New Hope, PA 18938,110 MAIN ST
New Hope, PA 18938,110 MAIN ST
New Hope, PA 18938,110 MAIN ST
New Hope, PA 18938,110 MAIN ST
New Hope, PA 18938,110 MAIN ST
New Hope, PA 18938,110 MAIN ST
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$1,875,000

$1,950,000

3.8%
Est.Price: ?

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Est. payment /mo

0.35 Acres Lot


SOLD DATE : 01/31/2023

Key Details

Sold Price $1,875,000

Property Type Commercial

Sub Type Mixed Use

Listing Status Sold

Purchase Type For Sale

MLS Listing ID PABU2038254

Sold Date 01/31/23

Originating Board BRIGHT

Year Built 1904

Annual Tax Amount $11,974

Tax Year 2022

Lot Size 0.355 Acres

Acres 0.35

Lot Dimensions 99.00 x 156.00

Property Description

Available for the first time in over 50 years, “South Main” is the essence of iconic, quintessential New Hope and always ready to amaze you. A once-in-a-generation opportunity to own this mixed-use commercial/residential landmark prominently located in the heart of downtown New Hope. Comprising of 3 retail stores, 1 restaurant; all with an outdoor display room, a separate 2-unit residential building on Waterloo St., a large private parking lot, all-in-one parcel, this property’s unique features and impressive income stream are difficult to replicate. This is a particular opportunity for an investor or owner operator seeking a superior hedge against market volatility. South Main enjoys prime visibility and high traffic, right across from Havana’s restaurant and bar. Comprising of a few iconic stores of New Hope, Sav'aged Design, Suzie's Hot Sauce, Nina's Waffles & Ice Cream and Smooth Roots, while the rear features a detached (c.a.2009) building with 2 apartments, which is elevated and facing the river. Each unit has its own garage. This property enjoys a 100% occupancy track record, low taxes and moderate operating expenses. Become a part of the booming growth of New Hope Borough.
Photos legend: Unit 1 retail, Unit 2 retail, Unit 3 restaurant, Unit 4 retail, Unit 5 apartment, unit6 apartment

Location

State PA

County Bucks

Area New Hope Boro (10127)

Zoning CC

Interior

Hot Water Electric

Cooling Other

Heat Source Electric, Natural Gas

Exterior

Garage Spaces 10.0

Waterfront N

Water Access N

Accessibility None

Parking Type Off Site, Private Garage

Total Parking Spaces 10

Garage N

Building

Sewer Public Sewer

Water Public

New Construction N

Schools

Elementary Schools New Hope-Solebury Upper

Middle Schools New Hope-Solebury

High Schools New Hope-Solebury

School District New Hope-Solebury

Others

Tax ID 27-010-164

Ownership Fee Simple

SqFt Source Assessor

Acceptable Financing Cash

Listing Terms Cash

Financing Cash

Special Listing Condition Standard

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Bright MLS (BMLS)
Listed by Daniela Deluca • Addison Wolfe Real Estate
Bought with Stephen G Darlington • BHHS Fox & Roach-New Hope
agent-avatar

+1(240) 290-0830

leisel@leiseltaylor.com

800 Maine Ave SW, Suite 200 Washington 20024

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