Norristown, PA 19401 1501 Powell Street
$325,000
12 more
Presented By: Canaan Realty Investment Group
SQFT • 1,836
Home Details
1501 Powell Street is a well-located corner property offering strong visibility and income potential. This mixed-use building is a great fit for investors looking for stable cash flow in a growing market. The first floor features a fully operational grocery store, currently leased through 2028, providing reliable rental income. With a separate entrance, the second floor offers a functional 2-bedroom apartment. Just installed several new windows. The unit just signed 2 years lease until 4/30/2027. Total rental income is $2650. Separate utilities and entrances. The property will be sold AS IS . Schedule your appointment today
Presented By: Canaan Realty Investment Group
Interior Features for 1501 Powell Street
Other Interior Features
Central Air Y/NYes
Heating FuelElectric, Natural Gas
Heating Y/NYes
Hot WaterElectric, Natural Gas
General for 1501 Powell Street
Accessibility2+ Access Exits
Business TypeSupermarket/Grocery Store
CityNORRISTOWN
Construction MaterialsBrick
Cool FuelElectric
CoolingCentral A/C, Wall Unit
CountyMONTGOMERY
DirectionsBetween W Freedley Street and Powell Street
HeatingRadiator
Lot Size Square Feet2160.00
Lot Size UnitsSquare Feet
MLS AreaNorristown Boro (10613)
ModificationTimestamp2025-05-16T12:08:27
MunicipalityNORRISTOWN BORO
New ConstructionNo
Number Of Units Total1
OwnershipFee Simple
Possession0-30 Days CD, 31-60 Days CD
Property SubtypeMixed Use
Property TypeCommercial Sale
SewerPublic Sewer
Standard StatusActive
StatusACTIVE
Tax Annual Amount5466.0
Tax Assessed Value86640.0
Tax Lot003
Tax Year2024
Vacation Rental Y/NNo
Water Access Y/NNo
Year Built1930
Year Built SourceAssessor
ZoningR1A
Exterior for 1501 Powell Street
Building Area Total0.00
Car Parking Spaces
Land Assessed Value0.00
Land Use Code4100
Lot Dimensions18.00 x 0.00
Lot Size Acres0.05
Lot Size SourceAssessor
LotDimensionsSourceAssessor
Navigable Water Y/NNo
Total Loading Docks0
Total Parking Spaces0
Type of ParkingOn Street
Water Oriented Y/NNo
Water SourcePublic
Water View Y/NNo
WaterfrontY/NNo
Additional Details
Price History
Aleksandar Tomic
Real Estate Professional