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About This Home
This 0-bedroom, 0-bathroom other at 414 E MAIN Street in NORRISTOWN, PA is listed for $400,000. Built in 1900, on a 0.07 acres lot.
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.
Key Features
- Built in 1900
- 0.07 acre lot
- 21 parking spaces
Property Details
Amenities
Monthly Cost Estimate
$2,139/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
414 E MAIN Street
NORRISTOWN, PA 19401
Property Details
Construction
Parking
Heating
Cooling
Questions & Answers
This 0-bedroom, 0-bathroom other at 414 E MAIN Street is listed at $400,000. The estimated monthly payment is $1,733 based on 20% down at 6.5% interest.
Key features include: Built in 1900, 0.07 acre lot, 21 parking spaces.
This property is listed by Michael J Marchese and can be reached at 6104764651 or mmarchese@cbrealty.com.
