Address
10-14 N Trooper Road Norristown, PA
Price
$ 750,000
Property Attributes
- MLS#PAMC641810
- TypeCommercial
- CountyMONTGOMERY
- CityNorristown
- AreaWest Norriton Twp
- Zip19403
- StyleApartment Building,Big Box Retail,Day Care Facilit
- Taxes12840
- Price$ 750,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage89298
- Lot Size2.05 Acres
Listing Provided Courtesy Of:
KW Commercial
Data Source:
Bright MLS
Property Description
Located directly across from the newly constructed (2019/2020) Lidl Supermarket, our team is pleased to offer this prime redevelopment opportunity in West Norriton Township. This +/- 2.05 acre rectangular site offers excellent street frontage in a market boasting a median household income of nearly $88,000 in a 1 mile radius. The property is positioned within close proximity to the signalized intersection of Ridge Pike (20,000 VPD, 2017 traffic study) and Trooper Road (12,000 VPD, 2017 traffic study). The immediate submarket has experienced significant growth, as evident by recent retail expansions and both national and international brands establishing new locations along the corridor. Immediately adjacent to West Norriton's Revitalization District, the Ridge Pike/Main Street corridor is expected to see increased redevelopment and retail/medical/office expansion, creating a valuable opportunity for a developer to capitalize on a large site with key grocery frontage. The site is ideal for a variety of uses including, age-restricted living, multifamily, seniors housing, daycare, medical, office, storage, retail, restaurant, or fast food.The property is under single-ownership and is currently improved with two single-family homes offering public water/sewer and direct access to gas at the street.
| Price History | |
|---|---|
| 3/4/2020 | Listed $999,990 |
| 7/22/2020 | 25% - $750,000 |
General Features
| Accessibility | None |
|---|---|
| Business Type | Apartment Building, Big Box Retail, Day Care Facility, Garden Center, Health Club, Medical, Other/General Retail, Pad Site, Professional, Religious Facility, Recreation, School, Storage, Other |
| Construction Materials | Other |
| Cool Fuel | Other |
| Cooling | Other |
| County | MONTGOMERY |
| Days on Market | 400 |
| Heating | Other |
| Historic Y/N | No |
| MLS Area | West Norriton Twp (10663) |
| New Construction | No |
| Ownership | Fee Simple |
| Possession | Immediate |
| Property SubType | Land for Commercial Use |
| Property Type | Commercial Sale |
| Sewer | Public Sewer |
| Tax Annual Amount | 12840.0 |
| Tax Year | 2020 |
| Vacation Rental Y/N | No |
| Water Access Y/N | No |
| Zoning | R2 |
Interior Features
| Central Air Y/N | No |
|---|---|
| Heating Fuel | Natural Gas Available |
| Heating Y/N | Yes |
| Hot Water | Other |
Exterior Features
| Building Area Total | 0.00 |
|---|---|
| Fencing Y/n | No |
| Lot Features | Cleared, Level, Open, Road Frontage |
| Lot Size Acres | 2.05 |
| Lot Size Source | Estimated |
| Lot Size Square Feet | 89298.00 |
| Navigable Water Y/N | No |
| Road Frontage Length | 205 |
| Road Surface Type | Paved |
| Roadresponsibility | State |
| Type of Parking | Other |
| Water Oriented Y/N | No |
| Water Source | Public |
| Water View Y/N | No |
| Waterfront Y/N | No |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Master On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Zip Code Average in 19403
Price
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