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$299,900 Just Listed

  • For Sale
  • Active
  • Store
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Great investment opportunity at 1501 Powell, a mixed use property with first floor commercial and second floor residential. The first floor is rented through 2028 and is currently a grocery market. The second floor apartment has been updated nicely, featuring 2 bedrooms and a spacious family room. The building has a large basement that can be utilized by the landlord for storage, as well as updated mechanicals. over 9% cap rate, commercial tenant since 2023 and an updated apartment. Property being sold as-is, please contact listing agent for info on upstairs access.

Full Property Details for 1501 Powell St

General

  • Price: $299,900
  • Taxes: $5,466 (2024)
  • Status: Active
  • Type: Store
  • Source: BrightMLSPhilly
  • MLS ID: PAMC2183974
  • Updated: Today (6/12/2026)
  • Added to Site: Today

Business

  • Business Type: Supermarket/Grocery Store

Parking

  • Parking Type: On Street

Location

  • Area: Norristown Boro (10613)
  • Municipality: NORRISTOWN BORO
  • County: MONTGOMERY
  • Driving Directions: 202 S to W Freedly. Powell on the left.

Heating & Cooling

  • Central air: Yes
  • Cooling Type: Central A/C, Wall Unit
  • Cooling Fuel: Electric
  • Heating Type: Radiator
  • Heating Fuel: Electric, Natural Gas
  • Water Heater: Electric, Natural Gas

Utilities

  • Sewer: Public Sewer
  • Water: Public

Structural Information

  • Construction: Brick
  • Building Size: 3600
  • Year Built: 1930
  • Year Built Source: Estimated

Unit Information

  • # Tenants: Multiple

Lot Features

  • Lot Size (Acres): 0.05
  • Lot Size (Sq. Ft.): 2,160
  • Lot Size Source: Estimated
  • Zoning: R1A

Financial Considerations

  • Price Per Sq. Ft.: $83.31
  • Assessment Year: 2025
  • School Tax: $3,396
  • City/TownTax: $1,581
  • City/TownTax Freq: Annually
  • County Tax: $455
  • County Tax Freq: Annually
  • Tax w/Assessment: $86,640
  • Tax Amount: $5,466
  • Tax Year: 2024

Disclosures and Reports

  • Ownership: Fee Simple
  • Lot Number: 3

Listed by RE/MAX Signature, Andrew John Spognardi and RE/MAX Signature, John Spognardi

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Listing agents

— 1501 Powell St —

  • Andrew John Spognardi

    RE/MAX Signature

  • John Spognardi

    RE/MAX Signature

Listing Office Email: remaxsigfrontdesk@yahoo.com

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 1501 Powell St

School District:Norristown Area School District
NameGradesDistance
Hancock El School
Arch & Summit Streets, Norristown, PA 19401
1-40.4 mi
Eisenhower Middle School
1601 Markley Street, Norristown, PA 19401
5-80.4 mi
Ray S. Musselman Learning Center
1020 Sandy Street, Norristown, PA 19401
K-1 mi
Norristown Area High School
1900 Eagle Drive, Norristown, PA 19403
9-122.1 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 1501 Powell St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
6/12/2026
Listed
$299,900
274.88%
MLS
6/21/2021
Sold
$80,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 1501 Powell St

Year
Property Taxes
Change
Tax Assessment
Change
2026
$5,527
4%
$86,640
—
2024
$5,319
—
$86,640
—
2023
$5,319
1%
$86,640
—
2022
$5,271
2%
$86,640
—
2021
$5,157
2%
$86,640
—
2020
$5,046
3%
$86,640
—
2020
$4,895
2%
$86,640
—
2019
$4,806
2%
$86,640
—
2018
$4,716
7%
$86,640
—
2017
$4,413
3%
$86,640
—
2016
$4,275
2%
$86,640
—
2015
$4,195
4%
$86,640
—
2014
$4,022
—
$86,640
—
View All
Disclaimer: Historical 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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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Listed by RE/MAX Signature, Andrew John Spognardi and RE/MAX Signature, John Spognardi

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1501 Powell Street, Norristown, PA 19401 (MLS# PAMC2183974) is a Store property. 1501 Powell Street is currently listed for $299,900 and was received on June 12, 2026. Want to learn more about 1501 Powell Street? Do you have questions about finding other Store 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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