaces (1.2 Spaces per 1,000 SF Leased)
Frontage
165’ on W Main St
Amenities
- Tenant Controlled HVAC
- Storage Space
Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 63-00-06862-005 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $295,000 |
Property Taxes
Parcel Number
63-00-06862-005
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$295,000
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1783 - 1983 W Main St. Multi-Tenant Mixed Use | 1975 W Main St
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