Freestanding Retail/Commercial Building For Sale

317 W Johnson Hwy Norristown, PA 19401

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For Sale
Contact for pricing

Three-story, 2,888 SF retail/commercial building with unfinished basement.

Type:RETAIL
Property size:
2,888 SF
Price / SF:
$150/SF
Added:
May 20, 2026
Days on Market:
53
Last Refresh:
Jun 30 at 12:01 pm

Property Features for 317 W Johnson Hwy

General Information

Standard status
Active
Size
2,888 SF
Property subtype
RETAIL

Listing office J.M. Basile & Associates

Listing date May 20, 2026

Source Moodyscre

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 J.M. Basile & Associates


Investment Insights

Based on property information with market context.

This is a freestanding, three-story retail/commercial building with a total area of 2,888 square feet, not including an unfinished basement. The property benefits from its proximity to public transportation, with a SEPTA bus stop located nearby, providing convenient access for both customers and employees. The property is suitable for either an owner-user or an investor seeking a commercial location with high visibility.

Key Highlights

  • High‑visibility commercial location
  • Freestanding, 3‑story building totaling 2,888 SF
  • Suitable for owner‑user or investor

Local Financial Insights For Retail

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $52.0k $18.00
− Vacancy −$2.2k −$0.76
EGI $49.8k $17.24
− OpEx −$14.9k −$5.17
NOI $34.9k $12.07
2,888 SF · lease $18.00/SF/yr · vacancy 4.20% · expense 30.00%

Alternative Uses

Best Use
Retail
$498.0K
$435.8K – $581.0K (±1% cap)
NOI $34,860 @ 7.0% cap · market cap 8.01%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$1.66M
$1.45M – $1.94M (±1% cap)
NOI $116,285 @ 7.0% cap · market cap 26.73%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Kitty Cottage Adoption ... Pet Adoption Service

Suggested Use

Real Estate Agency Bakery Gym & Fitness Center Accounting Firm Parking Lot & Garage Carpet & Flooring Store Locksmith Catering Service Plumbing Service Computer & Electronic Repair

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Storefront property - Three-story, 2,888 SF retail/commercial building with unfinished basement.
Where is this storefront property located?
The property is located at 317 W Johnson Hwy Norristown, PA.
What is the asking price?
The asking price for this property is $435,000.
What are key features of this property?
This property features: High‑visibility commercial location; Freestanding, 3‑story building totaling 2,888 SF; Suitable for owner‑user or investor
Contact an agent
(610) 768-4000 Call to check price and availability
More about this property
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