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1132 W Main StreetNorristown, PA 19401Price: $1,475,000

  • Price: $1,475,000
  • 73 Days on Market
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Federal 30-year interest rate: 7.28% last updated on Oct 1, 2026
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1132 W Main Street Norristown PA 194011132 W Main Street Norristown PA 194011132 W Main Street Norristown PA 194011132 W Main Street Norristown PA 194011132 W Main Street Norristown PA 194011132 W Main Street Norristown PA 194011132 W Main Street Norristown PA 194011132 W Main Street Norristown PA 194011132 W Main Street Norristown PA 194011132 W Main Street Norristown PA 194011132 W Main Street Norristown PA 194011132 W Main Street Norristown PA 194011132 W Main Street Norristown PA 194011132 W Main Street Norristown PA 194011132 W Main Street Norristown PA 194011132 W Main Street Norristown PA 194011132 W Main Street Norristown PA 194011132 W Main Street Norristown PA 194011132 W Main Street Norristown PA 194011132 W Main Street Norristown PA 194011132 W Main Street Norristown PA 194011132 W Main Street Norristown PA 194011132 W Main Street Norristown PA 194011132 W Main Street Norristown PA 194011132 W Main Street Norristown PA 194011132 W Main Street Norristown PA 194011132 W Main Street Norristown PA 194011132 W Main Street Norristown PA 194011132 W Main Street Norristown PA 194011132 W Main Street Norristown PA 194011132 W Main Street Norristown PA 194011132 W Main Street Norristown PA 194011132 W Main Street Norristown PA 194011132 W Main Street Norristown PA 194011132 W Main Street Norristown PA 194011132 W Main Street Norristown PA 194011132 W Main Street Norristown PA 194011132 W Main Street Norristown PA 194011132 W Main Street Norristown PA 194011132 W Main Street Norristown PA 194011132 W Main Street Norristown PA 19401
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  • 0.1Acreage
  • 1910Year Built
  • 7Units
  • 2026Assessment Year
how does this sound: Mixed-use apartment building now available for sale in Norristown. This 5,685-square-foot property features five licensed residential rental units in addition to first-floor a convenience store and a commercial space occupied by El Gordo Bros. The restaurant is a well-established local business serving authentic Mexican food as well as American Food. El Gordo Bros. took over the restaurant formally known as Alfredo's, which was at this location for 50 years. The restaurant and convenience store occupies the entire first floor. The second floor includes three residential units: a two-bedroom apartment with a private outdoor deck and separately metered utilities, including heat and hot water, along with two efficiency units with separate electric meters. The third floor offers two additional licensed boarding-room units, all in good condition. All residential units and the restaurant are properly licensed. The building will meet all Municipality of Norristown requirements, including the latest fire-egress safety standards. Ideally situated at the western end of Norristown, just below the West Norriton Township line, this property offers a strong investment opportunity in a growing commercial corridor. Nearby national retailers and franchises include Chase Bank, Dunkin', McDonald's, Domino's, Royal Farms, Aaron's, and more. Note: The Restaurant is owned by the Seller and there is a Lease in place. The current Restaurant Tenant is willing to remain in place after the sale. The Owner of the Restaurant will entertain any Buyers who are interested in purchasing the restaurant as well. The the purchase price includes the restaurant and convenience, store, businesses, and all equipment that isn't leased take advantage of this amazing opportunity with multiple sources of income in one of the areas fastest growing towns!
Listed by Michael Marchese of Coldwell Banker Realty

Driving Directions

Railey Vacations
Railey Vacations
Office: 301-387-2124
5 Vacation Way
McHenry, MD 21541

More Info

Location Information

  • UsmAreaNorristown - Norristown Boro

Parking

  • Parking TypesDriveway

Basic Information

Location

  • Address1132 W Main Street
  • Building Number1132
  • CountyMontgomery
  • Cross StreetHamilton
  • DirectionsWest on Main St. located on left corner of Main & Hamilton St.'s
  • IncorporatedcitynameNorristown Boro
  • StatePA
  • SubdivisionNorristown
  • TownNorristown
  • Zip19401

Interior

  • FlooringVinyl

Utilities

  • CoolingOther, Ductless/Mini-Split
  • Cooling FuelElectric
  • Electric200+ Amp Service
  • Heat SystemHot Water
  • Heating FuelNatural Gas
  • Heating YNYes
  • SewerPublic Sewer
  • Water HeaterNatural Gas
  • Water SourcePublic

Basic Information

  • Broker NameColdwell Banker Realty
  • List Price$1,475,000
  • LocationTypeCorner Lot/Unit
  • MLS Area MajorNorristown Boro
  • MLS NumberPAMC2188764
  • MLS Property TypeCommercial Sale
  • Security FeaturesMain Entrance Lock, Electric Alarm
  • StatusACT
  • Units7

Building

  • Building Area SourceAssessor
  • Construction MaterialsAsphalt, Brick, Concrete, Copper Plumbing, Masonry, Mixed Plumbing
  • Entry Level1
  • FoundationStone
  • Stories3
  • Total Garage And Parking Spaces2
  • Total Restrooms1
  • Year Built1910

Exterior

  • RoofAsphalt, Rubber, Shingle

Other

  • Annual Gross Expense99999
  • Cap Rate8
  • Electric Expense4080
  • ExclusionsTenants' personal belongings
  • Gross Income151200
  • Insurance Expense7468
  • Operating Expense IncludesElectric, Heating/Cooling, Pest Control, Repair/Maintenance, Sewer, Trash, Water
  • View Count35

Tax Information

  • Assessment Year2026
  • City Town Tax$3,429
  • City Town Tax Payment FrequencyAnnually
  • County Tax$985
  • County Tax Payment FrequencyAnnually
  • School Tax$7,146
  • School Tax Payment FrequencyAnnually
  • Tax Assessment Amount$180,490
  • Tax Lot24
  • Tax Year2025
  • Taxes$11,650
  • Total Taxes Payment FrequencyAnnually

Property

  • Acreage0.1
  • Business TypeApartment Building, Restaurant/Bar, Other/General Retail
  • Lot Dimensions SourceAssessor
  • Lot Size Dimensions40.00 x 0.00
  • Lot Size SourceAssessor
  • Lot Size Square Feet4,400
  • New Construction YNN
  • Property ConditionVery Good
  • Property SubTypeMixed Use
  • Road ResponsibilityBoro/Township
  • Road Surface TypeBlack Top
  • ZoningCOMM. OFFIC, RETAL, APTS
  • Zoning DescriptionRetail, Office Multi-unit Apartments

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Copyright 2026 BRIGHT, All Rights Reserved.  Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Railey Vacations participates, and is provided by BRIGHT through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.Data last updated October 4, 2026. Some properties which appear for sale on this website may no longer be available because they are under contract, have Closed or are no longer being offered for sale.

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