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PRICE $1,500,000 dsIDX morgage calculator
SIZE n/a
LOT SIZE 4,356 sqft

how does this sound: Mixed-use apartment building now available for sale in Norristown. This 5,685-square-foot property features five licensed residential rental units in addition to first-floor a convenience store and a commercial space occupied by El Gordo Bros. The restaurant is a well-established local business serving authentic Mexican food as well as American Food. El Gordo Bros. took over the restaurant formally known as Alfredo's, which was at this location for 50 years. The restaurant and convenience store occupies the entire first floor. The second floor includes three residential units: a two-bedroom apartment with a private outdoor deck and separately metered utilities, including heat and hot water, along with two efficiency units with separate electric meters. The third floor offers two additional licensed boarding-room units, all in good condition. All residential units and the restaurant are properly licensed. The building will meet all Municipality of Norristown requirements, including the latest fire-egress safety standards. Ideally situated at the western end of Norristown, just below the West Norriton Township line, this property offers a strong investment opportunity in a growing commercial corridor. Nearby national retailers and franchises include Chase Bank, Dunkin', McDonald's, Domino's, Royal Farms, Aaron's, and more. Note: The Restaurant is owned by the Seller and there is a Lease in place. The current Restaurant Tenant is willing to remain in place after the sale. The Owner of the Restaurant will entertain any Buyers who are interested in purchasing the restaurant as well. The the purchase price includes the restaurant and convenience, store, businesses, and all equipment that isn't leased take advantage of this amazing opportunity with multiple sources of income in one of the areas fastest growing towns!

DAYS ON MARKET 0 LAST UPDATED 7/24/2026
TRACT NORRISTOWN YEAR BUILT 1910
COMMUNITY Norristown Boro (10613) COUNTY MONTGOMERY
STATUS Active PROPERTY TYPE(S) Commercial

SCHOOLS
School District NORRISTOWN AREA
High School NORRISTOWN


ADDITIONAL DETAILS
AIR Ductless, Electric, Other
AIR CONDITIONING Yes
APPLIANCES Gas Water Heater
AREA Norristown Boro (10613)
CONSTRUCTION Asphalt, Brick, Concrete
HEAT Hot Water, Natural Gas
LOT 4356 sq ft
LOT DESCRIPTION Corner Lot
LOT DIMENSIONS 40.00 x 0.00
PARKING Driveway
SEWER Public Sewer
STORIES 3
SUBDIVISION NORRISTOWN
TAXES 11650
WATER Public
ZONING Retail, Office Multi-unit Apartments
MORTGAGE CALCULATOR
   

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