Mixed-Use Property with Dual-Use
For Sale
$399,000
2107 DEKALB PIKE, Norristown, PA 19401
Approved for residential and commercial use with several professional-use options.
Property Size1,064 SF
Price / SF$375
Days on Market96
Property Features for 2107 DEKALB PIKE
General Information
Standard status
Active
Size
1,064 SF
Property subtype
Commercial
Building Details
Year Built
1950
Listing Agency:
Coldwell Banker Realty
(215) 641-2727
Listed By:
Donna C Ragusa · License #RS288223
(610) 637-3404
Source:
Cummingsrealtors
Added: Jul 29
Changed: Oct 31
Last Checked: Oct 30 at 4:13PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker Realty
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Investment Insights
Based on property information with market context.
This mixed-use property at 2107 DeKalb Pike in Norristown, Pennsylvania, carries approval for both residential and commercial use. The 1950-built property is suited to a range of professional and personal-service operations, including medical or dental practice, beauty or nail salon, accounting, legal, insurance, and financial services. An owner-operated business may also be accommodated within the approved use framework.
The property offers a compact commercial setting for an entrepreneur, professional user, or investor seeking flexibility between residential and business applications. Its address places the asset on DeKalb Pike in Norristown, PA 19401.
The property offers a compact commercial setting for an entrepreneur, professional user, or investor seeking flexibility between residential and business applications. Its address places the asset on DeKalb Pike in Norristown, PA 19401.
Key Highlights
- Approved for both residential and commercial use
- Suitable for medical or dental office, beauty or nail salon, and professional office applications
- Potential professional uses include accounting, legal, insurance, and financial services
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$16,728
Cap Rate
4.19%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$334,560
$334.6K
Cap Rate 7%
$238,971
$239.0K
Cap Rate 9%
$185,867
$185.9K
Market Conditions
NOI Build-Up for 1,064 SF
Gross rent
$27.7K $26.04/SF
− Vacancy
−$5.4K −$5.08/SF
EGI
$22.3K $20.96/SF
− OpEx
−$5.6K −$5.24/SF
NOI
$16.7K $15.72/SF
Area
Montgomery County, PA
Vacancy
19.50%
Lease Rate
$26.04 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$334,560
Cap Rate 7%
$238,971
Cap Rate 9%
$185,867
Alternative Uses
Best Use
Office B
$239.0K
$209.1K – $278.8K
NOI $16,728 @ 7.0% cap · market cap 4.19%
Second Best
Healthcare Medical
$219.7K
$192.2K – $256.3K
NOI $15,377 @ 7.0% cap · market cap 3.85%
Theoretical Best
Specialty Retail
$612.0K
$535.5K – $714.0K
NOI $42,842 @ 7.0% cap · market cap 10.74%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
698
Businesses Nearby
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Business Placement
Demographics for 19401, PA
43,414
Population
18,236
Households
2.4
Avg Household Size
36
Median Age
28%
College-Educated
86%
High-School Grad
6.2 sq mi
ZIP Area
7,002
Density / Sq Mi
$68,646
Median Household Income
$38,050
Median Earnings
$1,392
Median Rent
$225,700
Median Home Value
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Market
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Approved for residential and commercial use with several professional-use options.
Where is this mixed-use property located?
The property is located at 2107 DEKALB PIKE Norristown, PA.
What is the asking price?
The asking price for this property is $399,000.
What are key features of this property?
This property features: Approved for both residential and commercial use; Suitable for medical or dental office, beauty or nail salon, and professional office applications; Potential professional uses include accounting, legal, insurance, and financial services
