Sold 6/30/2016

Attention Investors?!!! Offered at an 11% Cap Rate. 31,000 sf industrial building on 1.21 Acres in downtown Norristown. 123 ft frontage on high visible, high traffic (28,000 ADT) Markley St. Building has 2 levels, each with street grade access. Signage on Markley street. 5 commercial units consisting of furniture store, two auto repair shops, Used Car Sales and Mexican restaurant. Separate utilities for all tenants. Owner requests verified BFI or Proof of Funds before scheduling showings. Serious prospects only.

Property Details
  • Norristown
    school district
  • $10,170.00
  • 1936
  • 6145169
School district: Norristown
On street parking
Lot acreage is: 0.59
Lot dimension is: 67
Lot on state road
Lot zoned: LI
Public sewer
Public water
Property style: 1
Tax year: 2016
Courtesy of:
Coldwell Banker Preferred-Blue Bell

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Get more info or schedule a showing:
Address Distance Sale date Sale price
636 MARKLEY ST 0 mi. 6/30/2016 $700,000
1200 MARKLEY ST 0.38 mi. 7/29/2016 $735,000
5209 MILITIA HILL RD 4.69 mi. 1/23/2018 $775,000
840 PENLLYN BLUE BELL PIKE 4.84 mi. 6/16/2017 $700,000
450 GERMANTOWN PIKE 4.95 mi. 10/11/2016 $557,000
348 RAILROAD AVE 6.6 mi. 6/28/2016 $750,000
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{"markerType": "Sold", "lat": "40.11957", "lng": "-75.34515", "Address": "636 MARKLEY ST", "City": "NORRISTOWN", "StateProv": "PA", "ZipCode": "19401"}
{"markerType": "Sold", "lat": "40.12405", "lng": "-75.34108", "Address": "1200 MARKLEY ST", "City": "NORRISTOWN", "StateProv": "PA", "ZipCode": "19401"}
{"markerType": "Sold", "lat": "40.11762", "lng": "-75.25639", "Address": "5209 MILITIA HILL RD", "City": "PLYMOUTH MEETING", "StateProv": "PA", "ZipCode": "19462"}
{"markerType": "Sold", "lat": "40.15371", "lng": "-75.26508", "Address": "840 PENLLYN BLUE BELL PIKE", "City": "BLUE BELL", "StateProv": "PA", "ZipCode": "19422"}
{"markerType": "Sold", "lat": "40.09089", "lng": "-75.25925", "Address": "450 GERMANTOWN PIKE", "City": "LAFAYETTE HILL", "StateProv": "PA", "ZipCode": "19444"}
{"markerType": "Sold", "lat": "40.159", "lng": "-75.23129", "Address": "348 RAILROAD AVE", "City": "Ambler", "StateProv": "PA", "ZipCode": "19002"}
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636 MARKLEY ST, NORRISTOWN, PA 19401 commercial was sold for $700,000.
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Data last updated: 5/23/2018.