2490 BOULEVARD OF THE GENERALS Active Save Request In-Person Tour Request Virtual Tour
Norristown,PA 19403
Key Details
Property Type Commercial
Sub Type Office
Listing Status Active
Purchase Type For Sale
MLS Listing ID PAMC2148362
Year Built 1981
Annual Tax Amount $65,816
Tax Year 2024
Lot Size 2.490 Acres
Acres 2.49
Lot Dimensions 390.00 x 0.00
Property Sub-Type Office
Source BRIGHT
Property Description
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
Location
State PA
County Montgomery
Area West Norriton Twp (10663)
Zoning LC&I
Interior
Hot Water Electric
Heating Heat Pump(s)
Cooling Central A/C
Heat Source Electric
Exterior
Garage Spaces 84.0
Water Access N
Accessibility Elevator
Total Parking Spaces 84
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Norristown Area
Others
Tax ID 63-00-00462-555
Ownership Fee Simple
SqFt Source Assessor
Special Listing Condition Standard