MLS#PAMC2183974
STATUSACTIVE
PROPERTY TYPECommercial -
SCHOOLNORRISTOWN AREA
Property Description
Great investment opportunity at 1501 Powell, a mixed use property with first floor commercial and second floor residential. The first floor is rented through 2028 and is currently a grocery market. The second floor apartment has been updated nicely, featuring 2 bedrooms and a spacious family room. The building has a large basement that can be utilized by the landlord for storage, as well as updated mechanicals. over 9% cap rate, commercial tenant since 2023 and an updated apartment. Property being sold as-is, please contact listing agent for info on upstairs access.
Property Features
Property Type: Commercial -
Cooling: Central A/C, Wall Unit
Fuel Type: Electric, Natural Gas
Heating: Radiator
Lot Size: 0.05 Acres
Taxes: $5,466
Year Built: 1930
Feature Descriptions
Accessibility: 2+ Access Exits
Days on Site: 1
Exterior: Brick
Lot Dimensions: 0.05 Acre(S)
Municipality: NORRISTOWN BORO
Sewer: Public Sewer
Total Garage/Parking Spaces: 0
Units: 1
Water: Public
Local Schools
School District: NORRISTOWN AREA
Listed By / Shown By
Listed By
Agency Name: RE/MAX Signature
Agency Phone: 2153439950
Shown By
Agency Title: RealtyMark
Agency Phone: 888-260-0040
1501 Powell Street | MLS# PAMC2183974
This commercial property located at 1501 Powell Street , Norristown, PA 19401 is currently listed for sale with an asking price of $299,900. Powell Street is located within the NORRISTOWN AREA school district. Search Norristown real estate on www.realtymark.net today.