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Mixed-Use Property with Food Market
For Sale
$368,900

254 East Main Street, Norristown, PA 19401

Upper floors contain a two-bedroom apartment with a modern kitchen, bath, and patio access.

Property Size3,346 SF
Price / SF$110.25
Days on Market353

Property Features for 254 East Main Street

General Information

Standard status Active
Size 3,346 SF
Total Parking Spaces 6
Property subtype Multi-Family / Fee Simple
Zoning COMMERCIAL

Units

Unit Mix 1 x 2BR
Multifamily Units 1

Taxes and HOA fees

Annual Taxes $4,056

Amenities

No Pool
Above Grade

Building Details

Year Built 1900
Buildings 1
Stories 3
Listing Agency: Coldwell Banker Realty
Listed By: Nicholas DeLuca
Source: Compass
Added: Sep 11, 2025 Changed: Aug 29 Last Checked: Aug 29 at 4:30PM

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

Investment Insights

Based on property information with market context.

This 3,346-square-foot mixed-use property places a commercial storefront on the first floor, with basement access for storage. The space is occupied by a food market tenant under a lease running through February 2027. Six parking spaces are available for daytime use, and the property is zoned COMMERCIAL.

The second and third floors form a large two-bedroom apartment that is currently vacant. Its layout includes a modern kitchen with a breakfast area, access to a second-story patio, and a modern bathroom. Renovation work has been completed over the last year. Built in 1900, the property is located at 254 East Main Street in Norristown’s downtown business district.

Key Highlights

  • 3,346‑square‑foot mixed‑use property with commercial and residential components
  • First‑floor food market tenant with lease running through February 2027
  • Large two‑bedroom apartment spanning the second and third floors

Property Analytics

Current Use

Joseph Mcmanus Physician

Suggested Use

Top Pick Real Estate Agency (Bike/Boat/Book/etc) Store Locksmith Acupuncture Skin Care Clinic Home Appliance Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

1
Residential units

Location Intelligence

Trade Area within ½ mile

1,700
Businesses Nearby
17k
Monthly Visits Nearby

Foot Traffic Nearby

Groceries 44% Shops & Services 41% Dining 15%
Dekalb Supermarket IGA Groceries
7,643 visits/mo 0.5 miles
AutoZone Shops & Services
5,840 visits/mo 0.3 miles
China Star Dining
2,629 visits/mo 0.5 miles
Citizens Bank Shops & Services
1,210 visits/mo 0.5 miles

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

Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Upper floors contain a two-bedroom apartment with a modern kitchen, bath, and patio access.
Where is this mixed-use property located?
The property is located at 254 East Main Street Norristown, PA.
What is the asking price?
The asking price for this property is $368,900.
What are key features of this property?
This property features: 3,346‑square‑foot mixed‑use property with commercial and residential components; First‑floor food market tenant with lease running through February 2027; Large two‑bedroom apartment spanning the second and third floors
More about this property
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