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118 E Main Street, Norristown, PA 19401

$530,000

  • For Sale
  • Active
  • Commercial
118 E Main Street, Norristown, PA 19401View this property at 118 E Main Street, Norristown, PA 19401
118 E Main StreetNorristownPA19401
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 Street

General

  • Price: $530,000
  • Taxes: $7,488 (2018)
  • Status: Active
  • Type: Commercial
  • MLS ID: 1001243847
  • Updated: 7/27/2018
  • Added: 1, 151 day(s) ago

Business

  • Business Type: Commercial, Professional/Office, Professional Servic
  • Year Established: -10
  • Includes: Land and Building, Land Only

Rental Information

  • Rent Includes: Common Area Maintenance

Interior

  • Flooring: Tile/Brick, Wood, Carpet, Vinyl, Heavy Duty

Additional Information

  • Other Features: Clear Span, Column Spacing, Display Window, Fire Escape, Overhead Door, Security System

Parking

  • Parking Features: Off Site, Public, Off Street, Handicap Parking
  • Parking Type: Off Site, Off Street

Location

  • Area: Norristown Boro (10613)
  • County: Montgomery
  • Development Name: None Available
  • Subdivision: None Available
  • Cross Streets: E Lafayette
  • Driving Directions: Take Rt. 202 to DeKalb St to W. Main St.
  • Traffic Count: 15000-19999
  • Location Details: Downtown

Heating & Cooling

  • Heating Fuel: Natural Gas, Electric, Oil
  • Water Heater: Oil, Natural Gas

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • Utility Description: Water Available, Sewer Available, Natural Gas Available, Electric Available, Phone, Cable TV Available

Structural Information

  • # Buildings: 3
  • Architectural Info: Other
  • Construction: Masonry, Galvanized Plumbing, Copper Plumbing
  • Foundation: Concrete Perimeter
  • Roof: Flat
  • Walls/Ceilings: Plaster Walls, Unfinished Walls
  • Stories/Levels: 0
  • Aprox. Leasable: 28,876 Sq. Ft.
  • Year Built: 1875
  • Year Built Source: Estimated

Lot Features

  • Lot Size (Acres): 0.11
  • Lot Size (Sq. Ft.): 4,798
  • Lot Dimensions: 20
  • Street/Road Desc.: US Highway/Interstate
  • Topography: Level
  • Zoning: TC

Financial Considerations

  • Tax w/Assessment: $135,000
  • Tax Amount: $7,488
  • Tax Year: 2018
  • Tenant Pays: Electricity, Heat, Gas, Water, Sewer, Hot Water, Snow Removal, Trash Removal, Cable TV, Taxes, Janitorial Service

Disclosures and Reports

  • Ownership: Fee Simple
  • Exclusions: Furniture Inventory To Be Sold Separately.
  • Inclusions: 28876
  • Lot Number: 13

Listed by Aptcor Commercial, Virginia E Scarano

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Schools

Schools serving 118 E Main Street

Score
Name
Grades
Distance
4
1900 Eagle Dr, Norristown, PA 19403
9-12
2.5 mi
Disclaimer: School ratings provided by GreatSchools. Ratings are on a scale of 1-10. Learn more about GreatSchools ratings. School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History

Price & Sales History for 118 E Main Street Get Price Alerts

Date
Details
Price
Change
Source
6/20/2015
Listed
$530,000
MLS
Disclaimer: Historical sales and tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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Community Info

Community Info for 118 E Main Street

Listed by Aptcor Commercial, Virginia E Scarano

118 E Main Street, Norristown, PA 19401 (MLS# 1001243847) is a Commercial property. 118 E Main Street is currently listed for $530,000 and was received on June 20, 2015. Want to learn more about 118 E Main Street? 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.