Pamela Schwartz
Pamela Schwartz
RS278294

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1501 POWELL STREETNORRISTOWN, PA 19401

Commercial · 3,600 Sq. ft. | 0.05 Acres
$299,900 ACTIVE

1501 POWELL STREET Overview

Time on Site:
18 days
Visits:
1

Great investment opportunity at 1501 Powell, a mixed use property with first floor commercial and second floor residential. The first floor is rented through 2028 and is currently a grocery market. The second floor apartment has been updated nicely, featuring 2 bedrooms and a spacious family room. The building has a large basement that can be utilized by the landlord for storage, as well as updated mechanicals. over 9% cap rate, commercial tenant since 2023 and an updated apartment. Property being sold as-is, please contact listing agent for info on upstairs access.

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1501 POWELL STREET Facts & Features

  • Type Commercial
  • Sq. ft. 3,600
  • Price/Sq.ft. $83
  • Lot 0.05 Acres

Details

General

Income/Expenses

  • Net Operating Income: 27654.00

Listing Information

  • Real Estate Owned: No
  • Short Sale: No

Building Information

  • New Construction: No
  • Year Built: 1930

Business Information

  • Business Type: Supermarket/Grocery Store

Location/Region

  • Country: US
  • County: MONTGOMERY
  • County Or Parish: MONTGOMERY
  • MLS Area Major: Norristown Boro (10613)

Parking Information

  • Total Parking Spaces: 0
  • Type of Parking: On Street

Tax Information

  • City/Town Tax: 1581.00
  • City/Town Tax Payment Frequency: Annually
  • County Tax: 455.00
  • County Tax Payment Frequency: Annually
  • School Tax: 3396.00
  • Tax Annual Amount: $5,466.00
  • Tax Assessed Value: 86640.00
  • Tax Year: 2024

General Information

  • Property Sub Type: Mixed Use
  • Property Type: Commercial Sale
  • School District Name: NORRISTOWN AREA
  • Special Listing Conditions: Standard
  • Vacation Rental: No
  • Year Assessed: 2025
  • Zoning: R1A

Interior

Building Information

  • Cooling Fuel: Electric
  • Heating Fuel: Electric,Natural Gas
  • Total Drive In Doors: 0

Parking Information

  • Garage: No

Building Interior

  • Building Area Source: Estimated
  • Building Area Total: 3600.00
  • Central Air: Yes
  • Hot Water: Electric,Natural Gas

General Information

  • Accessibility Features: 2+ Access Exits
  • Cooling: Central A/C, Wall Unit

Exterior

Building Information

  • Total Loading Docks: 0

Lot Information

  • Lot Size Source: Estimated
  • Lot Size Square Feet: 2160.00
  • Lot Size Units: Square Feet
  • Water Source: Public

Waterfront/View

  • Water Oriented: No
  • Water View: No
  • Waterfront: No

Building Exterior/Construction

  • Construction Materials: Brick

General Information

  • Number Of Units Total: 1
  • Sewer: Public Sewer
  • Water Access: No

1501 POWELL STREET Neighborhood

Community

19401 (NORRISTOWN) Demographics

35
Median Age
6,739
Population Density (per sq. mile)
35%
College Educated
$58,782
Estimated Median Income
7,334
Estimated Total Home Owners
8,948
Estimated Total Renters
45% / 55%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

1501 POWELL STREET Monthly Cost

$
$ %
%
$
$
Lauren Gyza
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

1501 POWELL STREET Market Data

Based on the last 30 days in this zip code

$324,765
Average List Price
$193
Average Price per Square Foot
29
Properties Sold
76
Average Days on Market
107
Properties for Sale
Calculations provided by Reliance Network

1501 POWELL STREET History

Date Event Value Agent
6/12/2026Source: BRIGHT MLS Added to Database
June 12, 2026
Listing provided courtesy of RE/MAX Signature- MLS# PAMC2183974MLS ProviderContact Information: [email protected] - 2153439950