The median home value in Norristown, PA is $240,000.
the county median home value of $150,000.
The national median home value is $277,796.
The average price of homes sold in Norristown, PA is $240,000.
Approximately 38% of Norristown homes are owned,
compared to 51% rented, while
11% are vacant.
Norristown real estate listings include condos, townhomes, and single family homes for sale.
Commercial properties are also available.
If you like to see a property, contact Norristown real estate agent to arrange a tour
Learn more about Norristown Real Estate.
Not available since 1986, this is a rare opportunity. Property is zoned R2, however has an existing legal nonconforming use as an established Auto Repair Shop with off street parking. In addition, a oversized twin residential dwelling unit, with corner space that was formerly a retail space afford additional income or an owner occupant opportunity. The twin sits on the corner of Markley & Wood. Being the end of the block, it has a larger than normal lot and was built with a corner retail space. The retail space is currently vacant and needs renovation. Due to R2 Zoning, application can seek a special exception under the code or seek a variance for other uses. The twin is a spacious four bedroom 1.1 bath with third floor that could be finished into additional bedrooms. Roof 2014. Fenced in rear yard. Attached garage with small private office as well. Wrapping around to Wood Street you will find the long established Auto Shop. Roof 3 years old. There is an office in the front for customers. The over head doors lead to the shop space with 3 lifts. There are private offices in the rear and employee areas. 15+ side parking to stack vehicles. Off street and on street parking permitted. Showings Monday thru Friday 8 am to 5pm. Saturdays 9 to 12pm.
Highly accessible flex space available for lease or sale, located in Norristown, PA
Restaurant and a mixed-use apartment building now For Sale. This Montgomery County Restaurant located in Norristown has been open for 45 years and still remains open serving the delicious food it is known for. Here is an opportunity to own a profitable restaurant and have additional income producing rental units all in good condition, at the same location. Alfredo's Restaurant takes up the entire 1st floor of this 5,685 sq. ft. building all equipment in the restaurant is included with the sale of the property. The restaurant is equipped to hold up to 64 patrons and also has bar seating available. There are 6 licensed residential rental units plus the restauraunt all on the premises. There is a 1st floor Efficiency apartment with tenant paying their own electric, 3 units on the 2nd floor, a 2 bedroom with an outside deck that also has all utilities including heat and hot water completely seperate. There are 2 other 2nd floor Efficiency units also that have seperate electric meters. On the 3rd floor there are 2 more units these are boarding room units both in good condition. All units and the restaurant are officially licensed. The building will meet all of the Municipality of Norristown's requirements even Norristown's latest added Fire Safety Requirement when there is a Commercial 1st floor space with residential apartments above. The location of this property cannot be beat it is located on the very West end of Norristown just below the West Norriton Township line and only 1 mile from the center of Town where the new Justice Center is currently being built. Be a part of Norristown's amazing growth! It has been many years since you could look at Norristown from the Bridgeport side or any of the surrounding Townships and see 2 large building cranes above its skyline! Come and join some of the Country's top franchises that have come to Norristown such as Chase Bank, Dunkin Donuts, McDonalds, Domino's, Royal Farms, Aaron's and others.
SJI Jackson Real Estate extends to qualified investors the opportunity to acquire the fee simple interest in the +/- 1.8 acre mixed use development site located at the corner of 371 E. Main Street in Norristown, Pennsylvania. The property consists currently of 19 individual lots situated in the Town Center-II zoning district which allows for a variety of commercial and residential uses. Sketch plans are currently in place that would allow for 18,966 of ground floor retail/commercial use, 82-98 surface parking spaces, between 60 to 96 residential units with a roof deck (floor count dependent). This project is situated in Norristown Borough's Federal Qualified Opportunity Zone, allowing for beneficial tax investment incentives, and has been awarded a Redevelopment Assistance Capital Program (RACP) grant from the Commonwealth of Pennsylvania. The site is located in close proximity to the Montgomery County Courthouse and SEPTA's Norristown Transportation Center, with an estimated 17,500 car traffic count.
**NEED EXTRA STORAGE?** 2 - 2 car garages available separated by a fenced in lot. One garage has front and rear garage door entry, including a garage door opener. Both garages have electricity with outlets and lights, but no water. Endless possibilities with these garages. Extra storage or a workshop. Garages are currently being rented for: $300 for the front and rear entry garage/2 door $250 for the rear entry garage/1 door
Prime commercial property available on Dekalb Pike in Norristown, Montgomery County, PA. This exceptional property is ideal for an owner/user or investor. The property is comprised of a two-story auto repair shop and a 5-unit mixed-use building. The auto repair shop features a large parking lot, multi-bay the facility, private office, and ample storage space. The mixed-use building includes four well-maintained apartments and a ground-floor commercial space. While this is an exceptional opportunity for an auto user, the income potential makes this offering ideal for a variety of investors alike.
This Sales is As-Is Condition, Buyer is responsible for all cert. This is a 4 parcel building located in the business district on E Marshall. All have it separate electric and gas meter. 1-3 blocks from Montgomery Court House and Norristown Transportation Center, Postal Office.
Optimal investment opportunity situated in a heavily traveled and busy business district of East Norriton Township! This 3-story multi-use property has been meticulously maintained by a long-time owner. The first-floor unit houses the hair salon/clinic and is an established business in the area. The unit features a reception area, a waiting area, spacious workstations, two therapy rooms, a private office, a kitchenette, and access to a full basement with plenty of storage space. The current ownerâs wife owns and operates the salon business and would like to lease the space from the new owner to continue operating the business. Move upstairs from the rear and enter the bi-level residential apartment. The main floor of the unit offers an updated kitchen, a comfortable living room with a gas fireplace, wall-to-wall carpeting, and access to the huge back deck. Finishing off the main floor is a convenient half bathroom. The top floor shows off a sizable bedroom with a vaulted ceiling and skylight. Two additional bedrooms also have a skylight and ample closet space, and a full bathroom completes the level. Other features of the apartment include a washer/dryer, and ceiling fans in all living spaces. Both units have all separate utilities. Parking is easy with 12 parking spaces (two parking spaces are dedicated to the residential apartment). The property is strategically located close to major shopping areas, banks, hospitals, apartment buildings, and residential areas. Easy access to Schuylkill Expressway, rt 202, and PA Turnpike. Offered at a 6.48% cap rate, this building is a cash flow machine and will be a great addition to any investor's portfolio!
Great opportunity for investment! Storefront for sale, in the heart of Norristown. Highly visible from the main street. The property is mixed-use. The 1st Floor is a store. The 2nd&3rd Floor has a 3 bedrooms apartment. The tenant occupied the whole building with a monthly rent of $2,800.00. Rent is increasing yearly. The lease ended on 02/28/2027. Minutes from the turnpike and route 202. Schedule your showing today!
Package purchase price is $1,971,579. See mls# PAMC2036110 for complete package listing. 10 single family houses and a triplex with an onsite laundromat 100% occupied, being sold as a $1,971,579 package deal ONLY. Leases are NOT month to month. Math and numbers are for all properties added up. All are legal rentals and fully occupied with well vetted tenants. Excellent CAP rate! See Profit and Loss math below and in documents section. High income producing properties with extremely low bills and great POSITIVE cash-flow. Very low maintenance with tenants in place. Rent incomes produce $11,850 positive cash-flow per month or $142k+ per year after all expenses! In the houses, the owner pays trash and sewer, tenant pays everything else. Triplex tenants pay for PECO (Gas and electric) utilities, owner pays everything else. Owner pays ONLY Water, Sewer, Trash, Common Lights, Gas to heat the laundry room ($9,112/year), Insurance ($6,681/year) and Taxes ($34,798/year). Rental Incomes: 107 Stanbridge ($15,866/year), 220 Spruce ($13,177), 657 Kohn ($17635/year), 712 Astor ($13,700/year), 808 George ($22,200/year), 828 Smith ($20,220/year), 1321 Redwood ($17,509/year), 145 Elm ($15,900/year), 151 Elm ($19,275/year), 153 Elm ($18,274/year), 157 W Elm ($36,616+6k others/year). Profit and Loss Math: Rents: $15866+$13,177+$17,635+$13,700+$22,200+$20,220+$17,509+$15,900+$19275+$18,274+$36,616+ Triplex Laundry + Other Income $5,921=$216,294 per year gross income - $9,112 (Sewer/Trash/Common Lights/Gas) - $34,798 (Property Taxes) - $6,681 (Insurance) â Repair Supplies and Services $6,726 â $1,334 (Permits and Licenses) â $5,100 (Admin Expense) â $10,307 Vacancy Allowance (5%) = $142,233 Positive Cash Flow. Properties in the package deal are: 107 Stanbridge St, Norristown, PA 19401 (Tax ID: 13-00-35232-008), 220 W Spruce St Norristown, PA 19401 (Tax ID: 13-00-34128-005), 657 Kohn St Norristown, PA 19401 (Tax ID: 13-00-18920-003), 712 Astor St Norristown, PA 19401 (Tax ID: 13-00-02816-006), 808 George St Norristown, PA 19401 (Tax ID: 13-00-13260-002), 828 Smith St, Norristown, PA 19401 (Tax ID: 13-00-33704-006), 1321 Redwood Ln, Norristown, PA 19401 (Tax ID: 13-00-31968-005), 145 W Elm St, Norristown, PA 19401 (Tax ID: 13-00-10600-007), 151 W Elm St, Norristown, PA 19401 (Tax ID: 13-00-10612-004), 153 W Elm St Norristown, PA 19401 (Tax ID: 13-00-10616-009), 157 W Elm St, Norristown, PA 19401 (Tax ID: 13-00-10624-001)
TURNKEY MEDICAL OFFICE - AVAILABLE FOR SALE $488,000.00 2,300 +/- Square Foot 2 Story Commercial Building Renovated in 2019 First Floor: 1,300 Sq. Ft., Second Floor: 1,000 Sq. Ft. Basement w/ Bilco Doors First floor- reception area, waiting area, 3 rooms with sinks and cabinetry. kitchen/lab area Second floor- large private office, open area powder room and plenty of storage Built In 1940/Taxes: $5,622.00 / 14,300 Square Foot Lot (.32 Acres) / Highway Signage Zoned LC Limited Commercial Allowing For Most Commercial, Retail & Professional Office Uses Easy Accessibility to Major Highway Arteries.
Multifamily brick building locates in the prosperous Norristown down area for sale. upstairs offer 4 bedrooms apartment with separated entrance and fire exit stairs, needs some TLC. The roof has been recoated couple year ago. 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 the sale. The sale includes the Entire real estate building , the tavern business, the Chinese restaurant business at the scene and the slot machines generate very nice incomes. The owner runs the bar and food business for a long time, decides to retire. The business is very profitable, steady , stable and easy to manage. It is a very rare opportunity to own a piece land in downtown area, Possess the R" liquor license- very few for sale in Montgomery county, Also have well built profitable business.
Commercial property with solid building located in a busy business district of East Norriton Township. Front facade facing State Road N. 202 near Germantown Pike. It has its own driveway onto wide parking lot spaces - good for over 40 cars. Currently it has one tenant. 1st floor, front center - vacant, the right side is vacant, and on the other side vacant. 2nd floor main building is vacant. The extended building at rear is occupied by Health Spa. All units has its own secured door entrances. This property has been upgraded and well maintained. The 2nd floor has the biggest usable space, with two sections, wide open layout good for 2 potential tenants. A prime location for business to grow. There is a possibility that the tenant at rear of the building will stay.
The site contains a land area of approximately 17,800 SF with 166.00 feet of frontage along Beech Street between George and Kohn Streets. One-story, concrete block and frame, office-warehouse building with 7,795 SF, of which 28.3% is finished office space. The subject site is improved with a light industrial building as well as site improvements. The office section includes front entry and office area, two rest rooms, private office with drafting table, file room, kitchenette, bathroom with stall shower, reception area, hallway to a conference room, and three private offices. The warehouse section includes receiving area, warehouse storage divided into two sections with a wood frame mezzanine level along the southeastern building elevation and has three drive-in doors. Office Area: 2,203 SF Warehouse Area: 5,592 SF