40 S Main St, New Hope, PA 18938

$1,995,000
List Price
$1,995,000
Status
ACTIVE
Listing Area
New Hope Boro (10127)
School District
New Hope-Solebury
Total Taxes
$11358
Acres
0.10
Days on Market
17
MLS#
PABU2070376

Property Description

****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.

Additional Information

Heating
Baseboard - Hot Water
Heating Fuel
Natural Gas
Cooling
Ductless/Mini-Split, Window Unit(s)

Mortgage Calculator

Amount of Loan
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Term of Loan
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Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Addison Wolfe Real Estate. Contact: (215) 862-5500

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