Donna Martino - Coldwell Banker Hearthside
118 E Main St
NORRISTOWN, PA 19401

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.

Details

MLS#1001243847
StyleIndustrial
Sub-TypeResale
StatusActive
Year1875
Days On Site294

Features

Story(s)0
ZoningTC

Market Activity 19401

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Area Information

StatePA
CityNORRISTOWN
Zip Code19401
AreaNorristown Boro (10613)
Listing VS Median (in 19401)
Price:
$530,000
low | high
Med:
$164,950
100% of Average
On Site:
294
low | high
Med:
50.5
100% of Average
Listing Updated: 10/16/2018
MLS Number: 1001243847
Listing Provided By:
Virginia E Scarano  of  Aptcor Commercial

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