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Listed by George Korkus Jr • Realty Mark Associates - KOP

$799,000

Est. payment - /mo

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2,900 Sqft Lot

Active

501 SWEDE ST Norristown, PA 19401

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Chris Fleming

chris.fleming@joinreal.com +1(908) 283-0602

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Key Details

Property Type Commercial

Sub Type Five Or More Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID PAMC2110608

Year Built 1901

Available Date 2024-07-17

Annual Tax Amount $12,493

Tax Year 2017

Lot Size 2,900 Sqft

Acres 0.07

Property Sub-Type Five Or More Units

Source BRIGHT

Property Description

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. The property along the Norristown riverfront is readied for redevelopment and the path forward for a thriving riverfront in place. Schuylkill River Trail and Norristown Transportation Center development has been completed. The 70-acre parcel that was the former site of the State Hospital was deeded to Norristown borough from the state last year. Plans for the re-development of this site are nearing completion.

Location

State PA

County Montgomery

Area Norristown Boro (10613)

Zoning TC

Interior

Hot Water Electric

Heating Baseboard - Electric

Cooling Central A/C

Flooring Carpet

Heat Source Electric

Exterior

Garage Spaces 4.0

Utilities Available Water Available, Sewer Available, Natural Gas Available, Electric Available

Water Access N

Roof Type Flat,Built-Up

Accessibility None

Road Frontage Boro/Township

Total Parking Spaces 4

Garage N

Building

Foundation Stone

Sewer Public Sewer

Water Public

New Construction N

Schools

School District Norristown Area

Others

Tax ID 13-00-36256-001

Ownership Fee Simple

Special Listing Condition Standard

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Chris Fleming

NJ - Sales Assoicate | License ID: 2298483

+1(908) 283-0602

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501 SWEDE ST Norristown, PA 19401

Chris Fleming

Key Details

Location

Interior

Exterior

Building

Schools

Others

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501 SWEDE ST