Prime Investment Opportunity in the Heart of Montgomery County! Don’t miss your chance to own this well-equipped building, ready to generate steady cash flow. Featuring a vibrant restaurant and bar on the first floor with a full kitchen and ample seating, this property is perfect for any hospitality business. Upstairs, enjoy a private lounge with its own full-sized bar, offering an ideal space for events and entertainment. The expansive parking lot provides plenty of room for customers, ensuring a hassle-free experience for all. Located next to the former State Hospital, now being transformed into 700+ new homes, and just moments from the newly upgraded Elmwood Park Zoo, this property is in the heart of exciting development. With the former Roosevelt Field soon becoming a new vision for the community, the area is poised for even more growth and foot trafficmaking this an exceptional opportunity for investors. Seize this chance to be part of an evolving community and watch your business thrive in one of the most promising locations in Montgomery County!
MLS# | PAMC2131874 |
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Listing Type | For Sale |
Sub-Type | Resale |
Status | Pending-bright |
Year | 1920 |
Days On Site | 48 |
Listing Provided By | Realty One Group Restore - Collegeville | Marcus Howell |
Units | 1 |
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Zoning | LI |
Acreage | 0.69 |
Water Front | Yes |
State | PA |
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County | MONTGOMERY PA |
City | NORRISTOWN |
Zip Code | 19401 |
Area | Norristown Boro (10613) |
School District | NORRISTOWN AREA |
Listing VS Median (in 19401) | |
Price: $500,000 low | high Med: $299,999 On site: 48 low | high Med: 33.000000 |