alt
View All

For Sale

Norristown State Hospital

1001 Sterigere Street,
Norristown, PA 19401
Represented by
Binswanger

Asset Snapshot

Assisted Living
Industrial Subtype
22.00 Acres
Land Area

Offering Summary

Investment Overview

22 AC of Land for Sale in Norristown, PA


Investment Highlights

  • Type: Build to Suit Opportunity with Optionality Ranging from 40,000-200,000 SF
  • Land Size: 22 acres
  • Power: Developer has applied for 7.5 MW (possibility to increase)
  • Gas: PECO Supplied
  • Max Building Height: 65’
  • Zoning: Norristown State Hospital Mixed-Use Overlay District
  • Concepts: Suitable for industrial, manufacturing, warehouse, flex, distribution users, and big box retail
  • Incentives: Incentive packages may be negotiatedfor qualified users
  • Location: This property is strategically located in Montgomery County, offering convenient access to major transportation corridors including U.S. Route 202, I-476, and the Pennsylvania Turnpike. The property benefits from its proximity to downtown Norristown, regional employment centers, public transit, healthcare facilities, retail amenities, and educational institutions, making it well-positioned for a variety of commercial, institutional, and redevelopment opportunities.

How it Works

Need Help?

Your brokers are your first point of contact for any listing or process questions. For additional support:

Listing Syndicated From

Buildout
Accepting Offers
Unlisted
Asking Price

Investment Sales Broker

Timothy Pennington
Binswanger

Market Insights