203 DEKALB ST, Norristown, PA 19401

Property Description

UNIQUE INVESTMENT OPPORTUNITY POSITIONED IN THE PRIME DOWNTOWN NORRISTOWN REDEVELOPMENT CORRIDOR.STRATEGICALLY LOCATED ON DEKALB ST BETWEEN MAIN AND LAFAYETTE STREETS. THESE PROPERTIES ARE SITUATED ON A KEY PARCEL SLATED FOR FUTURE DEVELOPMENT. POTENTIAL TO EARN CURRENT HIGH GROSSING INVESTMENT RETURN.203 Dekalb is one commercial & 2 apartments. Projected rental $4200/mo. Taxes $3595 Opportunity for commercial development and multi unit developments steps to the River. Property is next to 205 Dekalb also for sale great opportunity 205 Dekalb is one commercial and one apartment. Projected rental $2800/mo. Taxes $ 2688. Norristown is creating a Town Center. Central Business. District. 4100 Mix: Retail, Ofc, Apts - Multi-Use currently vacant. Blocks to the river, transportation center blocks to Elmwood Park and the Norristown Zoo. Norristown! If you haven't recently visited, you may not have seen all the improvements that have occurred. From streetscapes, the cultural district, and major transportation improvement projects to thriving neighborhoods - commercial growth in Norristown is on the rise. Norristown is home to many new businesses - and our existing businesses are expanding! The Recreation Department provides programs for children and adults throughout the year. Our Thomas Barone Memorial Complex offers 3 fields, one with lights, for our youth baseball and softball programs. Latshaw Field is a host to Chestnut Hill University, Connie Mack Baseball CYO During the Baseball Season Norristown Diamonds Senior League Baseball (Ages 30 and Over)We also have an adult softball field at Sully Gelet field and Patti Simons Field. Elmwood Park offers: Bocce Ball Picnics Playground Areas Sunday Concerts Volleyball :RIVERFRONT REDEVELOPMENT.As property along the riverfront is readied for redevelopment blocks away, the path forward for a thriving riverfront. Schuylkill River Trail The trailhead at Norristown Transportation Center was developed for use by trail users through the cooperation of Municipality of Norristown, Montgomery County Parks and PA Heritage Parks, and SEPTA. Trail users may use these parking facilities at no cost after 5 p.m. on weekdays and all weekend. Visit the Schuylkill River Trail website to learn more. Elmwood Park Zoo is located in Norristown, Pennsylvania Listing Office

Listing Status:

Active

Listing Office:

Realty Mark Associates - KOP : 2153764444

Listing Agent:

George Korkus Jr : 6102139200

MLS ID:

PAMC2134990

Interior

• A/C: Central A/C
• Heating: Hot WaterElectricNatural Gas
• Disability Feature: None

Construction

• General: BrickOther

Location

• Originating MLS: BRIGHT_MAIN
• School District: NORRISTOWN AREA
• County: MONTGOMERY-PA

Lot

• Zoning: COMMERCIAL13-00-09876-002

Utilities

• Water: Public
• Sewer: Public Sewer

Financial

• Source: BRIGHT_MAIN

This listing courtesy of George Korkus Jr, Realty Mark Associates - KOP