1501 POWELL ST new to site 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
MLS Listing ID PAMC2134934
Originating Board BRIGHT
Year Built 1930
Available Date 2025-04-09
Annual Tax Amount $5,466
Tax Year 2024
Lot Size 2,160 Sqft
Acres 0.05
Lot Dimensions 18.00 x 0.00
Property Sub-Type Mixed Use
Property Description
1501 Powell Street is a well-located corner property offering strong visibility and income potential. This mixed-use building is a great fit for investors looking for stable cash flow in a growing market. The first floor features a fully operational grocery store, currently leased through 2028, providing reliable rental income. With a separate entrance, the second floor offers a functional 2-bedroom apartment. Just installed several new windows. The unit just signed 2 years lease until 4/30/2027. Total rental income is $2650. Separate utilities and entrances. The property will be sold AS IS . Schedule your appointment today
Location
State PA
County Montgomery
Area Norristown Boro (10613)
Zoning R1A
Interior
Hot Water Electric,Natural Gas
Heating Radiator
Cooling Central A/C,Wall Unit
Heat Source Electric,Natural Gas
Exterior
Water Access N
Accessibility 2+ Access Exits
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Norristown Area
Others
Tax ID 13-00-31640-009
Ownership Fee Simple
SqFt Source Assessor
Special Listing Condition Standard