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Sold

40 S MAIN STREET

40 S MAIN STREET, NEW HOPE, PA 18938

$1,700,000
****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.

3,267 Sq.Ft. LIVING AREA

4,554 Sq.Ft. lot

Greg Dwornikowski

Greg Dwornikowski

Features & Amenities

Interior

  • Flooring Carpet, Hardwood, Tile/Brick

Area & Lot

  • Status Sold
  • Date Sold September 12, 2024
  • Living Area3,267 Sq.Ft.
  • Total Area3,267 Sq.Ft.
  • Lot Area4,554 Sq.Ft.
  • MLS® IDPABU2070376
  • TypeCommercial
  • YEAR BUILT1870
  • NeighborhoodCentral Bucks
  • View DescriptionCity
  • School DistrictNEW HOPE-SOLEBURY

Exterior

  • STORIES3
  • water SourcePublic
  • roofAsphalt, Shingle
  • lot featuresCorner
  • parkingParking Lot
  • HEAT TYPEBaseboard - Hot Water
  • AIR CONDITIONINGDuctless/Mini-Split, Window Unit(s)
  • sewerPublic Sewer
  • Disability FeaturesNone

Financial

  • Sales Price$1,700,000
  • Real Estate Tax $11,694/yr
  • Zoning CC

Central Bucks

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Contact Details

Addison Wolfe Real Estate

Phone

(215) 862-5500

Email

[email protected]

Address

550 Union Square Dr New Hope PA 18938

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