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    Retail properties & Spaces

    1435 W Main St, Norristown, PA 19403

    8,919 SF 0.39 ac lot Built 1900
    Entity Owned 16-yr Hold ~ Est. High Equity
    Property ID
    US73-1579344
    Property summary
    AI-generated overview

    This exceptional 8,919-square-foot warehouse, situated on a 0.39-acre lot in Norristown, Pennsylvania, presents a significant opportunity for businesses seeking industrial space. Located at 1435 W Main Street, the property boasts a single-tenant occupancy, offering complete control and flexibility. The warehouse features impressive ceiling heights ranging from 11 feet to 16 feet 7 inches, providing ample vertical space for storage and operations. Five convenient drive-in doors ensure efficient loading and unloading, streamlining logistics and maximizing productivity. The property is zoned for commercial use within West Norriton Township, Montgomery County, and is conveniently located with easy access to major transportation routes (specific details not provided). The entire 8,919 square feet is currently vacant, allowing for immediate occupancy and customization to meet specific business needs. This property is ideal for a variety of industrial uses, offering a combination of size, functionality, and location that is rarely found. The address is 1435 W Main St, Norristown, PA 19403. This is a rare opportunity to secure a substantial warehouse in a desirable location. The property's size, features, and zoning make it an attractive investment for businesses seeking to establish or expand their operations in the Norristown area.

    Property profile
    Verified
    Property type Retail properties & Spaces
    Use group SERVICE SHOP (TV, ELECTRIC, PLUMBING)
    Year built 1900
    Total area 8,919 SF
    Lot 0.39 ac (17,000 SF)
    Zoning code C
    APN 63-00-06718-00-5
    UPID US73-1579344
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $894k
    Blend (final) Blend
    $770k
    Owner & transaction history
    West Norristown LLC · 16 yrs held
    West Norristown LLC
    since 2009
    2 recorded transactions
    2009
    $425,000
    1969
    Zoning & alternative use
    C · West Norriton, PA
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Restaurant $1.3M +8.4%
    Neighborhood: shopping center $1.2M +0.7%
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