$945,000

Restaurant and a mixed-use apartment building now For Sale. This Montgomery County Restaurant located in Norristown has been open for 45 years and still remains open serving the delicious food it is known for. Here is an opportunity to own a profitable restaurant and have additional income producing rental units all in good condition, at the same location. Alfredo's Restaurant takes up the entire 1st floor of this 5,685 sq. ft. building all equipment in the restaurant is included with the sale of the property. The restaurant is equipped to hold up to 64 patrons and also has bar seating available. There are 6 licensed residential rental units plus the restauraunt all on the premises. There is a 1st floor Efficiency apartment with tenant paying their own electric, 3 units on the 2nd floor, a 2 bedroom with an outside deck that also has all utilities including heat and hot water completely seperate. There are 2 other 2nd floor Efficiency units also that have seperate electric meters. On the 3rd floor there are 2 more units these are boarding room units both in good condition. All units and the restaurant are officially licensed. The building will meet all of the Municipality of Norristown's requirements even Norristown's latest added Fire Safety Requirement when there is a Commercial 1st floor space with residential apartments above. The location of this property cannot be beat it is located on the very West end of Norristown just below the West Norriton Township line and only 1 mile from the center of Town where the new Justice Center is currently being built. Be a part of Norristown's amazing growth! It has been many years since you could look at Norristown from the Bridgeport side or any of the surrounding Townships and see 2 large building cranes above its skyline! Come and join some of the Country's top franchises that have come to Norristown such as Chase Bank, Dunkin Donuts, McDonalds, Domino's, Royal Farms, Aaron's and others.