Retail
831 E MAIN ST, Norristown, PA 19401
For Sale
Contact for pricing
Located on E Main St in Norristown, Pennsylvania.
Property Size11,970 SF
Price / SF$133.67
Days on Market22
Property Features for 831 E MAIN ST
General Information
Standard status
Size
Property subtype
Listing Agency:
Omega Commercial Real Estate, Inc
Listed By:
Joe O'Donnell · License #PA RM421358
Source:
Crexi
Added: Oct 19
Changed: Nov 8
Last Checked: Nov 8 at 6:04PM
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 Omega Commercial Real Estate, Inc
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 property at 831 E Main St in Norristown, Pennsylvania, contains 11,970 square feet.
Key Highlights
- 11,970‑square‑foot retail property
- Address: 831 E Main St, Norristown, PA 19401
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$144,487
Cap Rate
9.03%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,889,740
$2.9M
Cap Rate 7%
$2,064,100
$2.1M
Cap Rate 9%
$1,605,411
$1.6M
Market Conditions
NOI Build-Up for 11,970 SF
Gross rent
$215.5K $18.00/SF
− Vacancy
−$9.0K −$0.76/SF
EGI
$206.4K $17.24/SF
− OpEx
−$61.9K −$5.17/SF
NOI
$144.5K $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%
$2,889,740
Cap Rate 7%
$2,064,100
Cap Rate 9%
$1,605,411
Alternative Uses
Best Use
Retail
$2.06M
$1.81M – $2.41M
NOI $144,487 @ 7.0% cap · market cap 9.03%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$6.89M
$6.02M – $8.03M
NOI $481,969 @ 7.0% cap · market cap 30.12%
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
1,067
Businesses Nearby
52k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 58%
Shops & Services 40%
Electronics 2%
McDonald's
Dining
13,753 visits/mo
0.4 miles
Dollar Tree
Shops & Services
11,335 visits/mo
0.3 miles
Popeyes Louisiana Kitchen
Dining
7,254 visits/mo
0.5 miles
Sunoco
Shops & Services
6,832 visits/mo
0.1 miles
Dunkin' Donuts
Dining
4,561 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
$225,700
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Average Price Trend$/SF for Retail space in Montgomery County, PA
Properties on Market for Retail space in Montgomery County
Vacancy Rate% for Retail in Northeast region
Frequently Asked Questions
What type of property is this?
Retail space - Located on E Main St in Norristown, Pennsylvania.
Where is this retail space located?
The property is located at 831 E MAIN ST Norristown, PA.
What is the asking price?
The asking price for this property is $1,600,000.
What are key features of this property?
This property features: 11,970‑square‑foot retail property; Address: 831 E Main St, Norristown, PA 19401
