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1973 - 1983 W Main St. Multi-Tenant Mixed Use 1975 W Main St 7 Unit Apartment Building For Sale Norristown, PA 19403
Investment Highlights
- Properties consist of 7 residential units, ground floor storefront commercial spaces, and a 4 bay garage.
Executive Summary
Great mixed-Use property with long term tenants. 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 Schuylkill 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.
Data Room Click Here to Access
Financial Summary (Actual - 2025) |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$213,684
|
$14.72
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$213,684
|
$14.72
|
| Taxes |
$24,923
|
$1.72
|
| Operating Expenses |
$57,079
|
$3.93
|
| Total Expenses |
$82,002
|
$5.65
|
| Net Operating Income |
$131,682
|
$9.07
|
Financial Summary (Actual - 2025)
| Gross Rental Income | |
|---|---|
| Annual | $213,684 |
| Annual Per SF | $14.72 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $213,684 |
| Annual Per SF | $14.72 |
| Taxes | |
|---|---|
| Annual | $24,923 |
| Annual Per SF | $1.72 |
| Operating Expenses | |
|---|---|
| Annual | $57,079 |
| Annual Per SF | $3.93 |
| Total Expenses | |
|---|---|
| Annual | $82,002 |
| Annual Per SF | $5.65 |
| Net Operating Income | |
|---|---|
| Annual | $131,682 |
| Annual Per SF | $9.07 |
Property Facts
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Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
50/100
Property Taxes
| Parcel Numbers | Total Assessment | $464,020 (2026) | |
| Land Assessment | $0 (2026) | Annual Taxes | $24,923 ($1.72/SF) |
| Improvements Assessment | $0 (2026) | Tax Year | 2025 |
Property Taxes
Parcel Numbers
Land Assessment
$0 (2026)
Improvements Assessment
$0 (2026)
Total Assessment
$464,020 (2026)
Annual Taxes
$24,923 ($1.72/SF)
Tax Year
2025
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