Save
Ask
Tour
Hide
Share
$1,500,000
2 Days On Site

1132 W MAIN STREET
NORRISTOWN, PA 19401

For Sale|Mixed Use|Active
0
Beds
1
Total Bath

SqFt

/SqFt
1910
Built
Subdivision:
NORRISTOWN
County:
MONTGOMERY
Listing courtesy of Coldwell Banker Realty
Call Now: +1(410) 721-0103
Is this the listing for you? We can help make it yours.
+1(410) 721-0103
1132 W MAIN STREET1132 W MAIN STREET1132 W MAIN STREET1132 W MAIN STREET
Save
Ask
Tour
Hide
Share

how does this sound: Mixed-use apartment building now available for sale in Norristown. This 5,685-square-foot property features five licensed residential rental units in addition to first-floor a convenience store and a commercial space occupied by El Gordo Bros. The restaurant is a well-established local business serving authentic Mexican food as well as American Food. El Gordo Bros. took over the restaurant formally known as Alfredo’s, which was at this location for 50 years. The restaurant and convenience store occupies the entire first floor. The second floor includes three residential units: a two-bedroom apartment with a private outdoor deck and separately metered utilities, including heat and hot water, along with two efficiency units with separate electric meters. The third floor offers two additional licensed boarding-room units, all in good condition. All residential units and the restaurant are properly licensed. The building will meet all Municipality of Norristown requirements, including the latest fire-egress safety standards. Ideally situated at the western end of Norristown, just below the West Norriton Township line, this property offers a strong investment opportunity in a growing commercial corridor. Nearby national retailers and franchises include Chase Bank, Dunkin’, McDonald’s, Domino’s, Royal Farms, Aaron’s, and more. Note: The Restaurant is owned by the Seller and there is a Lease in place. The current Restaurant Tenant is willing to remain in place after the sale. The Owner of the Restaurant will entertain any Buyers who are interested in purchasing the restaurant as well. The the purchase price includes the restaurant and convenience, store, businesses, and all equipment that isn’t leased take advantage of this amazing opportunity with multiple sources of income in one of the areas fastest growing towns!

Save
Ask
Tour
Hide
Share
Listing Snapshot
Price 
$1,500,000
Days On Site 
2 Days
Bedrooms 
N/A
Inside Area (SqFt) 
0.0 sqft
Total Baths 
1
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.1 Acres
Year Built 
1910
MLS® Number 
PAMC2188764
Status 
Active
Property Tax 
$11,650
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Assessor
Friends & Family
Recent Activity
2 days agoListing first seen on site
2 days agoListing updated with changes from the MLS®
General Features
Acres 
0.1
Cross Street 
Hamilton
Foundation 
Stone
Number Of Stories 
3
Parking 
Driveway
Parking Spaces 
2
Property Sub Type 
Mixed Use
Sewer 
Public Sewer
Special Circumstances 
Standard
Water Source 
Public
Zoning 
COMM. OFFIC, RETAL, APTS
Interior Features
Appliances 
Gas Water Heater
Cooling 
OtherDuctlessElectric
Electric 
200+ Amp Service
Flooring 
Vinyl
Heating 
Natural GasHot Water
Save
Ask
Tour
Hide
Share
Exterior Features
Construction Details 
AsphaltBrickConcrete
Fencing 
Fenced
Lot Features 
Corner Lot
Roof 
AsphaltRubberShingle
Community Features
MLS Area 
Norristown Boro (10613)
School District 
NORRISTOWN AREA
Schools
School District
NORRISTOWN AREA
Elementary School
Unknown
Middle School
Unknown
High School
NORRISTOWN
Listing courtesy of Coldwell Banker Realty



The real estate listing information is provided by Bright MLS is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale or lease referenced on this web site comes from the Internet Data Exchange (IDX) program of the Bright MLS. This web site references real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Properties in listings may have been sold or may no longer be available. The data contained herein is copyrighted by Bright MLS and is protected by all applicable copyright laws. Any unauthorized collection or dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright © 2020 Bright MLS. All rights reserved.

Neighborhood & Commute
Source: Walkscore
Save
Ask
Tour
Hide
Share