234 W MAIN STREET Norristown, PA 19401

$205,000
234 W MAIN STREET, Norristown, PA 19401
PAMC103760

Commercial Property for sale in Norristown, PA

for $205,000. This building was built in 1900 on a lot size of 14.

Property Information

  • $205,000
  • Commercial
  • Taxes are $3,078
  • Other / Unknown
  • Active
  • Lot size of 14
  • Built in 1900
  • Norristown, PA
  • Montgomery County
  • MLS/Web ID is PAMC103760
  • Just Listed

Description

Mixed-use property containing 2, 098 square feet in a detached, masonry brick, part one, part two and part three-story building; site improvements includes concrete curb and sidewalk. Fully occupied with third-party tenants: retail store front at the first floor-front; and bi-level, three-bedroom apartment on second and third floors The first floor has a commercial unit accessed along the front elevation and also a rear door from the adjacent parking lot. The commercial unit is mostly a large, open store area but has a back room and powder room. There is a separate rear door leading to the stairway to the upper floor apartment. The basement is accessed via bulk-head door in the front sidewalk and interior stairway. The unfinished basement has utilities. The upper floor apartment has three bedrooms, a living room, kitchen, and bathroom. Property located in downtown area of Norristown, blocks from Montgomery County Courthouse and Transportation Center Hub. Property is zoned TC- Town Center. The commercial unit contains a service business with lease that expires in March 2020. The upper floor apartment has a tenant with term left until September 2019. All meters are separated. Good income producing property. Current Rental income totals - $1, 800 per month.

Room Information

  • Master Bedroom

Interior 3

Heating System

  • Hot Water Heater: Electric

Sewer

  • Public Sewer

Water Source

  • Public Water

Exterior 5

Construction

  • Brick

Lot Description

  • Level/Flat

Parking

  • Off Street Parking

Road Frontage

  • Boro/Township

Roof

  • Flat Roof

Miscellaneous 3

Location

  • Downtown
  • Near Highway

Maintenance Fee Includes

  • Trash/Garbage Pickup
  • Water

Public Transportation Location

  • Nearby

Rental 4

Landlord Pays

  • Sewer

Lease Terms

  • Month to Month

Rent Includes

  • Taxes

Tenant Pays

  • Electric

† Excluded Feature

Neighborhood & Schools

School District: NORRISTOWN AREA

 See complete school information

Listed By

Broker: COLDWELL BANKER PREFERRED-BLUE BELL

234 W MAIN STREET, Norristown, PA, 19401 is a Commercial Property for sale at $205,000 with a lot size of 14. 234 W MAIN STREET was built in 1900. The property's zip code is 19401 which is in Norristown, PA

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Market Pricing

Average % of sale price Median % of sale price
All listings in Norristown $324,861 58 % above $230,000 12 % above
Commerical listings in Norristown $514,689 151 % above $317,000 55 % above
Sold listings in Norristown $140,367 32 % below $140,000 32 % below

Get the facts about Norristown, PA!

Population 33,666
Population Growth (since 2000) 8 %
Median Income $43,961
Median Age 33.8
Households w/ Children 31 %

Residential Dwellings

  • Owned 4965
  • Vacant 1364
  • Rented 6757

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