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1930 W Main St

Norristown, PA 19403

$9,900,000

General Retail For Sale  •  44,975 Sq Ft

Property Details

  • Property Type General Retail
  • Total Building Size 44,975 Sq Ft
  • Lot Size 5.2 ac
  • Building Class C
  • Year Built 1966
  • Tenancy Multiple
  • Zoning C-Comm
29 Transit Score
50 Walk Score

Description

Shopping center with 5.2 acre Lot size and 50,531 building size , basement -2700 sf. 1st floor: unit A-super market, running now,32,475 sf ,central air & heat ,$180,000/week gross volume now, installed energy saving light bulb ( worth $100,000 ), 8 cashier register conbelt tables, auto loading table. Unit B-2684 sf, obtained tenant ,cell phone store, central air & heat. Unit C-7028 sf, Occupied for beauty supply business, central air & heat . Unit D-1747 sf, Nail salon , pays rent . Unit E-2701 sf, previous tenant was bank, vacant now . 2nd floor : 2700 sf , used for office before , vacant now ,3 separated spaces and 1 kitchen,2 bathrooms ,separated entrance door from out side building . all units have separated electric & gas meters and central air & heat . The new roof was done 2013 with long term warranty , shape roof, parking lot for 250 cars , The shopping center was appraised $3,200,000 on 2012 . asking price break down : real estate-$3,000,000  supermarket business -$1,400,000  supermarket inventory :$1,500,000 total $5,900,000 . annual real estate tax is $122,826   The supermarket business volume has been increasing continuously. GREAT LOCATION for retail

Amenities

  • Pylon Sign

Public Transportation

AirportDriveWalkDistance
Philadelphia International Airport 41 min - 32.2 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 200
Type: Surface
Included in Rent: Yes
Peter (Kun) Han 215-668-1666 PK Property Inc
Peter (Kun) Han 215-668-1666 PK Property Inc