Property

Norristown, PA 19401 414 E Main Street

414 E Main Street Norristown, PA - Image 1414 E Main Street Norristown, PA - Image 2414 E Main Street Norristown, PA - Image 3
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Presented By: Coldwell Banker Realty
  • MLS# PAMC2132712
  • 03/18/2025
  • Request Tour
  • Request Info
  • SQFT • 4,704

Home Details

Dont miss the chance to own one of Norristown's most sought-after locations 414 E. Main St. only 2 blocks from Montgomery County's $415,000,000 Justice Center that is still currently under construction slated for an end of 2026 completion! 414 E. Main St. which has been the home of Lou's Steak Shop for the last 83 years, where generation's of the Alba family have served the most delicious Cheese Steaks and Italian Zep's to the public. Situated on the bustling E. Main Street in Norristown, Pa. directly across from the historic Holy Savior Parish, this property offers unmatched visibility. Property Highlights: The restaurant holds 44 occupants, has 21 off street parking spaces, a rear hidden kitchen area, large basement storage area, 2 1 bedroom 2nd floor residential apartments that are collecting $1,450.00 per month, both Leases are month to month. There are 3 additional parcels included with the sale of 414 E. Main St. 441 E., 443 E. Main St., 441 E. Lafayette St., 443 E. Lafayette St. (all parking areas). Norristown is on the move with property values on the rise. Never has so much development been present in Norristown since it's last growth spurt which dates back to 1853! Combined with the above-mentioned Justice Center there are multiple new residential Construction projects as well, currently under construction with hundreds of new homes on the way. Be a part of Norristown's growth while you still can! Contact us today to schedule a showing and explore the potential this property holds for you! PLEASE NOTE LOU'S STEAK SHOP AND ALL IT'S EQUIPMENT AND FURNITURE ARE NOT INCLUDED WITH THE SALE PRICE AND IS BEING SOLD SEPERATELY. THE PROPERTY IS ONLY AVAILABLE WITH A SUCCESSFUL PURCHASE OF THE LOU'S STEAK SHOP BUSINESS. AGENT WILL DIRECT ANY PROSPECTIVE BUYER TO THE BUSINESS OWNERS' REPRESENTATIVE.
Presented By: Coldwell Banker Realty

Interior Features for 414 E Main Street

Bathrooms

Total Restrooms2

Other Interior Features

Central Air Y/NYes
FlooringTile/Brick, Solid Hardwood, Laminated
Heating FuelNatural Gas
Heating Y/NYes
Hot WaterNatural Gas
Number of Elevators
Total Stories2

Other Rooms

Entry Level1

General for 414 E Main Street

Acceptable FinancingCash, Conventional
AccessibilityLevel Entry - Main
Business TypeRestaurant/Bar
CityNORRISTOWN
Construction MaterialsBrick, Block
Cool FuelElectric
CoolingCentral A/C
CountyMONTGOMERY
DirectionsWest on Main St. Building is on the left.
Electric200+ Amp Service
HeatingForced Air
Location TypeDowntown
Lot Size Square Feet2958.00
Lot Size UnitsSquare Feet
MLS AreaNorristown Boro (10613)
ModificationTimestamp2025-03-19T17:51:21
MunicipalityNORRISTOWN BORO
New ConstructionNo
Number Of Units Total2
OwnershipFee Simple
Possession0-30 Days CD
Possible UseApartments, Food Market, Funeral Home, Mixed Use, Office, Parking, Restaurant, Retail
Price Per Sq Ft Total AG85.03
Property ConditionAverage
Property SubtypeMixed Use
Property TypeCommercial Sale
Property UseOwner User
RoofAsphalt
Security FeaturesElectric Alarm
SewerPublic Sewer
Standard StatusActive
StatusACTIVE
Tax Annual Amount4848.0
Tax Assessed Value76850.0
Tax Lot005
Tax Year2024
Vacation Rental Y/NNo
Water Access Y/NNo
Waterfront Y/NNo
Year Built1900
Year Built SourceAssessor
ZoningTOWN CENTER II ZONING

Exterior for 414 E Main Street

Building Area Total4704.00
Car Parking Spaces21
Fencing Y/NY
Foundation DetailsStone
Land Assessed Value0.00
Land Use Code4100
Lot Dimensions22.00 x 0.00
Lot Size Acres0.07
Lot Size SourceAssessor
LotDimensionsSourceAssessor
Navigable Water Y/NNo
Parking FeaturesLighted Parking, Paved Parking
Road ResponsibilityBoro/Township
Road Surface TypePaved
Total Loading Docks0
Total Parking Spaces21
Type of ParkingOn Street, Parking Lot
Water Oriented Y/NNo
Water SourcePublic
Water View Y/NNo

Additional Details

Price History

Ebonie Clerier

Associate
Price $400,000
MLS#PAMC2132712
List Date 03/18/2025
Property Type Commercial
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