Great investment opportunity at 1501 Powell, a mixed use property with first floor commercial and second floor residential. The first floor is rented through 2028 and is currently a grocery market. The second floor apartment has been updated nicely, featuring 2 bedrooms and a spacious family room. The building has a large basement that can be utilized by the landlord for storage, as well as updated mechanicals. over 9% cap rate, commercial tenant since 2023 and an updated apartment. Property being sold as-is, please contact listing agent for info on upstairs access.
Listed By
Agency Name: RE/MAX Signature
Agency Phone: 2153439950
Shown By
Agent Name: Renee Slattery
Agent Phone: (267) 249-9106
Agency Title: Real Estate Excel, The Baringer Group, Ltd.
1501 Powell Street | MLS# PAMC2183974
This commercial property located at 1501 Powell Street , Norristown, PA 19401 is currently listed for sale with an asking price of $299,900. Powell Street is located within the NORRISTOWN AREA school district. Search Norristown real estate on rslattery.reexcelpros.com today.