232 W MAIN STREET Norristown, PA $ 335,000
232 W MAIN STREET
$ 335,000

232 W MAIN STREET Norristown, PA, 19401

$ 335,000
Bedrooms Baths-- Sq 3,026

Monthly Estimate*

$ 1,299

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Commercial Property for sale in Norristown, PA

for $335,000. This 3,026 square foot building was built in 1900 on a lot size of 0.15 Acre(s).

232 W Main Street Mixed-use property containing 3, 026 square feet in a detached, masonry brick, part one, part two and part three-story building; site includes rear gravel-paved parking lot. Fully occupied with third-party tenants: retail store front at the first floor-front; efficiency apartment at first floor-rear; and apartments on second and third floors. Separate electric panels, meters and hot water heaters per unit; 100-amp circuit breakers. Separate electric baseboard heating; air conditioned via window/wall units. The property has good access and above average visibility from Main Street, which is a local commercial thoroughfare travel artery with above average traffic counts for the area. The first floor has a commercial unit and a rear efficiency apartment accessed at the rear from the parking lot. The commercial unit is mostly a large, open store area but has 2 back rooms and powder room. To access the upper floor apartments there is a separate front door leading to the stairway for the upper floor apartments. The basement is accessed via bulk-head doors in the front sidewalk. The basement has utilities. The second-floor apartment has one bedroom, a living area, kitchen, and bathroom. The upper apartment is bi-level, has two bedrooms, kitchen and living space, and a full bathroom. The Property is located in downtown area of Norristown, blocks from Montgomery County courthouse and Transportation Center hub. Flexible use rooms on first floor make it easy to access public sidewalk/foot traffic. There are approximately 12 parking spots in rear of this building. This 4-Unit property is completely rented. The commercial lease is a 2-year lease and the apartments leases are Month/Month. Tenants pay Gas and Electric. All meters are separated. Good income producing property. Current Rental Income totals - $3900 per month. Seller is selling 4 parcels together. Parcels included are 13-00-22504-001, 13-00-22508-006, 13-00-22520-003 and 13-00-22512-002.

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Commercial Active

Price

$ 335,000

Property Type

Commercial

Taxes

$ 4,159

Style

Other / Unknown

Lot Size

0.15 Acre(s)

Year Built

1900

Town/City

Norristown

County/Region

Montgomery

MLS | Web ID

PAMC103746

Features
Room Sizes
Master Bedroom
Interior
Heating Source Electric
Heating System Hot Water Heater: Electric
Sewer Public Sewer
Water Source Public Water
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Exterior
Construction Brick
Lot Description Level/Flat
Road Frontage Boro/Township
Roof Flat Roof
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Miscellaneous
Location Downtown
Maintenance Fee Includes Trash/Garbage Pickup Water
Public Transportation Location Nearby
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Rental
Landlord Pays Sewer
Lease Terms Negotiable
Rent Includes Parking Taxes
Tenant Pays Electric Heating
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* Excluded Features
List By

Listing Agent

Coldwell Banker Preferred-Blue Bell

Broker


Affordability

$ 1,645 per month
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Monthly Principal & Interest
$1,299
Monthly Property Taxes
$347
Monthly Home Insurance
--

Default based on a 30-year fixed rate of 4.125% 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
NORRISTOWN AREA School District

Map


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232 W MAIN STREET, Norristown, PA, 19401 is a Commercial Property for sale at $335,000 with 3,026 sqft and a lot size of 0.15 Acre(s). 232 W MAIN STREET was built in 1900. The property's zip code is 19401 which is in Norristown, PA