Apartment Building with C Store & Restaurant for sale in NE PA
Business Description
Prime Mixed-Use Investment Opportunity in Norristown, PA
This exceptional mixed-use property combines multiple income streams in one strategic location. The building features 5 fully occupied residential apartments providing stable rental income, plus ground-floor commercial space housing an established Mexican restaurant with full kitchen and convenience store.
Business Highlights:
- Multiple revenue streams: residential rentals, restaurant operations, convenience store, and PA skill games
- Fully occupied apartment units generating consistent cash flow
- Established restaurant with complete kitchen facilities
- Convenience store in prime location with minimal local competition
- Real estate included in sale - no lease concerns
- Absentee owner operation demonstrates hands-off potential
Location Advantages:
Centrally located in Montgomery County with limited nearby competition, this property benefits from high visibility and accessibility. The Norristown location provides excellent foot traffic for both the convenience store and restaurant operations.
Growth Potential:
Significant opportunity exists to expand beverage offerings, including beer sales, which could substantially increase revenue. The new owner can choose to operate the restaurant and convenience store directly or continue leasing the commercial spaces for additional rental income.
Operational Flexibility:
This investment offers multiple operational approaches - perfect for owner-operators seeking active business involvement or investors preferring passive income through rental arrangements. The seller provides two weeks of comprehensive training to ensure smooth transition.
With established customer bases across all business segments and proven income history, this represents a rare opportunity to acquire a diversified income-producing property in a desirable Pennsylvania market.
This exceptional mixed-use property combines multiple income streams in one strategic location. The building features 5 fully occupied residential apartments providing stable rental income, plus ground-floor commercial space housing an established Mexican restaurant with full kitchen and convenience store.
Business Highlights:
- Multiple revenue streams: residential rentals, restaurant operations, convenience store, and PA skill games
- Fully occupied apartment units generating consistent cash flow
- Established restaurant with complete kitchen facilities
- Convenience store in prime location with minimal local competition
- Real estate included in sale - no lease concerns
- Absentee owner operation demonstrates hands-off potential
Location Advantages:
Centrally located in Montgomery County with limited nearby competition, this property benefits from high visibility and accessibility. The Norristown location provides excellent foot traffic for both the convenience store and restaurant operations.
Growth Potential:
Significant opportunity exists to expand beverage offerings, including beer sales, which could substantially increase revenue. The new owner can choose to operate the restaurant and convenience store directly or continue leasing the commercial spaces for additional rental income.
Operational Flexibility:
This investment offers multiple operational approaches - perfect for owner-operators seeking active business involvement or investors preferring passive income through rental arrangements. The seller provides two weeks of comprehensive training to ensure smooth transition.
With established customer bases across all business segments and proven income history, this represents a rare opportunity to acquire a diversified income-producing property in a desirable Pennsylvania market.
About the Business
- Employees
- 2 (1 Full-time, 1 Part-time)
- Facilities & Assets
- The building has 5 apartments, a Mexican Restaurant with full kitchen, a convenience store
- Market Outlook / Competition
- Centrally located with not much competition around.
- Opportunities for Growth
- The New Owner could bring in beer
Real Estate
- Owned or Leased
- Owned
- Included in asking price
About the Sale
- Seller Motivation
- Absentee Owner
- Transition Support
- 2 weeks training will be provided
Listing Info
- ID
- 2483830
- Listing Views
Attached DocumentsAttachment Disclaimer
Listing ID: 2483830 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
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