The median home value in Norristown, PA is $238,000.
the county median home value of $345,000.
The national median home value is $308,980.
The average price of homes sold in Norristown, PA is $238,000.
Approximately 38% of Norristown homes are owned,
compared to 51% rented, while
11% are vacant.
Norristown real estate listings include condos, townhomes, and single family homes for sale.
Commercial properties are also available.
If you like to see a property, contact Norristown real estate agent to arrange a tour
Learn more about Norristown Real Estate.
Not available since 1986, this is a rare opportunity. Property is zoned R2, however has an existing legal nonconforming use as an established Auto Repair Shop with off street parking. In addition, a oversized twin residential dwelling unit, with corner space that was formerly a retail space afford additional income or an owner occupant opportunity. The twin sits on the corner of Markley & Wood. Being the end of the block, it has a larger than normal lot and was built with a corner retail space. The retail space is currently vacant and needs renovation. Due to R2 Zoning, application can seek a special exception under the code or seek a variance for other uses. The twin is a spacious four bedroom 1.1 bath with third floor that could be finished into additional bedrooms. Roof 2014. Fenced in rear yard. Attached garage with small private office as well. Wrapping around to Wood Street you will find the long established Auto Shop. Roof 3 years old. There is an office in the front for customers. The over head doors lead to the shop space with 3 lifts. There are private offices in the rear and employee areas. 15+ side parking to stack vehicles. Off street and on street parking permitted. Showings Monday thru Friday 8 am to 5pm. Saturdays 9 to 12pm. Property is being sold in as-is condition.
See 139 W Penn street for property and building details. This parcel is just a parking lot but it is included in the sale of 139 W Penn Street and 138 Ann Street. NOW ON THE MARKET! This 3 parcel sale included 139 W. Penn St, a garage that is 1,113 sqft and includes a spray booth, air compressor and an in floor, rail, frame pulling system. All equipment is included with the sale AS-IS with no warranty. In addition, with this parcel comes a 832 sqft 2 bedroom, 1 bathroom house which is in need of a complete rehab. Also included are 2 additional parcels 141 Ann St. which is a paved parking lot that will hold 5-7 vehicles. The 3rd parcel 138 Ann St. is another paved parking lot that is adjacent to the Penn St. garage and also will hold 5-7 vehicles and also has a 6' fence on the rear section of this lot. These properties present a great opportunity for someone looking to open their own Body Shop or even a contractor looking for a garage/warehouse for their equipment and vehicles while you have an income producing 2 bedroom home reducing your cost to run the property. With so much to offer as well as the downtown location only 1 block away from all of the major construction currently in the process at the Montgomery County Courthouse. Also only 2 blocks off of Dekalb Pike- Route 202. The property is vacant and easy to show. The Listing agent must accompany all showings. Make your appointment today, this will go fast!
See 139 W Penn street for property and building details. This parcel is just a parking lot but it is included in the sale of 139 W Penn Street and 141 Ann Street. NOW ON THE MARKET! This 3 parcel sale included 139 W. Penn St, a garage that is 1,113 sqft and includes a spray booth, air compressor and an in floor, rail, frame pulling system. All equipment is included with the sale AS-IS with no warranty. In addition, with this parcel comes a 832 sqft 2 bedroom, 1 bathroom house which is in need of a complete rehab. Also included are 2 additional parcels 141 Ann St. which is a paved parking lot that will hold 5-7 vehicles. The 3rd parcel 138 Ann St. is another paved parking lot that is adjacent to the Penn St. garage and also will hold 5-7 vehicles and also has a 6' fence on the rear section of this lot. These properties present a great opportunity for someone looking to open their own Body Shop or even a contractor looking for a garage/warehouse for their equipment and vehicles while you have an income producing 2 bedroom home reducing your cost to run the property. With so much to offer as well as the downtown location only 1 block away from all of the major construction currently in the process at the Montgomery County Courthouse. Also only 2 blocks off of Dekalb Pike- Route 202. The property is vacant and easy to show. The Listing agent must accompany all showings. Make your appointment today, this will go fast!
ust a few blocks to Elmwood Park and the Norristown Zoo. Norristown! If you haven't recently visited, you may not have seen all the improvements that have occurred. From streetscapes, the cultural district, and major transportation improvement projects to thriving neighborhoods - commercial growth in Norristown is on the rise. Norristown is home to many new businesses - and our existing businesses are expanding!The Recreation Department provides programs for children and adults throughout the year. Our Thomas Barone Memorial Complex offers 3 fields, one with lights, for our youth baseball and softball programs. Latshaw Field is a host toChestnut Hill University,Connie Mack BaseballCYO During the Baseball SeasonNorristown DiamondsSenior League Baseball (Ages 30 and Over)We also have an adult softball field at Sully Gelet field and Patti Simons Field. Elmwood Park offers:Bocce BallPicnicsPlayground AreasSunday ConcertsVolleyball :RIVERFRONT REDEVELOPMENT.As property along the riverfront is readied for redevelopment, the path forward for a thriving riverfront is also underway.Schuylkill River TrailThe trailhead at Norristown Transportation Center was developed for use by trail users through the cooperation of Municipality of Norristown, Montgomery County Parks and PA Heritage Parks, and SEPTA. Trail users may use these parking facilities at no cost after 5 p.m. on weekdays and all weekend. Visit the Schuylkill River Trail website to learn more.Elmwood Park Zoo is a zoo located in Norristown, Pennsylvania.
Church and Parking Lot are total of 4 Parcels: Church is 1036 Green St, Parcel #13-00-14228-006 Parking Lot includes 1024 Green St., Parcel#13-00-14216-009, 1026 Green St, Parcel #13-00-14220-005, Green St., Parcel #13-00-14228-015 Total approx. 83 ft frontage on Green St., X Irr See Plot Plan Attached Church on first floor, seats approx. 100; lower level Fellowship Rm, Kit, Ladies/Mens Rms, Storage and Office Parking lot for 30+ cars
Welcome to 601 W Main St - a mixed-use building located in rapidly developing, red hot Downtown Norristown. Get in now and take advantage of this economic change. This large corner building currently features 4 efficiency apartments, a former dental office, a large attic space (could be a 2 bedroom or large 1 bedroom unit) and detached garage. All 4 apartments are occupied and tenants would prefer to stay if possible (3 are on a month to month basis). The detached garage is currently rented at $125/month. All the leases are below current market values. Currently the owner pays heat, water and sewer. If the office is rented as is, the building would be operating at an estimated 9% cap rate, with room for increased rents or potential conversation of office to residential. Great return in this market!! The office space has been fully rewired and does have AC. The boiler for the building is brand new (2023) and the chimney was recently certified. Two of the apartments have their own entrances. Don't hesitate on this cash cow with considerable future potential. A welcome addition to any Investment Portfolio.
Don't miss this oppurtunity to buy a commercial property in the most desirable location in norristown . this property is located near Norristown municipal/police center, retail shopping, restaurants and other small businesses. Most recently used as a House of Worship. Take appointment today to show this Over 2000 sq feet of open space with 14 parking spaces included. Main level has a very open floor plan with high ceiling and includes a separate office. Lower level is completely finished with ideal and spacious gathering space and two separate bathrooms with several stalls each. This is a ASIS sale , Buyers can call the Norristown Boro to check the possible uses .
Highly accessible flex space available for lease or sale, located in Norristown, PA
Restaurant and a mixed-use apartment building now For Sale. This Montgomery County Restaurant located in Norristown has been open for 45 years and still remains open serving the delicious food it is known for. Here is an opportunity to own a profitable restaurant and have additional income producing rental units all in good condition, at the same location. Alfredo's Restaurant takes up the entire 1st floor of this 5,685 sq. ft. building all equipment in the restaurant is included with the sale of the property. The restaurant is equipped to hold up to 64 patrons and also has bar seating available. There are 6 licensed residential rental units plus the restauraunt all on the premises. There is a 1st floor Efficiency apartment with tenant paying their own electric, 3 units on the 2nd floor, a 2 bedroom with an outside deck that also has all utilities including heat and hot water completely seperate. There are 2 other 2nd floor Efficiency units also that have seperate electric meters. On the 3rd floor there are 2 more units these are boarding room units both in good condition. All units and the restaurant are officially licensed. The building will meet all of the Municipality of Norristown's requirements even Norristown's latest added Fire Safety Requirement when there is a Commercial 1st floor space with residential apartments above. The location of this property cannot be beat it is located on the very West end of Norristown just below the West Norriton Township line and only 1 mile from the center of Town where the new Justice Center is currently being built. Be a part of Norristown's amazing growth! It has been many years since you could look at Norristown from the Bridgeport side or any of the surrounding Townships and see 2 large building cranes above its skyline! Come and join some of the Country's top franchises that have come to Norristown such as Chase Bank, Dunkin Donuts, McDonalds, Domino's, Royal Farms, Aaron's and others.
$47,000 yearly income! One Commercial space presently a Hair Salon, Two 1 Bedroom Apartments and One 2 Bedroom Apartment. Centrally located close to Public Transportation, great dining choices at your door step in the heart of the Business Corridor on W Marshall St. Act Fast before it's gone! Buyer to get the U&O.
$181,000 plus annual income! 3 Commercial spaces, a Warehouse with Office and 7 beautiful Apartments with the perfect denomination : Two 1 Bedrooms, three 2 Bedrooms and Two 3 Bedrooms. Some of the units have an Attractive Multi Level design! Centrally located close to Public Transportation, great dining choices at your door step in the heart of the Business Corridor on W Marshall St. Buyer responsible for U&O requirements.
SJI Jackson Real Estate extends to qualified investors the opportunity to acquire the fee simple interest in the +/- 1.8 acre mixed use development site located at the corner of 371 E. Main Street in Norristown, Pennsylvania. The property consists currently of 19 individual lots situated in the Town Center-II zoning district which allows for a variety of commercial and residential uses. Sketch plans are currently in place that would allow for 18,966 of ground floor retail/commercial use, 82-98 surface parking spaces, between 60 to 96 residential units with a roof deck (floor count dependent). This project is situated in Norristown Borough's Federal Qualified Opportunity Zone, allowing for beneficial tax investment incentives, and has been awarded a Redevelopment Assistance Capital Program (RACP) grant from the Commonwealth of Pennsylvania. The site is located in close proximity to the Montgomery County Courthouse and SEPTA's Norristown Transportation Center, with an estimated 17,500 car traffic count.
Rare opportunity to own a Turn Key Big size 6 unit property, units have central air and private parking., already generating good income. Buyer responsible for U&O requirements.
Rare opportunity to own a Turn Key Mixed Use property, already generating good income. Buyer responsible for U&O requirements. Monthly Income generated: First floor COMMERCIAL Flower shop $1,169.00, Second and 3rd levels 4 Bedroom Apartment $1,600.00. Tenants pay all utilities, This Property offers Immediate Upside Potential.
Rare opportunity to own a Turn Key Mixed Use property, already generating good income. Buyer responsible for U&O requirements. Monthly Income generated: First floor Commercial $1,313.00, Second and 3rd levels APT#2 2 Bed $900.00, APT#3 1 Bed $900.00. Tenants pay all utilities. Immediate Upside Potential.
Rare opportunity to own a Turn Key Mixed Use property, already generating good income. Buyer responsible for U&O requirements. Monthly Income generated: First floor Commercial Phone Store $1,124.00, Second and 3rd levels 3 Bedroom Apartment $1,150.00. Plus a garage $450.00. Tenants pay all utilities, This Property offers Immediate Huge Upside Potential.
Rare opportunity to own a Turn Key Mixed Use property, already generating good income. Buyer responsible for U&O requirements. Monthly Income generated: First floor Restaurant $1,622.00, Second and 3rd levels 4 Bedroom Apartment $1,100.00. Tenants pay all utilities, This Property offers Immediate Huge Upside Potential.
**NEED EXTRA STORAGE?** 2 - 2 car garages available separated by a fenced in lot. One garage has front and rear garage door entry, including a garage door opener. Both garages have electricity with outlets and lights, but no water. Endless possibilities with these garages. Extra storage or a workshop. Garages are currently being rented for: $300 for the front and rear entry garage/2 door $250 for the rear entry garage/1 door
Prime commercial property available on Dekalb Pike in Norristown, Montgomery County, PA. This exceptional property is ideal for an owner/user or investor. The property is comprised of a two-story auto repair shop and a 5-unit mixed-use building. The auto repair shop features a large parking lot, multi-bay the facility, private office, and ample storage space. The mixed-use building includes four well-maintained apartments and a ground-floor commercial space. While this is an exceptional opportunity for an auto user, the income potential makes this offering ideal for a variety of investors alike.
This Sales is As-Is Condition, Buyer is responsible for all cert. This is a 4 parcel building located in the business district on E Marshall. All have it separate electric and gas meter. 1-3 blocks from Montgomery Court House and Norristown Transportation Center, Postal Office.
Optimal investment opportunity situated in a heavily traveled and busy business district of East Norriton Township! This 3-story multi-use property has been meticulously maintained by a long-time owner. The first-floor unit houses the hair salon/clinic and is an established business in the area. The unit features a reception area, a waiting area, spacious workstations, two therapy rooms, a private office, a kitchenette, and access to a full basement with plenty of storage space. The current ownerâs wife owns and operates the salon business and would like to lease the space from the new owner to continue operating the business. Move upstairs from the rear and enter the bi-level residential apartment. The main floor of the unit offers an updated kitchen, a comfortable living room with a gas fireplace, wall-to-wall carpeting, and access to the huge back deck. Finishing off the main floor is a convenient half bathroom. The top floor shows off a sizable bedroom with a vaulted ceiling and skylight. Two additional bedrooms also have a skylight and ample closet space, and a full bathroom completes the level. Other features of the apartment include a washer/dryer, and ceiling fans in all living spaces. Both units have all separate utilities. Parking is easy with 12 parking spaces (two parking spaces are dedicated to the residential apartment). The property is strategically located close to major shopping areas, banks, hospitals, apartment buildings, and residential areas. Easy access to Schuylkill Expressway, rt 202, and PA Turnpike. Offered at a 6.48% cap rate, this building is a cash flow machine and will be a great addition to any investor's portfolio!
Package purchase price is $1,971,579. See mls# PAMC2036110 for complete package listing. 10 single family houses and a triplex with an onsite laundromat 100% occupied, being sold as a $1,971,579 package deal ONLY. Leases are NOT month to month. Math and numbers are for all properties added up. All are legal rentals and fully occupied with well vetted tenants. Excellent CAP rate! See Profit and Loss math below and in documents section. High income producing properties with extremely low bills and great POSITIVE cash-flow. Very low maintenance with tenants in place. Rent incomes produce $11,850 positive cash-flow per month or $142k+ per year after all expenses! In the houses, the owner pays trash and sewer, tenant pays everything else. Triplex tenants pay for PECO (Gas and electric) utilities, owner pays everything else. Owner pays ONLY Water, Sewer, Trash, Common Lights, Gas to heat the laundry room ($9,112/year), Insurance ($6,681/year) and Taxes ($34,798/year). Rental Incomes: 107 Stanbridge ($15,866/year), 220 Spruce ($13,177), 657 Kohn ($17635/year), 712 Astor ($13,700/year), 808 George ($22,200/year), 828 Smith ($20,220/year), 1321 Redwood ($17,509/year), 145 Elm ($15,900/year), 151 Elm ($19,275/year), 153 Elm ($18,274/year), 157 W Elm ($36,616+6k others/year). Profit and Loss Math: Rents: $15866+$13,177+$17,635+$13,700+$22,200+$20,220+$17,509+$15,900+$19275+$18,274+$36,616+ Triplex Laundry + Other Income $5,921=$216,294 per year gross income - $9,112 (Sewer/Trash/Common Lights/Gas) - $34,798 (Property Taxes) - $6,681 (Insurance) â Repair Supplies and Services $6,726 â $1,334 (Permits and Licenses) â $5,100 (Admin Expense) â $10,307 Vacancy Allowance (5%) = $142,233 Positive Cash Flow. Properties in the package deal are: 107 Stanbridge St, Norristown, PA 19401 (Tax ID: 13-00-35232-008), 220 W Spruce St Norristown, PA 19401 (Tax ID: 13-00-34128-005), 657 Kohn St Norristown, PA 19401 (Tax ID: 13-00-18920-003), 712 Astor St Norristown, PA 19401 (Tax ID: 13-00-02816-006), 808 George St Norristown, PA 19401 (Tax ID: 13-00-13260-002), 828 Smith St, Norristown, PA 19401 (Tax ID: 13-00-33704-006), 1321 Redwood Ln, Norristown, PA 19401 (Tax ID: 13-00-31968-005), 145 W Elm St, Norristown, PA 19401 (Tax ID: 13-00-10600-007), 151 W Elm St, Norristown, PA 19401 (Tax ID: 13-00-10612-004), 153 W Elm St Norristown, PA 19401 (Tax ID: 13-00-10616-009), 157 W Elm St, Norristown, PA 19401 (Tax ID: 13-00-10624-001)
TURNKEY MEDICAL OFFICE - AVAILABLE FOR SALE $488,000.00 2,300 +/- Square Foot 2 Story Commercial Building Renovated in 2019 First Floor: 1,300 Sq. Ft., Second Floor: 1,000 Sq. Ft. Basement w/ Bilco Doors First floor- reception area, waiting area, 3 rooms with sinks and cabinetry. kitchen/lab area Second floor- large private office, open area powder room and plenty of storage Built In 1940/Taxes: $5,622.00 / 14,300 Square Foot Lot (.32 Acres) / Highway Signage Zoned LC Limited Commercial Allowing For Most Commercial, Retail & Professional Office Uses Easy Accessibility to Major Highway Arteries.