414 E MAIN ST Active Save Request In-Person Tour Request Virtual Tour
Norristown,PA 19401
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 4,704 sqft
Price per Sqft $85
MLS Listing ID PAMC2132712
Originating Board BRIGHT
Year Built 1900
Annual Tax Amount $4,848
Tax Year 2024
Lot Size 2,958 Sqft
Acres 0.07
Lot Dimensions 22.00 x 0.00
Property Sub-Type Mixed Use
Property Description
Don't miss the chance to own one of Norristown's most sought-after locations 414 E. Main St. only 2 blocks from Montgomery County's $415,000,000 Justice Center that is still currently under construction slated for an end of 2026 completion! 414 E. Main St. which has been the home of Lou's Steak Shop for the last 83 years, where generation's of the Alba family have served the most delicious Cheese Steaks and Italian Zep's to the public. Situated on the bustling E. Main Street in Norristown, Pa. directly across from the historic Holy Savior Parish, this property offers unmatched visibility.
Property Highlights: The restaurant holds 44 occupants, has 21 off street parking spaces, a rear hidden kitchen area, large basement storage area, 2 1 bedroom 2nd floor residential apartments that are collecting $1,450.00 per month, both Leases are month to month. There are 3 additional parcels included with the sale of 414 E. Main St. 441 E., 443 E. Main St., 441 E. Lafayette St., 443 E. Lafayette St. (all parking areas). Norristown is on the move with property values on the rise. Never has so much development been present in Norristown since it's last growth spurt which dates back to 1853! Combined with the above-mentioned Justice Center there are multiple new residential Construction projects as well, currently under construction with hundreds of new homes on the way. Be a part of Norristown's growth while you still can!
Contact us today to schedule a showing and explore the potential this property holds for you!
PLEASE NOTE LOU'S STEAK SHOP AND ALL IT'S EQUIPMENT AND FURNITURE ARE NOT INCLUDED WITH THE SALE PRICE AND IS BEING SOLD SEPERATELY. THE PROPERTY IS ONLY AVAILABLE WITH A SUCCESSFUL PURCHASE OF THE LOU'S STEAK SHOP BUSINESS. AGENT WILL DIRECT ANY PROSPECTIVE BUYER TO THE BUSINESS OWNERS' REPRESENTATIVE.
Location
State PA
County Montgomery
Area Norristown Boro (10613)
Zoning TOWN CENTER II ZONING
Interior
Hot Water Natural Gas
Heating Forced Air
Cooling Central A/C
Flooring Tile/Brick,Solid Hardwood,Laminated
Heat Source Natural Gas
Exterior
Garage Spaces 21.0
Water Access N
Roof Type Asphalt
Street Surface Paved
Accessibility Level Entry - Main
Road Frontage Boro/Township
Total Parking Spaces 21
Garage N
Building
Foundation Stone
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Norristown Area
Others
Tax ID 13-00-21484-004
Ownership Fee Simple
SqFt Source Assessor
Security Features Electric Alarm
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional
Financing Cash,Conventional
Special Listing Condition Standard