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136 W Main St
Norristown, PA 19401

Office Property For Sale

Investment Highlights

  • Located on Main Street in Busy Center of Town
  • Minutes from Montgomery County Courthouse, Norristown Transportation Center
  • High-Volume Traffic Area Close to Routes 476, 76, 202, and Pennsylvania Turnpike

Executive Summary

Great Investment. Great NOI. Adjacent vacant lot can be bought for parking or development. Three-story building with fully-leased commercial space on first floor. Three occupied apartments on second and third floors. Private parking in rear of property.

PROPERTY FACTS

Sale Type
Investment
Property Type
Office
Property Subtype
Office/Residential
Building Size
5,887 SF
Building Class
C
Year Built/Renovated
1900/2022
Price
£783,761
Price Per SF
£133
Net Initial Yield
9%
NOI
£70,535
Percent Leased
100%
Tenancy
Multiple
Number of Floors
3
Typical Floor Size
1,726 SF
Slab to Slab
10 ft
Building FAR
1.93
Lot Size
0.07 AC
Opportunity Zone
Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning
TC - Town Center

PROPERTY TAXES

Parcel Number 13-00-22424-009 Improvements Assessment £0
Land Assessment £0 Total Assessment £61,677

PROPERTY TAXES

Parcel Number
13-00-22424-009
Land Assessment
£0
Improvements Assessment
£0
Total Assessment
£61,677
 

  • Listing ID: 31151709

  • Date on Market: 07/03/2024

  • Last Updated:

  • Address: 136 W Main St, Norristown, PA 19401

The Office Property at 136 W Main St, Norristown, PA 19401 is currently available for sale. Contact Aptcor Commercial Realtors for more information.

Office PROPERTIES IN NEARBY NEIGHBOURHOODS

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136 W Main St, Norristown, PA for sale Building Photo- Image 1 of 8
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136 W Main St, Norristown, PA for sale Building Photo- Image 4 of 8
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