Norristown, PA 19401,118 E MAIN ST

$402,500

$402,500

Est.Price: ?

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Est. payment /mo

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

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Bright MLS (BMLS)
Listed by Virginia E Scarano • Aptcor Commercial Realtors
Bought with Sarah Truelove • JG Real Estate LLC
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ryan@revolhomes.com

980 Mercantile Dr, Hanover, MD, 21076, United States

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