501 Swede St Norristown, PA 19401

This mixed-use property is located across the street from the Montgomery County Court House in Norristown, Pennsylvania. The property features four apartments and a commercial space. The location is a block from the bus stop and a grocery store, and a short walk to Elmwood Park, the Norristown Zoo, Montgomery County Courthouse, the train station to Philadelphia, and the Norristown Public Library. King of Prussia is a five-minute drive away, and Philadelphia is 30 minutes away. The commercial space is suitable for a business such as a Starbucks. Rental demand in the area is strong. Montgomery County Housing Authority provides reimbursement for apartments in this area. Improvements in Norristown include streetscapes, a cultural district, major transportation improvement projects, and thriving neighborhoods. Commercial growth in Norristown is on the rise, with many new businesses and existing businesses 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 new three-story playground, outdoor concerts on Sundays, and volleyball. The property along the Norristown riverfront is readied for redevelopment. The 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. Plans for the re-development of this site are nearing completion. The property has a lot size of 0.07 acres and a property size of 7400 square feet.