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$325,000
Est. payment /mo
2,160 Sqft Lot
UPDATED:
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
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Listed by yuan hong tang • Canaan Realty Investment Group