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$1,700,000
3,267
square ft

40 S Main Street
NEW HOPE, Pennsylvania 18938

Closed / MLS #PABU2070376 / Commercial / Mixed Use / NEW HOPE
Listing information updated 9/19/2024 at 9:01pm
****AMAZING CENTER-OF-TOWN INVESTMENT OPPORTUNITY *** Fully leased mixed-use building in New Hope's best Main Street retail location. Directly across from the Logan Inn and steps to the reknowned Bucks County Playhouse. Two doors down from the popular Ferry Market. Two retail spaces plus one 1-bedroom apartment. Six on-site parking spaces. Retail tenants enjoy tremendous foot traffic generated by surrounding restaurants, shops, theater, and riverfront promenade. Long-time main floor tenant operates successful New Hope Apparel Co. Ferry St tenant operates Alta's Kitchen, a French style gourmet cafe. One upstairs residential unit with beautiful architectural features and updated granite/stainless kitchen.... still plenty of rental upside with further renovation to take the unit to the next level. $117,000 of in-place building rents. A wonderful investment opportunity for long-term multi-generational hold in a 5-star location in New Hope's booming downtown. Call today before its too late.
Lot Size:
4554.00 Square Feet
Acreage:
0.10
Built:
1870
Cooling System:
Ductless/Mini-Split,Window Unit(s)
Roof:
Asphalt,Shingle
Business Use:
Other/General Retail, Apartment Building
Zoning:
CC
Building Square Feet:
3,267
Tax Amount:
$11,694
Tax Year:
2024
Zip Code:
18938
City:
New Hope
County:
Bucks

Listing Office: Addison Wolfe Real Estate

Listing Office Phone: 215.862.5500

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40 S Main Street, New Hope, PA 18938 is a commercial / mixed use which sold for $1,700,000. This commercial / mixed use has been listed on RLAH @properties since May 30th, 2024 and was built in 1870.