Investments Sales Management

2490 BOULEVARD OF THE GENERALS

NORRISTOWN , PA 19403

MLS#: PAMC2148362

$3,200,000

Status: Active
Listing number: PAMC2148362
Listing provided by: Gola Corporate Real Estate, Inc
Listing agent phone: None
Last update: 4 days ago
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Property

Beds

None

Full Baths

None

1/2 Baths

None

Year Built

1981

Sq.Footage

N/A

DO NOT REACH OUT TO MARK GOLA. Reach out to Brian Gola at 484-881-1783 or bgola@gola.com Gola Real Estate Investment Services is pleased to present an exceptional opportunity to purchase 2490 Boulevard of the Generals, Norristown, PA. The 2-story office building is 100% occupied by 5 tenants totaling 20,754 Square Feet. Option for User Buyers. There is an option where the Sellers are able to deliver a 7,951 SF space vacant if the Buyer wants to occupy the building themselves. The building has a historically strong occupancy with 3 of the 5 tenants being here 15+ years. Located in the Limited Commercial & Industrial District allows for a diverse range of uses such as traditional office, medical office, or light industrial uses. Total Gross income of $468,819 with 2024 Operating Expenses of $199,595. Net Operating Income of $269,224 which is an 8.41% cap rate at Ask Price

Features & Amenities

Interior

  • Total Bedrooms

    N/A

  • Bathrooms

    N/A

  • Cooling YN

    YES

  • Cooling

    Central Air, Electric

  • Heating YN

    YES

  • Heating

    Electric, Heat Pump

Exterior

  • Garage

    No

  • Construction Materials

    Other

  • Parking

    Parking Lot

  • Pool

    No

  • Waterfront YN

    NO

Area & Lot

  • Lot Size(acres)

    2.49

  • Property Type

    Commercial Sale

  • Property Sub Type

    Office

Price

  • Sales Price

    $3,200,000

  • Tax Amount

    65816.0

  • Zoning

    Limited Commercial & Industrial District.

  • Sq. Footage

    N/A

  • Price/SqFt

    N/A

HOA

  • Association

    No

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • Stories

    2

  • Accessibility Features

    Accessible Elevator Installed

  • Sewer

    Public Sewer

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Location

County

MONTGOMERY

Elementary School

Middle School

High School

Listing Courtesy of Mark Gerard Gola , Gola Corporate Real Estate, Inc

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Agent TheresaKehler

Owner, President, Investment Property Advisor

TheresaKehler

Call Theresa today to schedule a private showing.

(215) 605-9647

theresa@tntrealestatesolutions.com


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DO NOT REACH OUT TO MARK GOLA. Reach out to Brian Gola at 484-881-1783 or bgola@gola.com Gola Real Estate Investment Services is pleased to present an exceptional opportunity to purchase 2490 Boulevard of the Generals, Norristown, PA. The 2-story office building is 100% occupied by 5 tenants totaling 20,754 Square Feet. Option for User Buyers. There is an option where the Sellers are able to deliver a 7,951 SF space vacant if the Buyer wants to occupy the building themselves. The building has a historically strong occupancy with 3 of the 5 tenants being here 15+ years. Located in the Limited Commercial & Industrial District allows for a diverse range of uses such as traditional office, medical office, or light industrial uses. Total Gross income of $468,819 with 2024 Operating Expenses of $199,595. Net Operating Income of $269,224 which is an 8.41% cap rate at Ask Price

2490 BOULEVARD OF THE GENERALS

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