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Request Info$1,200,000
ACTIVE
219 E MAIN STREET Overview
- Time on Site:
- 407 days
- Visits:
- 10
Mixed use building locates in the prosperous Norristown down area For Sale. 1/F is a commercial space currently runs as a tavern with R liquor license. R licensed establishments may sell Beer, Wine & Spirits for on-premises consumption & Beer , Sunday sale permitted, the fair value for the R liquor license in Montgomery county is around $400,000 which includes in this sale. There is also a kitchen can serve hot food. Customers can enjoy the beer while have delicious dinner the same time. There are another passive income from the slot machines. They also have cigarette license to allow you sell the cigarette to the customers. Business are great and always busy. It is easy to operate and the seller can train the new owners. There are 3 bedroom apartment on the 2/F with separate entrance and fire exist stairs. There are total 4 source of incomes, the bar & food, the slot machine , the cigarette sale and the rental incomes. The owner runs the bar and food business for a long time, decides to retire. There is a comparable on 672-674 E Marshall St recently sold for $1.3 millions. It is a very rare opportunity to own a commercial property in downtown Norristown. Possess the R liquor license- very few for sale in Montgomery county, Also have well built profitable business.
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219 E MAIN STREET Facts & Features
- Type Multi-Family
- Lot 0.04 Acres
Details
General
Listing Information
- Real Estate Owned: No
- Short Sale: No
Building Information
- New Construction: No
- Pool: No Pool
- Total SQFT: 0
- Year Built: 1900
Location/Region
- Country: US
- County: MONTGOMERY
- County Or Parish: MONTGOMERY
- MLS Area Major: Norristown Boro (10613)
Parking Information
- Type of Parking: Off Site
Tax Information
- City/Town Tax: 1430.00
- City/Town Tax Payment Frequency: Annually
- County Tax: 356.00
- County Tax Payment Frequency: Annually
- School Tax: 3299.00
- Tax Annual Amount: $5,120.00
- Tax Assessed Value: 84170.00
- Tax Year: 2023
General Information
- Inclusions: building , R liquor license, cigarette license Bar , restaurant and slot machines business.
- Property Sub Type: Duplex
- Property Type: Multi-Family
- School District Name: NORRISTOWN AREA
- Special Listing Conditions: Standard
- Vacation Rental: No
- Year Assessed: 2023
- Zoning: COMMERCIAL
Unit Information
- Other Units: Unit 2
Interior
Building Information
- Cooling Fuel: Electric
- Heating Fuel: Natural Gas
Parking Information
- Garage: No
Building Exterior/Construction
- Structure Type: Interior Row/Townhouse
Building Interior
- Above Grade Finished Area: 0
- Above Grade Finished Area Source: Estimated
- Above Grade Finished Area Units: Square Feet
- Below Grade Finished Area: 0
- Below Grade Finished Area Source: Estimated
- Below Grade Finished Area Units: Square Feet
- Central Air: No
- Hot Water: Natural Gas
General Information
- Accessibility Features: 32+ wide Doors
- Cooling: None
- Foundation Details: Permanent
- Heating: None
- Living Area: 0
- Living Area Source: Estimated
Unit Information
- One Bedroom Units Count: 0
- Single Room Units Count: 0
- Three Bedroom Units Count: 1
- Two Bedroom Units Count: 0
Exterior
Lot Information
- Lot Dimensions Source: Estimated
- Lot Size Dimensions: 18.00 x 0.00
- Lot Size Source: Estimated
- Lot Size Square Feet: 1539.00
- Lot Size Units: Square Feet
- Water Source: Public
Waterfront/View
- Water Oriented: No
- Water View: No
- Waterfront: No
Building Exterior/Construction
- Architectural Style: Straight Thru
- Construction Materials: Brick
General Information
- Number Of Units Total: 2
- Other Structures: Above Grade,Below Grade
- Sewer: Public Sewer
- Utilities: Natural Gas Available
- Water Access: No
Unit Information
Unit 1 Details
- Unit Type: Unit 2
219 E MAIN STREET Neighborhood
Community
19401 (NORRISTOWN) Demographics
35
Median Age
6,739
Population Density (per sq. mile)
35%
College Educated
$58,782
Estimated Median Income
7,334
Estimated Total Home Owners
8,948
Estimated Total Renters
45% / 55%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
219 E MAIN STREET Monthly Cost
219 E MAIN STREET Market Data
Based on the last 30 days in this zip code
$324,765
Average List Price
$193
Average Price per Square Foot
29
Properties Sold
76
Average Days on Market
107
Properties for Sale
219 E MAIN STREET History
| Date | Value | Agent |
|---|---|---|
| 5/19/2025Source: BRIGHT MLS | May 19, 2025 |
|
| 5/18/2025Source: BRIGHT MLS | May 18, 2025 |
Listing provided courtesy of Home Max Realty- MLS# PAMC2141010
Contact Information: 2159047508
Contact Information: 2159047508