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

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  • 414 E Main St

414 E Main St

Norristown, PA, 19401

For Sale $400,000

$400,000
  • ☆☆☆☆☆★★★★★
    Five Stars
  • (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.

  • 414 E Main St
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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 22
Original List Price Unknown
Date Updated March 19, 2025
Date Created March 17, 2025

Financials

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

Listing Provided By

Michael J Marchese an agent of . Lic #RS306072


© 2025 Copyright BRIGHT, All Rights Reserved

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 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.

Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller.

This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.

BRIGHT MLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors.

Information Deemed Reliable But Not Guaranteed



Data last updated: April 08, 2025.

Mortgage Center

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Your payment
$2,964
per month
CanvasJS.com
Estimated payment $2,964 /mo
Loan amount $400,000
Down payment $0
Interest rate 7.5%
Loan term 30 years
Taxes & insurance included? YES
Property tax 1.2%/YR
Homeowner's insurance $67/mo
HOA dues $0/mo

Payment Breakdown

CanvasJS.com
Your payment
$2,964
per month

Amortization

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Principal vs. interest

CanvasJS.com

Amortization Schedule

Over 360 months you will spend $606,729 in interest.
MONTH PRINCIPAL & INTEREST PRINCIPAL INTEREST PRINCIPAL REMAINING
1 $2,797 $297 $2,500 $399,703
2 $2,797 $299 $2,498 $399,404
3 $2,797 $301 $2,496 $399,103
4 $2,797 $303 $2,494 $398,801
5 $2,797 $304 $2,493 $398,496
6 $2,797 $306 $2,491 $398,190
7 $2,797 $308 $2,489 $397,882
8 $2,797 $310 $2,487 $397,571
9 $2,797 $312 $2,485 $397,259
10 $2,797 $314 $2,483 $396,945
11 $2,797 $316 $2,481 $396,629
12 $2,797 $318 $2,479 $396,311
13 $2,797 $320 $2,477 $395,991
14 $2,797 $322 $2,475 $395,669
15 $2,797 $324 $2,473 $395,345
16 $2,797 $326 $2,471 $395,019
17 $2,797 $328 $2,469 $394,690
18 $2,797 $330 $2,467 $394,360
19 $2,797 $332 $2,465 $394,028
20 $2,797 $334 $2,463 $393,694
21 $2,797 $336 $2,461 $393,357
22 $2,797 $339 $2,458 $393,019
23 $2,797 $341 $2,456 $392,678
24 $2,797 $343 $2,454 $392,335
25 $2,797 $345 $2,452 $391,991
26 $2,797 $347 $2,450 $391,643
27 $2,797 $349 $2,448 $391,294
28 $2,797 $351 $2,446 $390,943
29 $2,797 $354 $2,443 $390,589
30 $2,797 $356 $2,441 $390,233
31 $2,797 $358 $2,439 $389,875
32 $2,797 $360 $2,437 $389,515
33 $2,797 $363 $2,434 $389,153
34 $2,797 $365 $2,432 $388,788
35 $2,797 $367 $2,430 $388,421
36 $2,797 $369 $2,428 $388,051
37 $2,797 $372 $2,425 $387,680
38 $2,797 $374 $2,423 $387,306
39 $2,797 $376 $2,421 $386,929
40 $2,797 $379 $2,418 $386,551
41 $2,797 $381 $2,416 $386,170
42 $2,797 $383 $2,414 $385,786
43 $2,797 $386 $2,411 $385,400
44 $2,797 $388 $2,409 $385,012
45 $2,797 $391 $2,406 $384,621
46 $2,797 $393 $2,404 $384,228
47 $2,797 $396 $2,401 $383,833
48 $2,797 $398 $2,399 $383,435
49 $2,797 $401 $2,396 $383,034
50 $2,797 $403 $2,394 $382,631
51 $2,797 $406 $2,391 $382,225
52 $2,797 $408 $2,389 $381,817
53 $2,797 $411 $2,386 $381,407
54 $2,797 $413 $2,384 $380,994
55 $2,797 $416 $2,381 $380,578
56 $2,797 $418 $2,379 $380,159
57 $2,797 $421 $2,376 $379,738
58 $2,797 $424 $2,373 $379,315
59 $2,797 $426 $2,371 $378,888
60 $2,797 $429 $2,368 $378,459
61 $2,797 $432 $2,365 $378,028
62 $2,797 $434 $2,363 $377,593
63 $2,797 $437 $2,360 $377,156
64 $2,797 $440 $2,357 $376,717
65 $2,797 $443 $2,354 $376,274
66 $2,797 $445 $2,352 $375,829
67 $2,797 $448 $2,349 $375,381
68 $2,797 $451 $2,346 $374,930
69 $2,797 $454 $2,343 $374,476
70 $2,797 $457 $2,340 $374,020
71 $2,797 $459 $2,338 $373,560
72 $2,797 $462 $2,335 $373,098
73 $2,797 $465 $2,332 $372,633
74 $2,797 $468 $2,329 $372,165
75 $2,797 $471 $2,326 $371,694
76 $2,797 $474 $2,323 $371,220
77 $2,797 $477 $2,320 $370,743
78 $2,797 $480 $2,317 $370,263
79 $2,797 $483 $2,314 $369,780
80 $2,797 $486 $2,311 $369,295
81 $2,797 $489 $2,308 $368,806
82 $2,797 $492 $2,305 $368,314
83 $2,797 $495 $2,302 $367,819
84 $2,797 $498 $2,299 $367,321
85 $2,797 $501 $2,296 $366,819
86 $2,797 $504 $2,293 $366,315
87 $2,797 $508 $2,289 $365,807
88 $2,797 $511 $2,286 $365,297
89 $2,797 $514 $2,283 $364,783
90 $2,797 $517 $2,280 $364,266
91 $2,797 $520 $2,277 $363,745
92 $2,797 $524 $2,273 $363,222
93 $2,797 $527 $2,270 $362,695
94 $2,797 $530 $2,267 $362,165
95 $2,797 $533 $2,264 $361,631
96 $2,797 $537 $2,260 $361,094
97 $2,797 $540 $2,257 $360,554
98 $2,797 $544 $2,253 $360,011
99 $2,797 $547 $2,250 $359,464
100 $2,797 $550 $2,247 $358,913
101 $2,797 $554 $2,243 $358,360
102 $2,797 $557 $2,240 $357,802
103 $2,797 $561 $2,236 $357,242
104 $2,797 $564 $2,233 $356,677
105 $2,797 $568 $2,229 $356,110
106 $2,797 $571 $2,226 $355,538
107 $2,797 $575 $2,222 $354,963
108 $2,797 $578 $2,219 $354,385
109 $2,797 $582 $2,215 $353,803
110 $2,797 $586 $2,211 $353,217
111 $2,797 $589 $2,208 $352,628
112 $2,797 $593 $2,204 $352,035
113 $2,797 $597 $2,200 $351,438
114 $2,797 $601 $2,196 $350,837
115 $2,797 $604 $2,193 $350,233
116 $2,797 $608 $2,189 $349,625
117 $2,797 $612 $2,185 $349,013
118 $2,797 $616 $2,181 $348,398
119 $2,797 $620 $2,177 $347,778
120 $2,797 $623 $2,174 $347,155
121 $2,797 $627 $2,170 $346,527
122 $2,797 $631 $2,166 $345,896
123 $2,797 $635 $2,162 $345,261
124 $2,797 $639 $2,158 $344,622
125 $2,797 $643 $2,154 $343,979
126 $2,797 $647 $2,150 $343,332
127 $2,797 $651 $2,146 $342,681
128 $2,797 $655 $2,142 $342,025
129 $2,797 $659 $2,138 $341,366
130 $2,797 $663 $2,134 $340,702
131 $2,797 $668 $2,129 $340,035
132 $2,797 $672 $2,125 $339,363
133 $2,797 $676 $2,121 $338,687
134 $2,797 $680 $2,117 $338,007
135 $2,797 $684 $2,113 $337,322
136 $2,797 $689 $2,108 $336,634
137 $2,797 $693 $2,104 $335,941
138 $2,797 $697 $2,100 $335,243
139 $2,797 $702 $2,095 $334,542
140 $2,797 $706 $2,091 $333,835
141 $2,797 $711 $2,086 $333,125
142 $2,797 $715 $2,082 $332,410
143 $2,797 $719 $2,078 $331,691
144 $2,797 $724 $2,073 $330,967
145 $2,797 $728 $2,069 $330,238
146 $2,797 $733 $2,064 $329,505
147 $2,797 $738 $2,059 $328,768
148 $2,797 $742 $2,055 $328,025
149 $2,797 $747 $2,050 $327,278
150 $2,797 $752 $2,045 $326,527
151 $2,797 $756 $2,041 $325,771
152 $2,797 $761 $2,036 $325,010
153 $2,797 $766 $2,031 $324,244
154 $2,797 $770 $2,027 $323,474
155 $2,797 $775 $2,022 $322,698
156 $2,797 $780 $2,017 $321,918
157 $2,797 $785 $2,012 $321,133
158 $2,797 $790 $2,007 $320,343
159 $2,797 $795 $2,002 $319,548
160 $2,797 $800 $1,997 $318,749
161 $2,797 $805 $1,992 $317,944
162 $2,797 $810 $1,987 $317,134
163 $2,797 $815 $1,982 $316,319
164 $2,797 $820 $1,977 $315,499
165 $2,797 $825 $1,972 $314,674
166 $2,797 $830 $1,967 $313,844
167 $2,797 $835 $1,962 $313,008
168 $2,797 $841 $1,956 $312,167
169 $2,797 $846 $1,951 $311,322
170 $2,797 $851 $1,946 $310,470
171 $2,797 $857 $1,940 $309,614
172 $2,797 $862 $1,935 $308,752
173 $2,797 $867 $1,930 $307,885
174 $2,797 $873 $1,924 $307,012
175 $2,797 $878 $1,919 $306,134
176 $2,797 $884 $1,913 $305,250
177 $2,797 $889 $1,908 $304,361
178 $2,797 $895 $1,902 $303,466
179 $2,797 $900 $1,897 $302,566
180 $2,797 $906 $1,891 $301,660
181 $2,797 $912 $1,885 $300,748
182 $2,797 $917 $1,880 $299,831
183 $2,797 $923 $1,874 $298,908
184 $2,797 $929 $1,868 $297,979
185 $2,797 $935 $1,862 $297,044
186 $2,797 $940 $1,857 $296,104
187 $2,797 $946 $1,851 $295,157
188 $2,797 $952 $1,845 $294,205
189 $2,797 $958 $1,839 $293,247
190 $2,797 $964 $1,833 $292,283
191 $2,797 $970 $1,827 $291,312
192 $2,797 $976 $1,821 $290,336
193 $2,797 $982 $1,815 $289,354
194 $2,797 $989 $1,808 $288,365
195 $2,797 $995 $1,802 $287,371
196 $2,797 $1,001 $1,796 $286,370
197 $2,797 $1,007 $1,790 $285,362
198 $2,797 $1,013 $1,784 $284,349
199 $2,797 $1,020 $1,777 $283,329
200 $2,797 $1,026 $1,771 $282,303
201 $2,797 $1,033 $1,764 $281,270
202 $2,797 $1,039 $1,758 $280,231
203 $2,797 $1,046 $1,751 $279,186
204 $2,797 $1,052 $1,745 $278,134
205 $2,797 $1,059 $1,738 $277,075
206 $2,797 $1,065 $1,732 $276,010
207 $2,797 $1,072 $1,725 $274,938
208 $2,797 $1,079 $1,718 $273,859
209 $2,797 $1,085 $1,712 $272,774
210 $2,797 $1,092 $1,705 $271,682
211 $2,797 $1,099 $1,698 $270,583
212 $2,797 $1,106 $1,691 $269,477
213 $2,797 $1,113 $1,684 $268,364
214 $2,797 $1,120 $1,677 $267,244
215 $2,797 $1,127 $1,670 $266,117
216 $2,797 $1,134 $1,663 $264,984
217 $2,797 $1,141 $1,656 $263,843
218 $2,797 $1,148 $1,649 $262,695
219 $2,797 $1,155 $1,642 $261,540
220 $2,797 $1,162 $1,635 $260,377
221 $2,797 $1,170 $1,627 $259,208
222 $2,797 $1,177 $1,620 $258,031
223 $2,797 $1,184 $1,613 $256,846
224 $2,797 $1,192 $1,605 $255,655
225 $2,797 $1,199 $1,598 $254,456
226 $2,797 $1,207 $1,590 $253,249
227 $2,797 $1,214 $1,583 $252,035
228 $2,797 $1,222 $1,575 $250,813
229 $2,797 $1,229 $1,568 $249,583
230 $2,797 $1,237 $1,560 $248,346
231 $2,797 $1,245 $1,552 $247,102
232 $2,797 $1,253 $1,544 $245,849
233 $2,797 $1,260 $1,537 $244,588
234 $2,797 $1,268 $1,529 $243,320
235 $2,797 $1,276 $1,521 $242,044
236 $2,797 $1,284 $1,513 $240,760
237 $2,797 $1,292 $1,505 $239,467
238 $2,797 $1,300 $1,497 $238,167
239 $2,797 $1,308 $1,489 $236,859
240 $2,797 $1,317 $1,480 $235,542
241 $2,797 $1,325 $1,472 $234,217
242 $2,797 $1,333 $1,464 $232,884
243 $2,797 $1,341 $1,456 $231,543
244 $2,797 $1,350 $1,447 $230,193
245 $2,797 $1,358 $1,439 $228,834
246 $2,797 $1,367 $1,430 $227,468
247 $2,797 $1,375 $1,422 $226,092
248 $2,797 $1,384 $1,413 $224,708
249 $2,797 $1,393 $1,404 $223,316
250 $2,797 $1,401 $1,396 $221,915
251 $2,797 $1,410 $1,387 $220,504
252 $2,797 $1,419 $1,378 $219,086
253 $2,797 $1,428 $1,369 $217,658
254 $2,797 $1,437 $1,360 $216,221
255 $2,797 $1,446 $1,351 $214,776
256 $2,797 $1,455 $1,342 $213,321
257 $2,797 $1,464 $1,333 $211,857
258 $2,797 $1,473 $1,324 $210,384
259 $2,797 $1,482 $1,315 $208,902
260 $2,797 $1,491 $1,306 $207,411
261 $2,797 $1,501 $1,296 $205,910
262 $2,797 $1,510 $1,287 $204,400
263 $2,797 $1,520 $1,278 $202,881
264 $2,797 $1,529 $1,268 $201,352
265 $2,797 $1,539 $1,258 $199,813
266 $2,797 $1,548 $1,249 $198,265
267 $2,797 $1,558 $1,239 $196,707
268 $2,797 $1,568 $1,229 $195,140
269 $2,797 $1,577 $1,220 $193,562
270 $2,797 $1,587 $1,210 $191,975
271 $2,797 $1,597 $1,200 $190,378
272 $2,797 $1,607 $1,190 $188,771
273 $2,797 $1,617 $1,180 $187,153
274 $2,797 $1,627 $1,170 $185,526
275 $2,797 $1,637 $1,160 $183,889
276 $2,797 $1,648 $1,149 $182,241
277 $2,797 $1,658 $1,139 $180,583
278 $2,797 $1,668 $1,129 $178,915
279 $2,797 $1,679 $1,118 $177,236
280 $2,797 $1,689 $1,108 $175,547
281 $2,797 $1,700 $1,097 $173,847
282 $2,797 $1,710 $1,087 $172,136
283 $2,797 $1,721 $1,076 $170,415
284 $2,797 $1,732 $1,065 $168,683
285 $2,797 $1,743 $1,054 $166,940
286 $2,797 $1,754 $1,043 $165,187
287 $2,797 $1,765 $1,032 $163,422
288 $2,797 $1,776 $1,021 $161,647
289 $2,797 $1,787 $1,010 $159,860
290 $2,797 $1,798 $999 $158,062
291 $2,797 $1,809 $988 $156,253
292 $2,797 $1,820 $977 $154,433
293 $2,797 $1,832 $965 $152,601
294 $2,797 $1,843 $954 $150,758
295 $2,797 $1,855 $942 $148,903
296 $2,797 $1,866 $931 $147,036
297 $2,797 $1,878 $919 $145,158
298 $2,797 $1,890 $907 $143,269
299 $2,797 $1,902 $895 $141,367
300 $2,797 $1,913 $884 $139,454
301 $2,797 $1,925 $872 $137,528
302 $2,797 $1,937 $860 $135,591
303 $2,797 $1,950 $847 $133,641
304 $2,797 $1,962 $835 $131,679
305 $2,797 $1,974 $823 $129,705
306 $2,797 $1,986 $811 $127,719
307 $2,797 $1,999 $798 $125,720
308 $2,797 $2,011 $786 $123,709
309 $2,797 $2,024 $773 $121,685
310 $2,797 $2,036 $761 $119,649
311 $2,797 $2,049 $748 $117,600
312 $2,797 $2,062 $735 $115,538
313 $2,797 $2,075 $722 $113,463
314 $2,797 $2,088 $709 $111,375
315 $2,797 $2,101 $696 $109,274
316 $2,797 $2,114 $683 $107,160
317 $2,797 $2,127 $670 $105,033
318 $2,797 $2,141 $656 $102,892
319 $2,797 $2,154 $643 $100,738
320 $2,797 $2,167 $630 $98,571
321 $2,797 $2,181 $616 $96,390
322 $2,797 $2,195 $602 $94,195
323 $2,797 $2,208 $589 $91,987
324 $2,797 $2,222 $575 $89,765
325 $2,797 $2,236 $561 $87,529
326 $2,797 $2,250 $547 $85,279
327 $2,797 $2,264 $533 $83,015
328 $2,797 $2,278 $519 $80,737
329 $2,797 $2,292 $505 $78,444
330 $2,797 $2,307 $490 $76,138
331 $2,797 $2,321 $476 $73,817
332 $2,797 $2,336 $461 $71,481
333 $2,797 $2,350 $447 $69,131
334 $2,797 $2,365 $432 $66,766
335 $2,797 $2,380 $417 $64,386
336 $2,797 $2,395 $402 $61,991
337 $2,797 $2,410 $387 $59,582
338 $2,797 $2,425 $372 $57,157
339 $2,797 $2,440 $357 $54,718
340 $2,797 $2,455 $342 $52,263
341 $2,797 $2,470 $327 $49,792
342 $2,797 $2,486 $311 $47,306
343 $2,797 $2,501 $296 $44,805
344 $2,797 $2,517 $280 $42,288
345 $2,797 $2,533 $264 $39,755
346 $2,797 $2,549 $248 $37,207
347 $2,797 $2,564 $233 $34,642
348 $2,797 $2,580 $217 $32,062
349 $2,797 $2,597 $200 $29,465
350 $2,797 $2,613 $184 $26,852
351 $2,797 $2,629 $168 $24,223
352 $2,797 $2,646 $151 $21,578
353 $2,797 $2,662 $135 $18,915
354 $2,797 $2,679 $118 $16,237
355 $2,797 $2,696 $101 $13,541
356 $2,797 $2,712 $85 $10,829
357 $2,797 $2,729 $68 $8,100
358 $2,797 $2,746 $51 $5,353
359 $2,797 $2,764 $33 $2,590
360 $2,797 $2,781 $16 $0


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