$400,000

414 E MAIN STREET, Norristown, PA 19401

  • Property Icon Commercial Property
  • Property Year Built Icon Built in 1900
  • Property Lot Size Icon3,049sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 2 months ago

Property Description

Don’t miss the chance to own one of Norristown's most sought-after locations 414 E. Main St. only 2 blocks from Montgomery County's $415,000,000 Justice Center that is still currently under construction slated for an end of 2026 completion! 414 E. Main St. which has been the home of Lou's Steak Shop for the last 83 years, where generation's of the Alba family have served the most delicious Cheese Steaks and Italian Zep's to the public. Situated on the bustling E. Main Street in Norristown, Pa. directly across from the historic Holy Savior Parish, this property offers unmatched visibility. Property Highlights: The restaurant holds 44 occupants, has 21 off street parking spaces, a rear hidden kitchen area, large basement storage area, 2 1 bedroom 2nd floor residential apartments that are collecting $1,450.00 per month, both Leases are month to month. There are 3 additional parcels included with the sale of 414 E. Main St. 441 E., 443 E. Main St., 441 E. Lafayette St., 443 E. Lafayette St. (all parking areas). Norristown is on the move with property values on the rise. Never has so much development been present in Norristown since it's last growth spurt which dates back to 1853! Combined with the above-mentioned Justice Center there are multiple new residential Construction projects as well, currently under construction with hundreds of new homes on the way. Be a part of Norristown's growth while you still can! Contact us today to schedule a showing and explore the potential this property holds for you! PLEASE NOTE LOU'S STEAK SHOP AND ALL IT'S EQUIPMENT AND FURNITURE ARE NOT INCLUDED WITH THE SALE PRICE AND IS BEING SOLD SEPERATELY. THE PROPERTY IS ONLY AVAILABLE WITH A SUCCESSFUL PURCHASE OF THE LOU'S STEAK SHOP BUSINESS. AGENT WILL DIRECT ANY PROSPECTIVE BUYER TO THE BUSINESS OWNERS' REPRESENTATIVE.

Listing Status:
Active
Date Added:
March 18, 2025 at 05:00AM
Listing Office:
Coldwell Banker Realty : 2156412727
Listing Agent:
Michael J Marchese : 6104764651
MLS ID:
PAMC2132712
  • Flooring: Tile/BrickSolid HardwoodLaminated
  • A/C: Central A/C
  • Heating: YForced AirNatural Gas
  • Disability Feature: Level Entry - Main

This listing courtesy of Michael J Marchese, Coldwell Banker 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

0.58 miles away

E

Eisenhower Science and Technology Leadership Academy

1601 Markley St, Norristown, PA, 19401

Grades 5-8

1.32 miles away

R

Roosevelt Altern School

1161 Markley St, Norristown, PA, 19401

Grades 9-12

0.94 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.

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