414 E Main St - Storefront Retail/Residential FOR SALE


Norristown, PA 19401
$400,000 USD
215-641-2727
414 E Main St, Norristown, PA for Sale
$400,000 USD
Storefront Retail/Residential - FOR SALE
1/34
null | Request Cap Rate

414 E Main St
Norristown, PA 19401


HIGHLIGHTS

  • Prime location on E. Main Street with high visibility.
  • Restaurant space with a 44-person capacity and basement storage.
  • Two income-generating residential apartments ($1,450/month).
  • 21 off-street parking spaces with three additional parcels included.
  • Close proximity to the $415M Justice Center under construction.
  • Located in a rapidly developing area with rising property values.

OVERVIEW

Situated in a prime location at 414 E. Main St. in Norristown, PA, this property offers exceptional visibility and investment potential. The restaurant space accommodates 44 occupants and includes a hidden rear kitchen area, a spacious basement for storage, and 21 off-street parking spaces. Additionally, the property features two second-floor one-bedroom residential apartments, generating $1,450 per month in rental income on a month-to-month lease. Included in the sale are three additional parcels: 441 E. Main St., 443 E. Main St., 441 E. Lafayette St., and 443 E. Lafayette St., all designated for parking. With Norristown experiencing significant development, including the ongoing construction of the $415 million Justice Center set for completion in 2026 and multiple new residential projects, this is a rare opportunity to invest in a rapidly growing area.

FOR SALE DETAILS

PRICE

$400,000 USD

PRICE/SF

$85 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

ADD'L SUBTYPES

Restaurant, Loft/Creative Space, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1900

SPRINKLERS

-

PARKING SPACES

20

LAND DETAILS

LAND ACRES

0.07 AC

LAND SF

3,049 SF

ZONING

TC-ll

APN/PARCEL ID

13-00-21484-004,13-00-21488-009

ASK ABOUT THIS PROPERTY

Michael MarcheseColdwell Banker PreferredMore Info
215-641-2727

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Michael MarcheseColdwell Banker PreferredMore Info
215-641-2727

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.