Property
Norristown, PA 19403 2490 Boulevard Of The Generals
$3,200,000
5 more
Presented By: Gola Corporate Real Estate, Inc
SQFT • 20,754
SQFT • 20,754Home Details
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
Presented By: Gola Corporate Real Estate, Inc
Interior Features for 2490 Boulevard Of The Generals
Other Interior Features
Central Air Y/NYes
Heating FuelElectric
Heating Y/NYes
Hot WaterElectric
Number of Elevators1
Total Stories2
General for 2490 Boulevard Of The Generals
AccessibilityElevator
Business TypeOther
Cap Rate8.41
CityNORRISTOWN
Construction MaterialsOther
Cool FuelElectric
CoolingCentral A/C
CountyMONTGOMERY
DirectionsMaps
DisclosuresAgent Related to Owner, Agent has Financial Interest
Gross Income468819.00
HeatingHeat Pump(s)
Lot Size Square Feet108464.00
Lot Size UnitsSquare Feet
MLS AreaWest Norriton Twp (10663)
MunicipalityWEST NORRITON TWP
Net Operating Income269224.00
New ConstructionNo
Number Of Units Total5
Operating Expense199595.00
OwnershipFee Simple
PossessionOther
Price Per Sq Ft Total AG154.19
Property ConditionExcellent
Property SubtypeOffice
Property TypeCommercial Sale
SewerPublic Sewer
Standard StatusActive
StatusACTIVE
Tax Annual Amount65816.0
Tax Assessed Value1334460.0
Tax Lot070
Tax Year2024
Vacation Rental Y/NNo
Water Access Y/NNo
Year Built1981
Year Built SourceAssessor
ZoningLC&I
Exterior for 2490 Boulevard Of The Generals
Building Area Total20754.00
Car Parking Spaces84
Land Assessed Value0.00
Land Use Code4325
Lot Dimensions390.00 x 0.00
Lot Size Acres2.49
Lot Size SourceAssessor
LotDimensionsSourceAssessor
Navigable Water Y/NNo
Total Loading Docks0
Total Parking Spaces84
Type of ParkingParking Lot
Water Oriented Y/NNo
Water SourcePublic
Water View Y/NNo
Waterfront Y/NNo
Additional Details
Price History
Jenniffer Bravo Llerena
Associate