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Off Market
1/3

103 S State St
Newtown, PA 18940


HIGHLIGHTS

  • Mixed-use retail/investment opportunity
  • Central downtown location directly across from Starbucks
  • 2,800 SF ground floor retail/showroom available for lease ($28.50 SF/yr-NNN)
  • 2nd floor bi-level apartment unit (presently leased)
  • Heavy pedestrian traffic
  • Amidst significant local, high-end redevelopment

OVERVIEW

Truly exceptional retail investment opportunity in the heart of Historic Newtown Boro, Bucks County, Pennsylvania. The property offers a stately presentation in an uncompromising environment comprised of historic significance and modern relevance. Originally built circa 1795 and expanded over time, this free-standing mixed-use property features over 2,800 square feet of prime retail space on the main level (presently home to a well-established florist, est. 1960) and a 3-4 bedroom apartment above, offering Tenants access to an incomparable downtown living experience.The Historic Torbert House is positioned adjacent to two National Credit Tenants (Starbucks and Athleta) and proximate to the iconic Steepleview project - a $100MM redevelopment project which is underway in the Borough of Newtown(Phase 1 is complete). This offering represents a unique and truly extraordinary opportunity to establish a business in the center of Newtown Borough's retail renaissance.

FOR SALE DETAILS

PRICE

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CAP RATE

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% LEASED

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TENANCY

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BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

TOTAL BUILDING SIZE

3862

STORIES

3

YEAR BUILT

1795

SPRINKLERS

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PARKING SPACES

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LAND DETAILS

LAND ACRES

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LAND SF

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ZONING

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APN/PARCEL ID

28-002-041