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307 E Airy St 14,000 SF Industrial Building Norristown, PA 19401 $395,000 ($28.21/SF)

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Executive Summary

14000 SF, Freestanding all brick & masonry building on 2 floors with platform loading features a variety of possible entrances currently being used as a warehouse for the surplus inventory and equipment for the food production and distribution company that owns it that is across the street . Rear fenced lot could be developed into more parking another possible parking lot is across the street and for sale with our company for $275,000 and is an 8000 SF paved and fenced lot at 332 -338 East Airy street- see aerial picture attached.

Zoning-Code-Municipality-Of-Norristown TC II Town Center II District

Property Facts

Price	$395,000	Rentable Building Area	14,000 SF
Price Per SF	$28.21	No. Stories	2
Sale Type	Investment or Owner User	Year Built	1950
Sale Conditions	Redevelopment Project Building in Shell Condition	Tenancy	Single
Property Type	Industrial	Parking Ratio	0.57/1,000 SF
Property Subtype	Warehouse General Retail Convenience Store General Retail Freestanding FlexLight Distribution	No. Dock-High Doors/Loading	1
Building Class	C	Cross Streets	Arch St
Lot Size	0.26 AC	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning	TC-II - TC-II Town Center II District Retail establishments SEE ZONING CODE ATTACHED

Price	$395,000
Price Per SF	$28.21
Sale Type	Investment or Owner User
Sale Conditions	Redevelopment Project Building in Shell Condition
Property Type	Industrial
Property Subtype	Warehouse General Retail Convenience Store General Retail Freestanding FlexLight Distribution
Building Class	C
Lot Size	0.26 AC
Rentable Building Area	14,000 SF
No. Stories	2
Year Built	1950
Tenancy	Single
Parking Ratio	0.57/1,000 SF
No. Dock-High Doors/Loading	1
Cross Streets	Arch St
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning	TC-II - TC-II Town Center II District Retail establishments SEE ZONING CODE ATTACHED