Property summary
This exceptional 7,952 square foot commercial property, situated on a 1.05-acre lot at 2940 Dekalb Pike in Norristown, PA, presents a significant investment opportunity. Located in a bustling business district of East Norriton Township, the building enjoys high visibility with its prominent frontage on State Road N. 202, near Germantown Pike. The property boasts a spacious parking lot accommodating over 40 vehicles, accessed via a convenient driveway. Currently, the building houses one tenant, with significant vacancy offering immediate income potential and flexibility for future development. The first floor features several vacant units, while the entire second floor of the main building is also available. The second floor offers the largest usable space, featuring a wide-open layout suitable for multiple tenants. An extended building at the rear is occupied by a health spa, with the possibility of continued lease occupancy. All units are equipped with secure door entrances. The property is meticulously maintained and has recently passed all necessary inspections. This prime location offers exceptional potential for business growth and expansion, making it an ideal investment for discerning buyers.
Property profile
VerifiedCap rate & NOI
Current use
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Alternative Medicine Practice Spa & Massage Center
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Auto Repair Shop
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
C · East Norriton, PAZoning
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Zoning designation
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