101 Lafayette St Norristown, PA 19401-4912
This exceptional 9,592 square foot industrial property, located at 101 E Lafayette Street in Norristown, Pennsylvania, presents a compelling investment opportunity. Situated on a 0.07-acre lot in Norristown's thriving commercial district, this property enjoys high visibility due to its location along a major thoroughfare. The building itself offers a range of features ideal for an owner-operator seeking to expand their business or a savvy investor looking for a strong return. Key features include a convenient commercial elevator, facilitating efficient movement of goods and personnel throughout the building. A drive-in ramp provides easy access for loading and unloading, streamlining operations and minimizing handling time. Furthermore, the property boasts a dedicated storefront with a separate entrance, offering potential for retail or showroom space, enhancing versatility and potential revenue streams. The asking price for this exceptional property is $499,999. This represents a significant opportunity to acquire a well-located, functional industrial space in a dynamic commercial area. The combination of size, features, and location makes this property a truly attractive investment prospect. Serious inquiries are encouraged.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
TC · Norristown, PANorristown. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.