219 E Main St Norristown, PA 19401
Estimated payment $6,764/month
About This Home
Mixed use building locates in the prosperous Norristown down area For Sale. 1/F is a commercial space currently runs as a tavern with "R " liquor license. "R" licensed establishments may sell Beer, Wine & Spirits for on-premises consumption & Beer , Sunday sale permitted, the fair value for the R" liquor license in Montgomery county is around $400,000 which includes in this sale. There is also a kitchen can serve hot food. Customers can enjoy the beer while have delicious dinner the same time. There are another passive income from the slot machines. They also have cigarette license to allow you sell the cigarette to the customers. Business are great and always busy. It is easy to operate and the seller can train the new owners. There are 3 bedroom apartment on the 2/F with separate entrance and fire exist stairs. There are total 4 source of incomes, the bar & food, the slot machine , the cigarette sale and the rental incomes. The owner runs the bar and food business for a long time, decides to retire. There is a comparable on 672-674 E Marshall St recently sold for $1.3 millions. It is a very rare opportunity to own a commercial property in downtown Norristown. Possess the R" liquor license- very few for sale in Montgomery county, Also have well built profitable business.
Listing Agent
(215) 820-1621 mcmaxrealtor@gmail.com Home Max Realty License #RM424964 Listed on: 05/19/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,120
Year Built
- Built in 1900
Lot Details
- 1,539 Sq Ft Lot
- Lot Dimensions are 18.00 x 0.00
Parking
- Off-Site Parking
Home Design
- Duplex
- Straight Thru Architecture
- Brick Exterior Construction
- Permanent Foundation
Additional Features
- Doors are 32 inches wide or more
- Natural Gas Water Heater
Community Details
- 2 Units
Listing and Financial Details
- Tax Lot 013
- Assessor Parcel Number 13-00-21928-001
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $5,167 | $84,170 | $24,320 | $59,850 |
| 2024 | $5,167 | $84,170 | $24,320 | $59,850 |
| 2023 | $5,121 | $84,170 | $24,320 | $59,850 |
| 2022 | $5,010 | $84,170 | $24,320 | $59,850 |
| 2021 | $4,985 | $84,170 | $24,320 | $59,850 |
| 2020 | $4,756 | $84,170 | $24,320 | $59,850 |
| 2019 | $4,669 | $84,170 | $24,320 | $59,850 |
| 2018 | $3,107 | $84,170 | $24,320 | $59,850 |
| 2017 | $4,287 | $84,170 | $24,320 | $59,850 |
| 2016 | $4,255 | $84,170 | $24,320 | $59,850 |
| 2015 | $4,076 | $84,170 | $24,320 | $59,850 |
| 2014 | $4,076 | $84,170 | $24,320 | $59,850 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/19/2025 05/19/25 | For Sale | $1,200,000 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | None Available | |
| Deed | $100,000 | None Available | |
| Deed | -- | None Available | |
| Interfamily Deed Transfer | $40,000 | -- | |
| Interfamily Deed Transfer | -- | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $130,000 | Commercial |
Source: Bright MLS
MLS Number: PAMC2141010
APN: 13-00-21928-001
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