MLS® ID: 7279079

232 W MAIN STREET

NORRISTOWN, Pennsylvania, 19401

$325,000 Active
  • - SQFT
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 1+ 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 - $3700 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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Listing courtesy of Coldwell Banker Preferred-Blue Bell

Amenities

  • Full baths
    0
  • Half baths
    0
  • Zip
    19401
  • Office name
    Coldwell Banker Preferred-Blue Bell
  • Subdivision
    NONE AVAILABLE
  • SQFT
    0
  • Bedrooms
    0
  • Property type
    Commercial Sale
  • Zoning type
    TC
  • School district
    NORRISTOWN AREA
  • Year built
    1900
  • Lot size
    0.15
  • Sewer
    Public Sewer
  • Heating
    Baseboard - Electric
  • Agent name
    Julie M Boland
  • Purchase Type
    Active
  • Price Range
    $300k-$400k
  • Square Feet Range
    < 1000 sq ft.
  • Year Built Range
    1989 (and earlier)
  • Office ID
    CBPREBB
  • Agent ID
    3145816

Location

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