About This Home

This 0-bedroom, 0-bathroom other at 1132 W MAIN Street in Norristown, PA is listed for $1,475,000. Built in 1910, on a 0.10 acres lot.

Key Features

  • Built in 1910
  • 0.10 acre lot
  • 2 parking spaces

Property Details

2 spaces
1910
Listing Description

how does this sound: Mixed-use apartment building now available for sale in Norristown. This 5,685-square-foot property features five licensed residential rental units in addition to first-floor a convenience store and a commercial space occupied by El Gordo Bros.

The restaurant is a well-established local business serving authentic Mexican food as well as American Food. El Gordo Bros. took over the restaurant formally known as Alfredo's, which was at this location for 50 years. The restaurant and convenience store occupies the entire first floor.

The second floor includes three residential units: a two-bedroom apartment with a private outdoor deck and separately metered utilities, including heat and hot water, along with two efficiency units with separate electric meters. The third floor offers two additional licensed boarding-room units, all in good condition.

All residential units and the restaurant are properly licensed. The building will meet all Municipality of Norristown requirements, including the latest fire-egress safety standards. Ideally situated at the western end of Norristown, just below the West Norriton Township line, this property offers a strong investment opportunity in a growing commercial corridor.

Nearby national retailers and franchises include Chase Bank, Dunkin', McDonald's, Domino's, Royal Farms, Aaron's, and more. Note: The Restaurant is owned by the Seller and there is a Lease in place. The current Restaurant Tenant is willing to remain in place after the sale.

The Owner of the Restaurant will entertain any Buyers who are interested in purchasing the restaurant as well. The the purchase price includes the restaurant and convenience, store, businesses, and all equipment that isn't leased take advantage of this amazing opportunity with multiple sources of income in one of the areas fastest growing towns!

Monthly Cost Estimate

$7,889/mo

20% down · 6.5% · 30 years

Principal$1,067
Interest$6,392
Insurance$430

Estimates only. Actual payments may vary.

Location

1132 W MAIN Street

Norristown, PA 19401

NORRISTOWN

Property Details

Construction

Asphalt Brick Concrete Copper Plumbing Masonry Mixed Plumbing

Parking

Driveway

Heating

Hot Water(Heating)

Cooling

Ductless

Questions & Answers

This 0-bedroom, 0-bathroom other at 1132 W MAIN Street is listed at $1,475,000. The estimated monthly payment is $7,888 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1910, 0.10 acre lot, 2 parking spaces.

This property is listed by Michael Marchese.

MM

Michael Marchese

License RS306072

Agent at Coldwell Banker Preferred

Listed by Coldwell Banker Preferred · Broker phone: (215) 654-9494 · Broker website

MLS# PAMC2188764· Source: Bright MLS· 100 days on PropertySimple

Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

1132 W MAIN Street, Norristown, PA 19401

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