2864 Ridge Pike - Restaurant FOR SALE


Norristown, PA 19403
$750,000 USD
561-945-2346
2864 Ridge Pike, Norristown, PA for Sale
$750,000 USD
Restaurant - FOR SALE
1/1
null | 10% Cap Rate

2864 Ridge Pike
Norristown, PA 19403


OVERVIEW

• Mixed-Use Investment - Restaurant + 2 Residential Units • Strong In-Place Income with Upside Through Rent Increases • High-Visibility Corner Location on E Trooper Rd (Route 363) • Ample On-Site Parking - Rare for Corridor Retail • Dense Montgomery County Demographics with Strong Traffic Counts • Stabilized Asset with Established Commercial Tenant • Value-Add Potential via Lease Restructuring & Expense Optimization • Easy Access to Route 202, I-76 & PA

FOR SALE DETAILS

PRICE

$750,000 USD

PRICE/SF

$188 USD /SF

CAP RATE

10%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1994

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.57 AC

LAND SF

25,003 SF

ZONING

GC

APN/PARCEL ID

43-00-11545-004

ASK ABOUT THIS PROPERTY

Christopher ArmasCapital Commercial Real Estate GroupMore Info
561-945-2346

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Christopher ArmasCapital Commercial Real Estate GroupMore Info
561-945-2346

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.