1. Pennsylvania
  2. Norristown
  3. 219 E MAIN STREET
$1,200,000

219 E MAIN STREET, Norristown, PA 19401

  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1900
  • Property Lot Size Icon1,742sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 24 days ago

Property Description

Mixed use building locates in the prosperous Norristown down area For Sale. 1/F is a commercial space currently runs as a tavern with "R " liquor license. "R" licensed establishments may sell Beer, Wine & Spirits for on-premises consumption & Beer , Sunday sale permitted, the fair value for the R" liquor license in Montgomery county is around $400,000 which includes in this sale. There is also a kitchen can serve hot food. Customers can enjoy the beer while have delicious dinner the same time. There are another passive income from the slot machines. They also have cigarette license to allow you sell the cigarette to the customers. Business are great and always busy. It is easy to operate and the seller can train the new owners. There are 3 bedroom apartment on the 2/F with separate entrance and fire exist stairs. There are total 4 source of incomes, the bar & food, the slot machine , the cigarette sale and the rental incomes. The owner runs the bar and food business for a long time, decides to retire. There is a comparable on 672-674 E Marshall St recently sold for $1.3 millions. It is a very rare opportunity to own a commercial property in downtown Norristown. Possess the R" liquor license- very few for sale in Montgomery county, Also have well built profitable business.

Listing Status:
Active
Date Added:
May 19, 2025 at 05:00AM
Listing Office:
Home Max Realty : 2159047508
Listing Agent:
Jie Chen : 2158201621
MLS ID:
PAMC2141010
  • A/C: None
  • Heating: Natural Gas
  • Disability Feature: 32"+ wide Doors

This listing courtesy of Jie Chen, Home Max Realty

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

G

Gotwals Elementary School

1 E Oak St, Norristown, PA, 19401

Grades 1-4

0.41 miles away

E

Eisenhower Science and Technology Leadership Academy

1601 Markley St, Norristown, PA, 19401

Grades 5-8

1.21 miles away

R

Roosevelt Altern School

1161 Markley St, Norristown, PA, 19401

Grades 9-12

0.78 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.