MLS#PAMC2141010
STATUSACTIVE
PROPERTY TYPEMulti Unit - Multiple
SCHOOLNORRISTOWN AREA
Property Description
Mixed use building locates in the prosperous Norristown down area For Sale. 1/F is a commercial space currently runs as a tavern with "R " liquor license. "R" licensed establishments may sell Beer, Wine & Spirits for on-premises consumption & Beer , Sunday sale permitted, the fair value for the R" liquor license in Montgomery county is around $400,000 which includes in this sale. There is also a kitchen can serve hot food. Customers can enjoy the beer while have delicious dinner the same time. There are another passive income from the slot machines. They also have cigarette license to allow you sell the cigarette to the customers. Business are great and always busy. It is easy to operate and the seller can train the new owners. There are 3 bedroom apartment on the 2/F with separate entrance and fire exist stairs. There are total 4 source of incomes, the bar & food, the slot machine , the cigarette sale and the rental incomes. The owner runs the bar and food business for a long time, decides to retire. There is a comparable on 672-674 E Marshall St recently sold for $1.3 millions. It is a very rare opportunity to own a commercial property in downtown Norristown. Possess the R" liquor license- very few for sale in Montgomery county, Also have well built profitable business.
Property Features
Property Type: Multi Unit - Multiple
Cooling: None
Fuel Type: Natural Gas
Heating: None
Home Style: Straight Thru
Lot Size: 0.04 Acres
Taxes: $5,120
Year Built: 1900
Feature Descriptions
Accessibility: 32"+ wide Doors
Additional Structures: Above Grade, Below Grade
Exterior: Brick
Lot Dimensions: 0.04 Acre(S)
Municipality: NORRISTOWN BORO
Sewer: Public Sewer
Structure Type: Interior Row/Townhouse
Three Bedroom Units: 1
Units: 2
Utilities: Natural Gas Available
Water: Public
Local Schools
School District: NORRISTOWN AREA
Listed By / Shown By
Listed By
Agency Name: Home Max Realty
Agency Phone: 2159047508
Shown By
Agent Name: The Chrissie Barrick Team
Agent Phone: (717) 451-3850
Agency Title: Berkshire Hathaway HomeServices Homesale Realty
First AmericanEstimate Your Payment
Estimated Payment
$ 3,447.35 per month $2,670.68 Principal & Interest $426.67 Property Tax $350.00 Homeowner's Insurance
Corporate Office - 215 S Centerville Rd. Lancaster, PA 17603
219 E Main Street | MLS# PAMC2141010
This multi-family property located at 219 E Main Street, Norristown, PA 19401 is currently listed for sale with an asking price of $1,200,000. E Main Street is located within the NORRISTOWN AREA school district. Search Norristown real estate on www.thechrissiebarrickteam.com today.