New Hope, PA 18938,110 MAIN ST
New Hope, PA 18938,110 MAIN ST
New Hope, PA 18938,110 MAIN ST
62
$1,875,000
$1,950,000
3.8%
Est.Price: ?

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0.35 Acres Lot

110 MAIN ST New Hope, PA 18938

Est. payment /mo
SOLD DATE : 01/31/2023

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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

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Stacie Nance

Agent | License ID: 5011001/RSR006430

+1(410) 245-5320

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