Retail
For Sale
$75,000
325 E BASIN STREET, Norristown, PA 19401
Commercial retail space with combination construction and a straightforward ownership profile.
Property Size300 SF
Days on Market50
Property Features for 325 E BASIN STREET
General Information
Standard status
Active
Size
300 SF
Property subtype
Retail
Taxes and HOA fees
Annual Taxes
$1,706
Building Details
Building Size
300 SF
Year Built
1960
Listing Agency:
Fierce Realty Corp.
Listed By:
Deborah A. Spence · License #RM424134
(484) 934-2744
Source:
Lizclarkrealestate
Added: Sep 12
Changed: Oct 31
Last Checked: Oct 30 at 11:16PM
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 Fierce Realty Corp.
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This retail property was constructed in 1960 and occupies a compact 0.05-acre lot. Combination construction materials contribute to the building’s physical character, while the space is identified for retail use and may also accommodate office or creative-studio applications described in the property information.
The property is located at 325 E Basin Street in Norristown, Pennsylvania. It has no association fees or amenities to manage, and the absence of parking requirements provides flexibility in how the site is utilized.
The property is located at 325 E Basin Street in Norristown, Pennsylvania. It has no association fees or amenities to manage, and the absence of parking requirements provides flexibility in how the site is utilized.
Key Highlights
- Retail space on a 0.05‑acre lot
- Constructed in 1960
- Combination construction materials
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$3,621
Cap Rate
4.83%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$72,420
$72.4K
Cap Rate 7%
$51,729
$51.7K
Cap Rate 9%
$40,233
$40.2K
Market Conditions
NOI Build-Up for 300 SF
Gross rent
$5.4K $18.00/SF
− Vacancy
−$227 −$0.76/SF
EGI
$5.2K $17.24/SF
− OpEx
−$1.6K −$5.17/SF
NOI
$3.6K $12.07/SF
Area
Montgomery County, PA
Vacancy
4.20%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$72,420
Cap Rate 7%
$51,729
Cap Rate 9%
$40,233
Alternative Uses
Best Use
Retail
$51.7K
$45.3K – $60.4K
NOI $3,621 @ 7.0% cap · market cap 4.83%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$172.6K
$151.0K – $201.3K
NOI $12,079 @ 7.0% cap · market cap 16.11%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,649
Businesses Nearby
8k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 100%
Dekalb Supermarket IGA
Groceries
7,643 visits/mo
0.4 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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Northeast region
Frequently Asked Questions
What type of property is this?
Retail space - Commercial retail space with combination construction and a straightforward ownership profile.
Where is this retail space located?
The property is located at 325 E BASIN STREET Norristown, PA.
What is the asking price?
The asking price for this property is $75,000.
What are key features of this property?
This property features: Retail space on a 0.05‑acre lot; Constructed in 1960; Combination construction materials
