Norristown, PA 19401,259 E MAIN ST
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Norristown, PA 19401,259 E MAIN ST
Norristown, PA 19401,259 E MAIN ST
Norristown, PA 19401,259 E MAIN ST
Norristown, PA 19401,259 E MAIN ST
Listed by Stephen J. Izzi • SJI Jackson Realty, LLC
Bought with Elian M AbuBakar • EXP Realty, LLC

$450,000

Est. payment /mo

$489,000

8.0%
Est.Price: ?

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259 E MAIN ST Norristown, PA 19401

6,000 Sqft Lot

SOLD DATE : 11/19/2021

Key Details

Sold Price $450,000

Property Type Commercial

Sub Type Other

Listing Status Sold

Purchase Type For Sale

MLS Listing ID PAMC2007426

Sold Date 11/19/21

HOA Y/N N

Year Built 1890

Annual Tax Amount $11,407

Tax Year 2021

Lot Size 6,000 Sqft

Acres 0.14

Lot Dimensions 40.00 x 0.00

Property Sub-Type Other

Source BRIGHT

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.

Location

State PA

County Montgomery

Area Norristown Boro (10613)

Zoning COMMERCIAL

Interior

Hot Water Natural Gas

Heating Forced Air

Cooling Central A/C

Flooring Hardwood

Heat Source None

Exterior

Water Access N

Roof Type Flat

Accessibility 32\"+ wide Doors

Garage N

Building

Sewer Public Sewer

Water Public

New Construction N

Schools

School District Norristown Area

Others

Tax ID 13-00-21980-003

Ownership Fee Simple

SqFt Source Assessor

Acceptable Financing Cash, Conventional, Private, Other

Listing Terms Cash, Conventional, Private, Other

Financing Cash,Conventional,Private,Other

Special Listing Condition Standard

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