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307 E Airy St 14,000 sq ft Industrial Property Norristown, PA 19401 £295,472 (£21.11/sq ft)

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EXECUTIVE SUMMARY

14000 SF, Freestanding all brick & masonry building on 2 floors with platform loading features a variety of possible entrances currently being used as a warehouse for the surplus inventory and equipment for the food production and distribution company that owns it that is across the street . Rear fenced lot could be developed into more parking another possible parking lot is across the street and for sale with our company for $275,000 and is an 8000 SF paved and fenced lot at 332 -338 East Airy street- see aerial picture attached.

Zoning-Code-Municipality-Of-Norristown TC II Town Center II District

PROPERTY FACTS

Price	£295,472	Net Internal Area (NIA)	14,000 sq ft
Price per sq ft	£21.11	No. Floors	2
Sale Type	Investment or Owner Occupier	Year Built	1950
Sale Conditions	Redevelopment Project Shell Core	Tenancy	Single
Property Type	Industrial	Parking Allocation	0.57/1,000 sq ft
Property Subtype	Warehouse Local Shop General Retail - Standalone Light Industrial Distribution Warehouses	No. Dock-High Doors/Loading	1
Costar Property Class	C	Cross Streets	Arch St
Total Plot Size	0.26 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.
Use Class	TC-II - TC-II Town Center II District Retail establishments SEE ZONING CODE ATTACHED

Price	£295,472
Price per sq ft	£21.11
Sale Type	Investment or Owner Occupier
Sale Conditions	Redevelopment Project Shell Core
Property Type	Industrial
Property Subtype	Warehouse Local Shop General Retail - Standalone Light Industrial Distribution Warehouses
Costar Property Class	C
Total Plot Size	0.26 ac
Net Internal Area (NIA)	14,000 sq ft
No. Floors	2
Year Built	1950
Tenancy	Single
Parking Allocation	0.57/1,000 sq ft
No. Dock-High Doors/Loading	1
Cross Streets	Arch St
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.
Use Class	TC-II - TC-II Town Center II District Retail establishments SEE ZONING CODE ATTACHED