$700,000
( )
 $3,758 est/mo Sourced by Back At You

203 Dekalb St , NORRISTOWN, PA 19401

NORRISTOWN, PA 19401

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Description

UNIQUE INVESTMENT OPPORTUNITY POSITIONED IN THE PRIME DOWNTOWN NORRISTOWN REDEVELOPMENT CORRIDOR.STRATEGICALLY LOCATED ON DEKALB ST BETWEEN MAIN AND LAFAYETTE STREETS. THESE PROPERTIES ARE SITUATED ON A KEY PARCEL SLATED FOR FUTURE DEVELOPMENT. POTENTIAL TO EARN CURRENT HIGH GROSSING INVESTMENT RETURN.203 Dekalb is one commercial & 2 apartments. Projected rental $4200/mo. Taxes $3595Opportunity for commercial development and multi unit developments steps to the River. Property is next to 205 Dekalb also for sale great opportunity 205 Dekalb is one commercial and one apartment. Projected rental $2800/mo. Taxes $ 2688. Norristown is creating a Town Center. Central Business. District. 4100 Mix: Retail, Ofc, Apts - Multi-Use currently vacant. Blocks to the river, transportation center blocks to Elmwood Park and the Norristown Zoo. Norristown! If you haven't recently visited, you may not have seen all the improvements that have occurred. 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 our existing businesses are expanding! The Recreation Department provides programs for children and adults throughout the year. Our Thomas Barone Memorial Complex offers 3 fields, one with lights, for our youth baseball and softball programs. Latshaw Field is a host to Chestnut Hill University, Connie Mack Baseball CYO During the Baseball Season Norristown Diamonds Senior League Baseball (Ages 30 and Over)We also have an adult softball field at Sully Gelet field and Patti Simons Field. Elmwood Park offers: Bocce Ball Picnics Playground Areas Sunday Concerts Volleyball :RIVERFRONT REDEVELOPMENT.As property along the riverfront is readied for redevelopment blocks away, the path forward for a thriving riverfront. Schuylkill River Trail The trailhead at Norristown Transportation Center was developed for use by trail users through the cooperation of Municipality of Norristown, Montgomery County Parks and PA Heritage Parks, and SEPTA. Trail users may use these parking facilities at no cost after 5 p.m. on weekdays and all weekend. Visit the Schuylkill River Trail website to learn more. Elmwood Park Zoo is located in Norristown, Pennsylvania Listing Office

Details

MLS#PAMC2134990
Listing TypeFor Sale
Sub-TypeResale
StatusACTIVE-BRIGHT
Year1900
Days On Site20
Listing Provided ByRealty Mark Associates - KOP | George Korkus Jr

Features

Units2
ZoningCOMMERCIAL
Acreage0.03
Water FrontYes

Market Activity 19401

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Listings Checked: 1 minute ago
StatePA
CountyMONTGOMERY PA
CityNORRISTOWN
Zip Code19401
AreaNorristown Boro (10613)
School DistrictNORRISTOWN AREA
Listing VS Median (In 19401)
Price:
$700,000
low | high
Med:
$316,900
100% of Average
On site:
20
low | high
Med:
58.000000
34.48275862069% of Average
Sourced by Back At You
Listing Updated: April 16, 2025 at 10:37:39 AM PDT