#PAMC2140014, George Korkus Jr, Listing Office: Realty Mark Associates - KOP
219 E Main St Norristown, PA 19401
Property details
About 219 E Main St
Mixed use building locates in the prosperous Norristown down area For Sale. 1/F is a commercial space currently runs as a tavern with "R " liquor license. "R" licensed establishments may sell Beer, Wine & Spirits for on-premises consumption & Beer , Sunday sale permitted, the fair value for the R" liquor license in Montgomery county is around $400,000 which includes in this sale. There is also a kitchen can serve hot food. Customers can enjoy the beer while have delicious dinner the same time. There are another passive income from the slot machines. They also have cigarette license to allow you sell the cigarette to the customers. Business are great and always busy. It is easy to operate and the seller can train the new owners. There are 3 bedroom apartment on the 2/F with separate entrance and fire exist stairs. There are total 4 source of incomes, the bar & food, the slot machine , the cigarette sale and the rental incomes. The owner runs the bar and food business for a long time, decides to retire. There is a comparable on 672-674 E Marshall St recently sold for $1.3 millions. It is a very rare opportunity to own a commercial property in downtown Norristown. Possess the R" liquor license- very few for sale in Montgomery county, Also have well built profitable business.
Highlights
(ACTIVE)
Summary
- Parking: Off Site
- Architectural Style: Straight Thru
- Heating: None
- Cooling: None
- List Price: $1,200,000
- Annual Tax Amount: $5,167
- Tax Year: 2024
- Directions: use GPS
- Year Built: 1900
- Municipality: Norristown Boro
- Lot Size: 0.04 Acres
- MLS Number: PAMC2141010
- MLS Name: BRIGHT
- Office Name: Home Max Realty
- Office Phone: (215) 904-7508
- Listing Agent: Jie Chen
- Agent Phone: (215) 820-1621
- Agent Email: mcmaxrealtor@gmail.com
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Last updated on: 5/20/2025, 4:20:55 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$1,200,000
219 E Main St
$10,000
closing credit¹
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Price information
Property sales
Date | Event | Price |
---|---|---|
Feb 11, 2013 | Home Sold | $100,000 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2024 | $84,170 | $5,167 |
2023 | $84,170 | $5,121 |
2022 | $84,170 | $5,010 |
2021 | $84,170 | $4,902 |
2020 | $84,170 | $4,755 |
2019 | $84,170 | $4,668 |
2018 | $84,170 | $4,581 |
2017 | $84,170 | $4,287 |
History based on county public records data.
Nearby schools
5
Gotwals Elementary School
Public District 1-4
0.4 mi
•1 E Oak St
5
Winfield Scott Hancock Elementary School
Public District 1-4
0.9 mi
•Arch & Summit Streets
6
Bridgeport Elementary School
Public District KG-4
1.0 mi
•900 Bush and School Lane
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $21,364. Most Norristown, PA residents have annual incomes less than $<35k. The majority of families are single, no kids. The most common level of education of people living in this area is high school diploma.
Similar homes for sale
This home is located at 219 E Main St in Norristown, PA and zip code 19401. Features: 0 bathroom. It has been listed on Rocket Homes since May 19, 2025 and is currently priced at $1,200,000.
The number of listings in Norristown, PA increased by 93.4% between March and April 2025. In April 2025 median list price was $327,500 and the average listing age was 41 days.