$402,500
$402,500
For more information regarding the value of a property, please contact us for a free consultation.
24,500 SqFt
SOLD DATE : 02/28/2019
Key Details
Sold Price $402,500
Property Type Commercial
Sub Type Retail
Listing Status Sold
Purchase Type For Sale
Square Footage 24,500 sqft
Price per Sqft $16
Subdivision None Available
MLS Listing ID 1001243847
Sold Date 02/28/19
HOA Y/N N
Originating Board TREND
Year Built 1875
Annual Tax Amount $7,488
Tax Year 2018
Lot Size 4,798 Sqft
Acres 0.11
Lot Dimensions 20
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.
Location
State PA
County Montgomery
Area Norristown Boro (10613)
Zoning TC
Rooms
Other Rooms Primary Bedroom
Interior
Hot Water Oil, Natural Gas
Heating Central
Cooling Central A/C
Flooring Tile/Brick, Wood, Carpet, Vinyl, Heavy Duty
Fireplace N
Heat Source Natural Gas, Electric, Oil
Exterior
Utilities Available Water Available, Sewer Available, Natural Gas Available, Electric Available, Phone, Cable TV Available
Waterfront N
Water Access N
Roof Type Flat
Street Surface US Highway/Interstate
Accessibility 2+ Access Exits
Road Frontage Boro/Township, State
Garage N
Building
Building Description Plaster Walls,Unfinished Walls, Clear Span,Column Spacing,Display Window,Fire Escape,Overhead Door,Security System
Foundation Concrete Perimeter
Sewer Public Sewer
Water Public
Structure Type Plaster Walls,Unfinished Walls
New Construction N
Schools
School District Norristown Area
Others
Tax ID 13-00-21344-009
Ownership Fee Simple
SqFt Source Assessor
Special Listing Condition Standard
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Bought with Sarah Truelove • JG Real Estate LLC
“Molly's job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! ”