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118 E Main St, Norristown, PA 19401

$530,000

  • For Sale
  • Active
  • Commercial
118 E Main St, Norristown, PA 19401 View this property at 118 E Main St, Norristown, PA 19401
118 E Main St Norristown PA 19401

Property Description

ONE DOWN AND 2 TO GO. 122 E. Main St. just SOLD. Now the remaining 2 "Baer's Furniture Store," parcels are available for purchase. Property consists of 2 parcels in downtown Norristown in the main commercial district, minutes from the SEPTA Mass Transportation Center, Rt. 202 and points north, east, south and west including main transportation routes, PA Turnpike, the Blue Rt. and Rt 100. This property is being sold together with adjacent parcel 120 E. Main ST. (separate tax parcels) for $530,000. Each parcel may also be purchased separately as follows: Bldg 118 E. Main: $265,000; Bldg 120 E. Main: $265,000. Expansive, open showroom space in front of building with warehouse space and courtyard in between buildings 118 & 120.
Property expands from the front of E. Main St. to the back at Lafayette St. Property is part of the reconstruction of Main and Markley Sts. in downtown Norristown, designed to improve traffic and bring commerce back to this well-situated area. Heavy traffic count, approximately 16,000 average daily traffic volume. Zone "TC," many uses apply including retail, office, mixed use, apartments, institutional. Great opportunity for redevelopment and courtyard makes it ideal for apartments. Asking $9.00/SF to lease and willing to negotiate. Business is available for sale. See agent for details. Check with Norristown Zoning for uses.

Full Property Details for 118 E Main St

  • Price: $530,000
  • Taxes: $7,078 (2017)
  • Status: Active
  • Type: Commercial
  • MLS ID: 6597301
  • Updated: 9/8/2017
  • Added: 910 day(s) ago

Property History

  • 118 E Main St, Norristown, PA
  • Reduced to $530,000 on 1/8/16
  • Listed at $700,000 on 6/20/15

Business

  • Building/Business: Commercial, Office, Professional, Institutional, Retail, Residential/Investment, Apartment Building, R&

Interior

  • Flooring: 3.0

Location

  • Area: Norristown Boro (10613)
  • County: MONTGOMERY
  • Driving Directions: Take Rt. 202 to DeKalb St to W. Main St.

Utilities

  • Utility Description: Water Available, Sewer Available, Gas Available, Electricity Available, Telephone, Cable TV Available

Structural Information

  • Roof: Flat Roof
  • Current Bldg. Use: 4100
  • Year Built: 1877

Lot Features

  • Lot Size (Acres): 0.11
  • Lot Dimensions: 20
  • Frontage: Boro/Township, State, US Highway/Interstate
  • Topography: Level
  • Zoning: TC

Financial Considerations

  • Tax Amount: $7,078
  • Tax Year: 2017

Disclosures and Reports

  • Ownership: Fee Simple

Listed by Aptcor Commercial

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118 E Main St will cost you if you:

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  • Put down a % down payment : $
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In the Community

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118 E Main St, Norristown, PA 19401 (MLS# 6597301) is a Commercial property. 118 E Main St is currently listed for $530,000 and was received on June 20, 2015. Want to learn more about 118 E Main St? Do you have questions about finding other Commercial real estate for sale in Norristown? You can browse all Norristown real estate or contact a Coldwell Banker agent to request more information.

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