414 E Main St, Norristown, PA 19401 | For Sale

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For Sale $400,000

$400,000
  • (0)
  • 2 Units
  • Unknown Sq Ft
  • 2,958 Sq Ft
  • Unknown Cap Rate

Description

Don’t miss the chance to own one of Norristown's most sought-after locations 414 E. Main St. only 2 blocks from Montgomery County's $415,000,000 Justice Center that is still currently under construction slated for an end of 2026 completion! 414 E. Main St. which has been the home of Lou's Steak Shop for the last 83 years, where generation's of the Alba family have served the most delicious Cheese Steaks and Italian Zep's to the public. Situated on the bustling E. Main Street in Norristown, Pa. directly across from the historic Holy Savior Parish, this property offers unmatched visibility.
Property Highlights: The restaurant holds 44 occupants, has 21 off street parking spaces, a rear hidden kitchen area, large basement storage area, 2 1 bedroom 2nd floor residential apartments that are collecting $1,450.00 per month, both Leases are month to month. There are 3 additional parcels included with the sale of 414 E. Main St. 441 E., 443 E. Main St., 441 E. Lafayette St., 443 E. Lafayette St. (all parking areas). Norristown is on the move with property values on the rise. Never has so much development been present in Norristown since it's last growth spurt which dates back to 1853! Combined with the above-mentioned Justice Center there are multiple new residential Construction projects as well, currently under construction with hundreds of new homes on the way. Be a part of Norristown's growth while you still can!

Contact us today to schedule a showing and explore the potential this property holds for you!

PLEASE NOTE LOU'S STEAK SHOP AND ALL IT'S EQUIPMENT AND FURNITURE ARE NOT INCLUDED WITH THE SALE PRICE AND IS BEING SOLD SEPERATELY. THE PROPERTY IS ONLY AVAILABLE WITH A SUCCESSFUL PURCHASE OF THE LOU'S STEAK SHOP BUSINESS. AGENT WILL DIRECT ANY PROSPECTIVE BUYER TO THE BUSINESS OWNERS' REPRESENTATIVE.

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Amenities

Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt

Income

Rental Units


The income description goes here to explain

Expenses

Property Details

List Price $400,000
Property Type Flex Space
Usable Sqft Unknown
Number of Stories 2 stories
Parking Spots 0 spots
Year Built 1900
Last Sold Unknown
Sold Price Unknown
APN # 130021484004
MLS # PAMC2132712
Property ID 293685342
Lot Sqft 2,958
Zoning TOWN CENTER II ZONING
Total Units 2
Days on Market 316
Original List Price Unknown
Date Updated November 29, 2025
Date Created March 17, 2025

Financials not available online. Please inquire with your agent for more details.

Listing Provided By

Michael J Marchese an agent of . Lic #RS306072


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Data last updated: January 27, 2026.
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