Retail Space with Private
New
For Sale
Contact for pricing
807 Sterigere Street, Norristown, PA 19401
Storefront exposure and a private powder room complement a compact commercial layout.
Property Size270 SF
Price / SF$2.57
Days on Market1
Property Features for 807 Sterigere Street
General Information
Standard status
Active
Size
270 SF
Total Parking Spaces
2
Property subtype
Commercial
Zoning
COMMERCIAL
Lease Term
12 Months
Amenities
Private powder room
Electric
Yes
No
Public
Parking Lot
2
0.00
Building Details
Year Built
1960
Listing Agency:
Coldwell Banker Realty
(856) 222-0077
Listed By:
Tyler Mecca
Source:
Thetristaterealestategroup
Added: Oct 19
Last Checked: Oct 19 at 2:33PM
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
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This retail space at 807 Sterigere Street in Norristown measures approximately 270 square feet, with dimensions of 15' x 18'. A private powder room is part of the space, and storefront exposure faces the street. The property carries commercial zoning and was built in 1960.
The site is in the Elmwood Park area, near the proposed redevelopment of the former Norristown State Hospital property. The compact floor area and restroom provide a straightforward configuration for a small retail, office, studio, or service business.
The site is in the Elmwood Park area, near the proposed redevelopment of the former Norristown State Hospital property. The compact floor area and restroom provide a straightforward configuration for a small retail, office, studio, or service business.
Key Highlights
- Approximately 270 square feet; dimensions are 15' x 18'
- Private powder room
- Storefront exposure
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$3,259
Suggested Prices Based on Cap Rates
Cap Rate 5%
$65,180
$65.2K
Cap Rate 7%
$46,557
$46.6K
Cap Rate 9%
$36,211
$36.2K
Market Conditions
NOI Build-Up for 270 SF
Gross rent
$4.9K $18.00/SF
− Vacancy
−$204 −$0.76/SF
EGI
$4.7K $17.24/SF
− OpEx
−$1.4K −$5.17/SF
NOI
$3.3K $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%
$65,180
Cap Rate 7%
$46,557
Cap Rate 9%
$36,211
Alternative Uses
Best Use
Retail
$46.6K
$40.7K – $54.3K
NOI $3,259 @ 7.0% cap · market cap 468.92%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$155.3K
$135.9K – $181.2K
NOI $10,871 @ 7.0% cap · market cap 1,564.17%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,051
Businesses Nearby
Explore this area
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
Market
Vacancy Rate% for Retail in Northeast region
Frequently Asked Questions
What type of property is this?
Retail space - Storefront exposure and a private powder room complement a compact commercial layout.
Where is this retail space located?
The property is located at 807 Sterigere Street Norristown, PA.
What are key features of this property?
This property features: Approximately 270 square feet; dimensions are 15' x 18'; Private powder room; Storefront exposure
