Address
259 E Main Street Norristown, PA
Price
$ 489,000
Property Attributes
- MLS#PAMC681560
- TypeCommercial
- CountyMONTGOMERY
- CityNorristown
- AreaNorristown Boro
- Zip19401
- StyleGeneral Retail,Medical,Professional
- Year Built1890
- Taxes11407
- Price$ 489,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage14152
- Lot Size6,098 SqFt
Listing Provided Courtesy Of:
SJI Jackson Real Estate
Data Source:
Bright MLS
Property Description
SJI Jackson Real Estate extends to qualified investors the opportunity to acquire the fee simple interest in the commercial property located at the corner of 259 E. Main Street in Norristown, Pennsylvania. This property is located in the rapidly redeveloping Main Street corridor of the Borough of Norristown and in close proximity to the Montgomery County Courthouse and SEPTA's Norristown Transportation Center, with an estimated 17,500 daily car traffic count. The commercial building is for sale and does not include the existing business. Currently the 1st floor is occupied, with the 2nd and 3rd floors empty and used just for storage. Ample parking located in the rear and along Main Street. Neighboring lot is in process of being redeveloped into a 5 story, mixed use building feature retail on the first floor with apartments above. Current zoning is TC - Town Center which allows for multiple uses. This project is situated in Norristown Borough's Federal Qualified Opportunity Zone, allowing for beneficial tax investment incentives. Neighboring lot is in process of being redeveloped into retail first floor with apartments above. Property is being offered in As-Is condition.
| Price History | |
|---|---|
| 1/28/2021 | Listed $489,000 |
General Features
| Acceptable Financing | Cash, Conventional, Private, Other |
|---|---|
| Accessibility | 32 + wide Doors |
| Business Type | Other/General Retail, Medical, Professional |
| Construction Materials | Brick, Brick Front |
| Cool Fuel | Electric |
| Cooling | Central A/C |
| County | MONTGOMERY |
| Days on Market | 52 |
| Exclusions | Business and contents are not for sale |
| Flooring | Hardwood |
| Heating | Forced Air |
| Location Type | Urban |
| MLS Area | Norristown Boro (10613) |
| New Construction | No |
| Ownership | Fee Simple |
| Parking Features | Surface |
| Possession | Settlement |
| Property SubType | Other |
| Property Type | Commercial Sale |
| Roof | Flat |
| Sewer | Public Sewer |
| Tax Annual Amount | 11407.0 |
| Tax Lot | 026 |
| Tax Year | 2021 |
| Vacation Rental Y/N | No |
| Water Access Y/N | No |
| Zoning | TC - TOWN CENTER |
| Zoning Description | Per MLS, Mis: Retail, Ofc, Apts - Multi Use |
Interior Features
| Central Air Y/N | Yes |
|---|---|
| Heating Fuel | None |
| Heating Y/N | Yes |
| Hot Water | Natural Gas |
Exterior Features
| Building Area Total | 0.00 |
|---|---|
| Fencing Y/n | No |
| Inclusions | As is, building only. Business and contents are not part of this transaction. |
| Lot Dimensions | 40.00 x 0.00 |
| Lot Size Acres | 0.14 |
| Lot Size Source | Assessor |
| Lot Size Square Feet | 6000.00 |
| Navigable Water Y/N | No |
| Road Frontage Length | 40 |
| Type of Parking | On Street, Parking Lot |
| 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 19401
Price
Taxes
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Year Built
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