The Real Estate is for sale for $950,000. The Montgomery County R-Type Liquor License is for sale for $450,000. The Real Estate can be sold WITHOUT the Liquor License. KW Commercial proudly presents for sale this value-add opportunity of three adjoining corner parcels, located at 364-368 E. Main Street, Norristown, PA 19401. This 0.28765 Acre (12,531 SF) site is located along the busy corridor of Main Street and is located in the heart of downtown Norristown and very close to major office complexes and local storefronts. These three adjoining parcels built in 1900, consist of sizable mixed-use structures totaling 14,675 SF that have a well-established restaurant on the ground floor and has residential apartment units on the second and third floors. These commercial properties are located at a signalized intersection of E. Main Street & Walnut Street, which offers it more exposure by being at this signalized intersection and offers 97 feet of frontage on this main thoroughfare, which sees over 17,000 vehicles per day pass by it. Also at the far west end of these investment properties there is a sizable surface parking lot which is attached to this sale, so this is a benefit to an investor looking to add-value to this property by providing parking to either future patrons of a commercial retail tenant or to future residential tenants on the upper floors. THESE ADJOING PROPERTIES ARE LOCATED WITHIN AN OPPORTUNITY ZONE, saving investors on any capital gains hit once sold. There are three structures on these adjoining properties and a large surface parking lot. On Property #1, 368 E. Main Street, this 0.0625 Acre (2,723 SF) corner lot has a 6,750 SF three-story mixed-use structure on it. On Property #2, 366 E. Main Street, this 0.153 Acre (6,665 SF) middle lot has a 7,050 SF three-story structure on it. Property #1 & #2 would be ideal to redevelop into an all Multi-Family use for the Buyer. On Property #3, 364 E. Main Street, this 0.07215 Acre (3,143 SF) west lot has a 875 SF single-story retail storefront on it with covered parking on the rear of the lot and attached is the surface parking lot. All three adjoining parcels have three connecting structures which total 14,675 SF, with additional room to expand these existing structures to add more residential units in the future. These properties currently are a family-owned Italian restaurant however upon the property being sold, the Seller will no longer operate the restaurant on the ground floor of the structure.. A Montgomery County R-Type Liquor License is also included with this sale (a $450,000 fair market-value), but does not need to be included in the sale. The property is zoned TC-II, which is Town Center II within the Municipality of Norristown, which is located in the middle of historic Montgomery County; which is the county seat for this county. The TC-II zoning allows for many Permitted Uses by-right, such as retail, office, medical office, restaurant, multi-family units within the existing structure. The opportunity for an investor to redevelop this property and add value into a different use is a pathway that any investor should examine and look into mix-use, multi-family, and/or affordable housing redevelopment for the many workers that work in downtown Norristown at Montgomery County’s offices/courthouse. These corner properties are located 0.30 miles to U.S.-Route 202; 0.15 miles to Montgomery County Courthouse/Offices; 2.00 miles to I-276; 3.00 miles to I-476; 3.50 miles to King of Prussia Mall; 3.80 miles to Plymouth Meeting Mall; 6.40 miles to Montgomery County Community College. Great Value-Add Investment!