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Norristown,PA 19401
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 2,718 sqft
Price per Sqft $441
MLS Listing ID PAMC2140878
Year Built 1900
Annual Tax Amount $5,310
Tax Year 2025
Lot Size 1,539 Sqft
Acres 0.04
Lot Dimensions 18.00 x 0.00
Property Sub-Type Mixed Use
Source BRIGHT
Property Description
Restaurant & bar business and 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.
Location
State PA
County Montgomery
Area Norristown Boro (10613)
Zoning COMMERCIAL
Interior
Hot Water Natural Gas
Heating None
Cooling None
Inclusions Building , R liquor license, cigarette license ,Bar & restaurant and slot machines business.
Heat Source Natural Gas
Exterior
Utilities Available Natural Gas Available
Water Access N
Accessibility 32\"+ wide Doors
Garage N
Building
Foundation Permanent
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Norristown Area
Others
Tax ID 13-00-21928-001
Ownership Fee Simple
SqFt Source Estimated
Special Listing Condition Standard