About 2490 Boulevard Of The Generals
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 of 2490 Boulevard Of The Generals
| MLS® # | PAMC2148362 |
|---|---|
| Price | $3,200,000 |
| Bathrooms | 0.00 |
| Square Footage | 20,754 |
| Acres | 2.49 |
| Year Built | 1981 |
| Type | Commercial Sale |
| Sub-Type | Office |
| Status | Active |
Community Information
| Address | 2490 Boulevard Of The Generals |
|---|---|
| Area | West Norriton Twp (10663) |
| City | NORRISTOWN |
| County | MONTGOMERY-PA |
| State | PA |
| Municipality | WEST NORRITON TWP |
| Zip Code | 19403 |
Amenities
| Is Waterfront | No |
|---|
Interior
| Heating | Heat Pump(s) |
|---|---|
| Cooling | Central A/C |
| Fireplace | No |
| # of Stories | 2 |
| Has Basement | No |
School Information
| District | NORRISTOWN AREA |
|---|
Additional Information
| Zoning | LC&I |
|---|---|
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | Gola Corporate Real Estate, Inc |
|---|---|
| Contact Info | 6106310333 |