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1973 - 1983 W Main St. Multi-Tenant Mixed Use 1975 W Main St 14,513 SF 100% Leased Retail Building Norristown, PA 19403 For Sale
Investment Highlights
- Properties consist of 7 residential units, ground floor storefront commercial spaces, and a 4 bay garage.
Executive Summary
Great mixed-Use property with long term tenants. 1973 through 1983 West Main St, located in the West Norriton area of greater Norristown presents an exceptional investment opportunity to acquire an asset on a strategic corner neighborhood location, with a diverse revenue stream. The mixed-use building is comprised of 5 commercial spaces on the ground floor, 7 residential units on the upper floors. and a 4 bay garage. The property boasts modern amenities, attractive architectural features, and efficient floor layouts. Its prime location offers high visibility, foot traffic, and accessibility, making it an ideal destination for both commercial and residential tenants. Norristown is the county seat of Montgomery County, located about 20 miles northwest of Philadelphia along the Schuylkill River. Norristown is a diverse, urban-style borough with a mix of historic architecture, government offices,working-class neighborhoods, and ongoing redevelopment and also serves as a major governmental and legal center for Montgomery County.
Data Room Click Here to Access
Financial Summary (Actual - 2025) |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$299,384
|
$59.88
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$299,384
|
$59.88
|
| Taxes |
$34,919
|
$6.98
|
| Operating Expenses |
$79,971
|
$15.99
|
| Total Expenses |
$114,890
|
$22.98
|
| Net Operating Income |
$184,494
|
$36.90
|
Financial Summary (Actual - 2025)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $299,384 |
| Annual Per SF | $59.88 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $299,384 |
| Annual Per SF | $59.88 |
| Taxes (CAD) | |
|---|---|
| Annual | $34,919 |
| Annual Per SF | $6.98 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $79,971 |
| Annual Per SF | $15.99 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $114,890 |
| Annual Per SF | $22.98 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $184,494 |
| Annual Per SF | $36.90 |
Property Facts
Sale Type
Investment or Owner User
Sale Condition
Bulk/Portfolio Sale
Property Type
Retail
Property Subtype
Building Size
14,513 SF
Building Class
C
Year Built/Renovated
1850/2012
NOI
$184,494 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.31
Lot Size
1.07 AC
Zoning
CD - Main Street Commercial District, See PDF for full Permitted uses: Retail store, office, studio, personal service shop, craftsman shop, bakery, laundry
Parking
6 Spaces (0.41 Spaces per 1,000 SF Leased)
Frontage
165’ on W Main St
Amenities
- Tenant Controlled HVAC
- Storage Space
Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Numbers | Total Assessment | $651,405 CAD (2026) | |
| Land Assessment | $0 CAD (2026) | Annual Taxes | $34,919 CAD ($2.41 CAD/SF) |
| Improvements Assessment | $0 CAD (2026) | Tax Year | 2025 |
Property Taxes
Parcel Numbers
Land Assessment
$0 CAD (2026)
Improvements Assessment
$0 CAD (2026)
Total Assessment
$651,405 CAD (2026)
Annual Taxes
$34,919 CAD ($2.41 CAD/SF)
Tax Year
2025
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1973 - 1983 W Main St. Multi-Tenant Mixed Use | 1975 W Main St
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