2525 Main StNorristown, PA 19403

Property Details for 2525 Main St

Year built

1986

Lot size

0.47 AC

Property size (Sq ft)

13,556 SF

Zone code

C

Property type

Office buildings

APN

63-00-06949-00-8

APU

630006949008

Description

This exceptional 1,650 square foot office space is situated in a three-story building at 2525 Main Street, West Norriton, conveniently located near the intersection of Main Street and Trooper Road. Enjoy easy access to major roadways, including Routes 422 and 202, making commuting a breeze. The building features a private parking lot for added convenience. This traditional office space is part of a multi-tenant building with a total of five executive office suites. The property is currently offering one available suite, perfect for a small business or expanding company. Note that this building does not have an elevator; access to the second and third floors is via stairs only. The building lacks ADA accessibility features. A significant advantage is the Super Wawa located directly across the street, providing easy access to refreshments, groceries, and fuel. This prime location on heavily traveled Main Street ensures high visibility and accessibility for your business. The space is ideal for businesses seeking a well-located, functional office environment in a bustling commercial area. The available suite offers ample space for various office configurations.

• CAP approach

  CAP return

  Valuation

  6%

  $3,414,278

  6.5%

  $3,151,641

  7%

  $2,926,524

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,739,772

  Geo Method

  $1,771,227

• Alternative Use

  Use

  Valuation

  Residential

  $3,908,035

  Hospitality

  $3,579,739

  Educational

  $2,978,301

  Medical

  $3,080,729

  Retail

  $4,632,912

Location Insight

City

West Norriton

County

Montgomery

State

Pennsylvania

Latitude

40.1414

Longitude

-75.3881

CBSA code

37980

CBSA name

PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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