501 Swede St - Office/Residential FOR SALE


Norristown, PA 19401
$829,000 USD
610-213-9200
501 Swede St, Norristown, PA for Sale
$829,000 USD
Office/Residential - FOR SALE
1/3
null | Request Cap Rate

501 Swede St
Norristown, PA 19401


OVERVIEW

Great for a coffee shop. Across the street from the county seat Montgomery County Court House. The property is in a prime location. Just a 1-block walk to the bus stop, grocery store . A short walk to Elmwood Park, the Norristown Zoo, Montgomery County Courthouse, train station (to Philadelphia) and the Norristown Public Library. Five-minute drive to King of Prussia, 30 minutes to Philadelphia. This is a rare opportunity to own 4 apartments under one roof and a commercial space great for a Starbucks. The rental demand in this area is strong. Montgomery County Housing Authority reimbursement for an apartment in this area is see attachment a month (per unit). If you haven't recently visited, you may not have seen all the improvements that have occurred in Norristown from streetscapes, the cultural district, and major transportation improvement projects to thriving neighborhoods - commercial growth in Norristown is on the rise. Norristown is home to many new businesses - and existing businesses are expanding. The Recreation Department provides programs for children and adults throughout the year. The Thomas Barone Memorial Complex offers 3 athletic fields, one with lights, for youth baseball and softball programs. Latshaw Field is host to the Chestnut Hill University Baseball Team. Elmwood Park offers: Bocce Ball, picnic areas, a brand new impressive 3 story playground, as well as outdoor concerts on Sundays and volleyball.

FOR SALE DETAILS

PRICE

$829,000 USD

PRICE/SF

$112 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Office/Residential

TOTAL BUILDING SIZE

-

STORIES

3

BUILDING CLASS

C

YEAR BUILT

1900

SPRINKLERS

-

PARKING SPACES

5

LAND DETAILS

LAND ACRES

0.07 AC

LAND SF

3,049 SF

ZONING

TC

APN/PARCEL ID

13-00-36256-001

ASK ABOUT THIS PROPERTY

George KorkusRealty Mark AssociatesMore Info
610-213-9200

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George KorkusRealty Mark AssociatesMore Info
610-213-9200

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