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Listed by Michael Marchese • Coldwell Banker Realty

$400,000

Est. payment - /mo

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2,958 Sqft Lot

Pending

414 E MAIN ST Norristown, PA 19401

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Matthew Curcio

matt@sellingsj.com +1(856) 207-7592

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Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Pending

Purchase Type For Sale

MLS Listing ID PAMC2132712

Year Built 1900

Annual Tax Amount $4,848

Tax Year 2024

Lot Size 2,958 Sqft

Acres 0.07

Lot Dimensions 22.00 x 0.00

Property Sub-Type Mixed Use

Source BRIGHT

Property Description

Don't miss the chance to own one of Norristown's most sought-after locations 414 E. Main St. only 2 blocks from Montgomery County's $415,000,000 Justice Center that is still currently under construction slated for an end of 2026 completion! 414 E. Main St. which has been the home of Lou's Steak Shop for the last 83 years, where generation's of the Alba family have served the most delicious Cheese Steaks and Italian Zep's to the public. Situated on the bustling E. Main Street in Norristown, Pa. directly across from the historic Holy Savior Parish, this property offers unmatched visibility.
Property Highlights: The restaurant holds 44 occupants, has 21 off street parking spaces, a rear hidden kitchen area, large basement storage area, 2 1 bedroom 2nd floor residential apartments that are collecting $1,450.00 per month, both Leases are month to month. There are 3 additional parcels included with the sale of 414 E. Main St. 441 E., 443 E. Main St., 441 E. Lafayette St., 443 E. Lafayette St. (all parking areas). Norristown is on the move with property values on the rise. Never has so much development been present in Norristown since it's last growth spurt which dates back to 1853! Combined with the above-mentioned Justice Center there are multiple new residential Construction projects as well, currently under construction with hundreds of new homes on the way. Be a part of Norristown's growth while you still can!

Contact us today to schedule a showing and explore the potential this property holds for you!

PLEASE NOTE LOU'S STEAK SHOP AND ALL IT'S EQUIPMENT AND FURNITURE ARE NOT INCLUDED WITH THE SALE PRICE AND IS BEING SOLD SEPERATELY. THE PROPERTY IS ONLY AVAILABLE WITH A SUCCESSFUL PURCHASE OF THE LOU'S STEAK SHOP BUSINESS. AGENT WILL DIRECT ANY PROSPECTIVE BUYER TO THE BUSINESS OWNERS' REPRESENTATIVE.

Location

State PA

County Montgomery

Area Norristown Boro (10613)

Zoning TOWN CENTER II ZONING

Interior

Hot Water Natural Gas

Heating Forced Air

Cooling Central A/C

Flooring Tile/Brick, Solid Hardwood, Laminated

Heat Source Natural Gas

Exterior

Garage Spaces 21.0

Water Access N

Roof Type Asphalt

Street Surface Paved

Accessibility Level Entry - Main

Road Frontage Boro/Township

Total Parking Spaces 21

Garage N

Building

Foundation Stone

Sewer Public Sewer

Water Public

New Construction N

Schools

School District Norristown Area

Others

Tax ID 13-00-21484-004

Ownership Fee Simple

Security Features Electric Alarm

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Cash,Conventional

Special Listing Condition Standard

NEARBY SCHOOL & BUSINESS

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Matthew Curcio

Broker Associate & Team Leader License ID: 0121845

+1(856) 207-7592

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414 E MAIN ST Norristown, PA 19401

Matthew Curcio

Key Details

Location

Interior

Exterior

Building

Schools

Others

NEARBY SCHOOL & BUSINESS

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414 E MAIN ST