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2490 BOULEVARD OF THE GENERALS, NORRISTOWN, PA 19403
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$3,200,000
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Home Details for 2490 BOULEVARD OF THE GENERALS
Price
$3,200,000
Type
Commercial/Industrial
Year Build
1981
Lot Size
2.49
County
MONTGOMERY
Tax
$65,816
MLS®️ Listing#
PAMC2148362
On exitrealty.com
151 days
Property Description
DO NOT REACH OUT TO MARK GOLA. Reach out to Brian Gola at 484-881-1783 or bgola@gola.com 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
- Cooling Information
- Central Air
- Electric
- Heating Information
- Electric
- Heat Pump
- Water Features
- Public
- Parking
- Parking Lot
Listing Courtesy: Gola Corporate Real Estate, Inc - 610-631-0333
The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which EXIT Realty participates, and is provided by BRIGHT through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have closed or are no longer being offered for sale. Information Deemed Reliable But Not Guaranteed. Copyright ©2025 Bright MLS. All rights reserved.
Last Updated: 2025-09-05 16:50:13
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