$2,060,000
$2,300,000
10.4%For more information regarding the value of a property, please contact us for a free consultation.
4,727 SqFt
SOLD DATE : 07/29/2022
Key Details
Sold Price $2,060,000
Property Type Commercial
Sub Type Five Or More Units
Listing Status Sold
Purchase Type For Sale
Square Footage 4,727 sqft
Price per Sqft $435
Subdivision New Hope
MLS Listing ID PABU2014972
Sold Date 07/29/22
Originating Board BRIGHT
Year Built 1831
Annual Tax Amount $13,915
Tax Year 2022
Lot Size 6,534 Sqft
Acres 0.15
Lot Dimensions Irregular
Property Description
Perched at the grand entrance to New Hope from the iconic bridge from Lambertville, NJ, this fully leased, 6 unit investment property underwent a full scale renovation circa 2006 and features two street level retail stores and four apartments. With an excellent history of tenancy, this prime location has always drawn reliable commercial shops benefiting from some of the highest foot and vehicle exposure available in town. Located across the street from Starbucks and Dunkin' Donuts, approvals were previously granted for an expansion of 750 SF of the main level commercial space. Adjacent open-space (with sculpture) is owned by the bridge commission and is fenced off from the public, providing plenty of buffer for the premium apartment views of the river.
Location
State PA
County Bucks
Area New Hope Boro (10127)
Zoning CC
Interior
Hot Water Electric
Heating Other
Cooling Central A/C, Window Unit(s)
Heat Source Natural Gas
Exterior
Waterfront Y
Water Access Y
View River
Accessibility None
Parking Type None
Garage N
Building
Lot Description Level, SideYard(s)
Sewer Public Sewer
Water Public
New Construction N
Schools
School District New Hope-Solebury
Others
Tax ID 27-010-128
Ownership Fee Simple
SqFt Source Estimated
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
Special Listing Condition Standard
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Bought with Stephen G Darlington • BHHS Fox & Roach-New Hope