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    259 E Main Street

    NORRISTOWN, PA 19401
    • $489,000
    • STATUS: Active
    • ON SITE: 97 days
    • ID#: PAMC681560
    UPDATED: 137 min ago
    $489,000
    • 0
      BEDS
    • 0.14
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Commercial
    Built:
    1890
    County:

    School Ratings & Info

    School District:

    Description

    SJI Jackson Real Estate extends to qualified investors the opportunity to acquire the fee simple interest in the commercial property located at the corner of 259 E. Main Street in Norristown, Pennsylvania. This property is located in the rapidly redeveloping Main Street corridor of the Borough of Norristown and in close proximity to the Montgomery County Courthouse and SEPTA's Norristown Transportation Center, with an estimated 17,500 daily car traffic count. The commercial building is for sale and does not include the existing business. Currently the 1st floor is occupied, with the 2nd and 3rd floors empty and used just for storage. Ample parking located in the rear and along Main Street. Neighboring lot is in process of being redeveloped into a 5 story, mixed use building feature retail on the first floor with apartments above. Current zoning is TC - Town Center which allows for multiple uses. This project is situated in Norristown Borough's Federal Qualified Opportunity Zone, allowing for beneficial tax investment incentives. Neighboring lot is in process of being redeveloped into retail first floor with apartments above. Property is being offered in As-Is condition.

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    ©2021 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or LoCoMusings | Century 21 Redwood Realty. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2021-05-05T23:51:21.433.
    www.locomusings.com/homes/113709955
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    259 E Main Street NORRISTOWN, PA 19401

    • Price: $489,000
    • Status: Active
    • Updated: 137 min ago
    • ID#: PAMC681560
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.14
    Acres
    1890
    Built
    Neighborhood:
    Norristown Boro (10613)
    County:
    Montgomery
    Area:
    Norristown Boro (10613)
    School District:
    Norristown Area
    Property Description
    SJI Jackson Real Estate extends to qualified investors the opportunity to acquire the fee simple interest in the commercial property located at the corner of 259 E. Main Street in Norristown, Pennsylvania. This property is located in the rapidly redeveloping Main Street corridor of the Borough of Norristown and in close proximity to the Montgomery County Courthouse and SEPTA's Norristown Transportation Center, with an estimated 17,500 daily car traffic count. The commercial building is for sale and does not include the existing business. Currently the 1st floor is occupied, with the 2nd and 3rd floors empty and used just for storage. Ample parking located in the rear and along Main Street. Neighboring lot is in process of being redeveloped into a 5 story, mixed use building feature retail on the first floor with apartments above. Current zoning is TC - Town Center which allows for multiple uses. This project is situated in Norristown Borough's Federal Qualified Opportunity Zone, allowing for beneficial tax investment incentives. Neighboring lot is in process of being redeveloped into retail first floor with apartments above. Property is being offered in As-Is condition.
    Exterior Features

    Construction Materials BrickBrick Front Garage YN No Location Type Urban Parking Features Surface Parking Types On StreetParking Lot Riparian Rights YN No Roof Flat Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

    Interior Features

    Building Area Total 0.00 Cooling Central A/C Exclusions Business And Contents Are Not For Sale Flooring Hardwood Heating Forced Air Heating YN Yes Inclusions As isbuilding Only. Business And Contents Are Not Part Of This Transaction. Net Square Feet 14152.00

    Property Features

    Acceptable Financing CashConventionalPrivateOther Accessibility Features 32"+ Wide Doors Assessment Year 2021 Association YN No Business Type Other/General RetailMedicalProfessional Central Air YN Yes Cooling Fuel Electric Heating Fuel None Hot Water Natural Gas Incorporated City Name Norristown Boro Lease Considered YN No Navigable Water YN N New Construction YN No Number Of Units Total 0 Original MLSNumber 304460165719 Ownership Interest Fee Simple Possession Settlement Property Sub Type Other Sale Type Standard Sewer Public Sewer Tax Annual Amount 11407.00 Tax Assessment Amount 192600.00 Tax Lot 026 Vacation Rental YN No Water Source Public Zoning Tc - Town Center Zoning Description Per MlsMis: RetailOfcApts - Multi Use

    Listing courtesy of Sji Jackson Real Estate.


    ©2021 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or LoCoMusings | Century 21 Redwood Realty. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2021-05-05T23:51:21.433.
     
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    540 Fort Evans Road Suite 303
    Leesburg VA, 20176