Listing Courtesy of Coldwell Banker Preferred-Blue Bell
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  • 3026
  • 1900
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  • 6,534
Active Status Retail
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232 W Main Street Mixed-use property containing 3,026 square feet in a detached, masonry brick, part one, part two and part three-story building; site includes rear gravel-paved parking lot. Fully occupied with third-party tenants: retail store front at the first floor-front; efficiency apartment at first floor-rear; and apartments on second and third floors. Separate electric panels, meters and hot water heaters per unit; 100-amp circuit breakers. Separate electric baseboard heating; air conditioned via window/wall units. The property has good access and above average visibility from Main Street, which is a local commercial thoroughfare travel artery with above average traffic counts for the area. The first floor has a commercial unit and a rear efficiency apartment accessed at the rear from the parking lot. The commercial unit is mostly a large, open store area but has 2 back rooms and powder room. To access the upper floor apartments there is a separate front door leading to the stairway for the upper floor apartments. The basement is accessed via bulk-head doors in the front sidewalk. The basement has utilities. The second-floor apartment has one bedroom, a living area, kitchen, and bathroom. The upper apartment is bi-level, has two bedrooms, kitchen and living space, and a full bathroom. The Property is located in downtown area of Norristown,blocks from Montgomery County courthouse and Transportation Center hub. Flexible use rooms on first floor make it easy to access public sidewalk/foot traffic. There are approximately 12 parking spots in rear of this building. This 4-Unit property is completely rented. The commercial lease is a 1+ year lease and the apartments leases are Month/Month. Tenants pay Gas and Electric. All meters are separated. Good income producing property. Current Rental Income totals - $3700 per month. Seller is selling 4 parcels together. Parcels included are 13-00-22504-001,13-00-22508-006,13-00-22520-003 and 13-00-22512-002.

Address: 232 W MAIN ST
State: PA
City: Norristown
Zip Code: 19401
MLS#: PAMC103746
MLS Area:
Taxes: $4,159

Price History

Date Price Event Change MLS#:
1/12/2020 $275,000 List Price -8.3% PAMC103746
12/7/2019 $299,900 List Price PAMC103752
12/7/2019 $299,900 List Price -7.3% PAMC103746
10/29/2019 $323,500 List Price PAMC103752
10/29/2019 $323,500 List Price -0.46% PAMC103746
6/24/2019 $325,000 List Price PAMC103752
6/24/2019 $325,000 List Price 4.17% PAMC103746
6/19/2019 $312,000 List Price PAMC103752
6/19/2019 $312,000 List Price -4% PAMC103746
1/23/2019 $325,000 List Price PAMC103752
1/23/2019 $325,000 List Price -2.99% PAMC103746
11/7/2018 $335,000 List Price PAMC103752
11/7/2018 $335,000 List Price PAMC103746

Nearby Schools

Gotwals El School(K-4)
St. Francis Of Assisi School(Preschool-8)3
Stewart Middle School(5-8)
Bridgeport Elementary School(Preschool-4)
Marshall Street El School(K-4)
Eisenhower Middle School(5-8)
Hancock El School(K-4)
St. Francis Of Assisi School(Preschool-8)3
Stewart Middle School(5-8)
Eisenhower Middle School(5-8)
Roosevelt Altern School(9-12)

Interior Details

  • Appliances:
  • Features:
  • Furnished:
  • Floor Type:
  • Cooling:None
  • Heating:Baseboard - Electric
  • Fuel:Electric
  • Other Rooms:

Exterior Details

  • Home Construction
  • Features:Public Transport Nearby
  • Exposure:
  • Roof Type:Flat
  • Garage Spaces:
  • Pool:No
  • Utilities:
  • Lot Description:
  • Sewer:Public Sewer

Community Details

Rental Information

  • Rental Income:$0
  • Rental Number:0
  • Directions:Dekalb Pike to Main Street

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Property Information Last Updated: 9/19/2018 12:29:57 PM
Listing Courtesy of Coldwell Banker Preferred-Blue Bell

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