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2490 Boulevard Of The Generals Norristown, PA $ 3,200,000
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2490 Boulevard Of The Generals
$ 3,200,000
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2490 Boulevard Of The Generals

Norristown, PA, 19403
$ 3,200,000
Bedrooms-- Baths-- Sq 20,754

Monthly Estimate*

$ 19,964

2490 Boulevard Of The Generals, Norristown, PA 19403 - Image 1
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Commercial Property for sale in Norristown, PA

for $3,200,000. This 20,754 square foot building was built in 1981 on a lot size of 2.49.

Gola Real Estate Investment Services is pleased to present an exceptional opportunity to purchase 2490 Boulevard of the Generals, Norristown, PA. The 2-story office building is 100% occupied by 5 tenants totaling 20,754 Square Feet. Option for User Buyers. There is an option where the Sellers are able to deliver a 7,951 SF space vacant if the Buyer wants to occupy the building themselves. The building has a historically strong occupancy with 3 of the 5 tenants being here 15+ years. Located in the Limited Commercial & Industrial District allows for a diverse range of uses such as traditional office, medical office, or light industrial uses. Total Gross income of $468,819 with 2024 Operating Expenses of $199,595. Net Operating Income of $269,224 which is an 8.41% cap rate at Ask Price

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Commercial Active

Price

$ 3,200,000

Property Type

Commercial

Taxes

$ 65,816

Style

Lot Size

2.49

Year Built

1981

Town/City

Norristown

County/Region

Montgomery

MLS | Web ID

PAMC2148362
Features
Interior
Heating Fuel Electric
Hot Water Electric
Total Stories 2
Heating Y/N Y
Central Air Y/N Y
Number of Elevators 1
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General
Sewer Public Sewer
Heating Heat Pump(s)
Cooling Central A/C
Possession Other
Zoning LC&I
Construction Materials Other
Year Built 1981
Property Subtype Office
Tax Year 2024
Ownership Fee Simple
Cool Fuel Electric
Municipality WEST NORRITON TWP
Gross Income 468819.00
Business Type Other
Accessibility Elevator
County MONTGOMERY
Net Operating Income 269224.00
Operating Expense 199595.00
New Construction N
Property Type Commercial Sale
Water Access Y/N N
Status ACTIVE
Directions Maps
City NORRISTOWN
Disclosures Agent Related to Owner Agent has Financial Interest
Number Of Units Total 5
MLS Area West Norriton Twp (10663)
Lot Size Units Square Feet
Lot Size Square Feet 108464.00
Tax Annual Amount 65816.0
Property Condition Excellent
Price Per Sq Ft Total AG 154.19
Vacation Rental Y/N N
Standard Status Active
Year Built Source Assessor
Tax Lot 070
Cap Rate 8.41
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Exterior
Water Source Public
Type of Parking Parking Lot
Water View Y/N N
Building Area Total 20754.00
Lot Dimensions 390.00 x 0.00
Lot Size Acres 2.49
Lot Size Source Assessor
Waterfront Y/N N
Land Assessed Value 0.00
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 2490
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* Excluded Features
List By
Gola Corporate Real Estate, Inc

Broker

bgola@gola.com

Email

Affordability Calculator

$25,449
Per Month
78%
22%
0%
Monthly Principal & Interest
$19,964
Monthly Property Taxes
$5,485
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
2136830 Elementary School
2137124 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
7/21/2025$3,200,000 Listed Price

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2490 Boulevard Of The Generals, Norristown, PA, 19403 is a Commercial Property for sale at $3,200,000 with 20,754 sqft and a lot size of 2.49. 2490 Boulevard Of The Generals was built in 1981. The property's zip code is 19403 which is in Norristown, PA

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