501 SWEDE ST Active Save Request In-Person Tour Request Virtual Tour
Norristown,PA 19401
Key Details
Property Type Commercial
Sub Type Five Or More Units
Listing Status Active
Purchase Type For Sale
Square Footage 7,400 sqft
Price per Sqft $112
MLS Listing ID PAMC2110608
Originating Board BRIGHT
Year Built 1901
Annual Tax Amount $12,493
Tax Year 2017
Lot Size 2,900 Sqft
Acres 0.07
Property Description
Great for a coffee shop. Across the street from the county seat Montgomery County Court House. The property is in a prime location. Just a 1-block walk to the bus stop, grocery store . A short walk to Elmwood Park, the Norristown Zoo, Montgomery County Courthouse, train station (to Philadelphia) and the Norristown Public Library. Five-minute drive to King of Prussia, 30 minutes to Philadelphia. This is a rare opportunity to own 4 apartments under one roof and a commercial space great for a Starbucks. The rental demand in this area is strong. Montgomery County Housing Authority reimbursement for an apartment in this area is see attachment a month (per unit). If you haven't recently visited, you may not have seen all the improvements that have occurred in Norristown 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 existing businesses are expanding. The Recreation Department provides programs for children and adults throughout the year. The Thomas Barone Memorial Complex offers 3 athletic fields, one with lights, for youth baseball and softball programs. Latshaw Field is host to the Chestnut Hill University Baseball Team. Elmwood Park offers: Bocce Ball, picnic areas, a brand new impressive 3 story playground, as well as outdoor concerts on Sundays and volleyball. The property along the Norristown riverfront is readied for redevelopment and the path forward for a thriving riverfront in place. Schuylkill River Trail and Norristown Transportation Center development has been completed. The 70-acre parcel that was the former site of the State Hospital was deeded to Norristown borough from the state last year. Plans for the re-development of this site are nearing completion.
Location
State PA
County Montgomery
Area Norristown Boro (10613)
Zoning TC
Interior
Hot Water Electric
Heating Baseboard - Electric
Cooling Central A/C
Flooring Carpet
Heat Source Electric
Exterior
Garage Spaces 4.0
Utilities Available Water Available,Sewer Available,Natural Gas Available,Electric Available
Waterfront N
Water Access N
Roof Type Flat,Built-Up
Accessibility None
Road Frontage Boro/Township
Total Parking Spaces 4
Garage N
Building
Foundation Stone
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Norristown Area
Others
Tax ID 13-00-36256-001
Ownership Fee Simple
SqFt Source Estimated
Special Listing Condition Standard