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1455 W Main St
Norristown, PA 19403

1455 W. Main St West Norriton, PA · Retail Property For Sale

Investment Highlights

  • 7.4% CAP rate
  • Owner/Occupant Possible
  • Separate Utilities
  • Excellent Exposure
  • Road Signage

PROPERTY FACTS

Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
3,737 SF
Building Class
C
Year Built/Renovated
1920/2018
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.86
Lot Size
0.10 AC
Zoning
C
Parking
7 Spaces (1.07 Spaces per 1,000 SF Leased)
Frontage
25 FT on Main St

Amenities

  • Pylon Sign

About 1455 W Main St , Norristown, PA 19403

Excellent opportunity to acquire an investment property in West Norriton with $29,400 annual rental income and 7.4% CAP RATE. This multi-unit property in West Norriton consists of a first floor retail space, lower level storage & 2nd floor apartment. The property has been updated and meets all use and occupancy standards of West Norriton Township. The property has excellent exposure on Main St with an average daily traffic count of 10,000-20,000 cars. The first floor retail space is occupied by a bakery with a year to year lease. New Buyer could occupy the retail space or keep the current Tenant. Road signage available. Separate utilities except water & sewer.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
63-00-06736-005
Land Assessment
$75,240
Improvements Assessment
$58,860
Total Assessment
$134,100
  • Listing ID: 14689048

  • Date on Market: 12/21/2018

  • Last Updated:

  • Address: 1455 W Main St, Norristown, PA 19403

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