Log In/Sign Up
Your email has been sent.
Premier Barber School 573 E Main St 6,400 SF 100% Leased Retail Building Norristown, PA 19401 $1,367,050 CAD ($213.60 CAD/SF) 8% Cap Rate
Investment Highlights
- Fully Leased corner property on main street
- fullyimproved interior and exterior
- Barber School is long term tenant
Executive Summary
This is a rare opportunity to acquire a turnkey retail Investment asset on a growing corridor. The property’s strong tenancy, strategic location, and updated condition make it ideal for investors seeking reliable cash flow and long-term upside. Adjacent 571 East Main is a vacant residential/office rental and could also be rented and is for sale at $185,000
Financial Summary (Actual - 2025) |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
-
|
-
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
-
|
-
|
| Net Operating Income |
$109,364
|
$17.09
|
Financial Summary (Actual - 2025)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $109,364 |
| Annual Per SF | $17.09 |
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
6,400 SF
Building Class
C
Year Built
1900
Price
$1,367,050 CAD
Price Per SF
$213.60 CAD
Cap Rate
8%
NOI
$109,364 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.13
Lot Size
0.13 AC
Opportunity Zone
Yes
Zoning
R2
Frontage
40’ on Main St
Amenities
- Signalized Intersection
Walk Score®
Very Walkable (71)
Nearby Major Retailers
Property Taxes
| Parcel Number | 13-00-22212-005 | Improvements Assessment | $149,104 CAD |
| Land Assessment | $31,469 CAD | Total Assessment | $180,574 CAD |
Property Taxes
Parcel Number
13-00-22212-005
Land Assessment
$31,469 CAD
Improvements Assessment
$149,104 CAD
Total Assessment
$180,574 CAD
1 of 5
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Presented by
Premier Barber School | 573 E Main St
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.