12-20 W Bridge St - Storefront FOR SALE


New Hope, PA 18938
$3,985,000 USD
845-492-1315
12-20 W Bridge St, New Hope, PA for Sale
$3,985,000 USD
Storefront - FOR SALE
1/64
null | Request Cap Rate

12-20 W Bridge St
New Hope, PA 18938


OVERVIEW

An exceptional mixed-use investment opportunity in the heart of downtown New Hope. Prominently positioned along one of the borough's most visible commercial corridors, this fully renovated property consists of three commercial storefronts and six residential apartments, offering a rare combination of strong in-place income, recent capital improvements, and long-term upside in one of Bucks County's most sought-after destinations. The commercial component benefits from excellent street exposure, steady foot traffic, and established tenants, while the residential offerings include a desirable mix of one- to four-bedroom apartments that command strong rental demand. Five of the six residential units have undergone extensive recent renovations, including updated kitchens, bathrooms, flooring, lighting, appliances, and fresh interior finishes. Several units feature multi-level, luxurious townhouse-style layouts, exposed brick, and private outdoor spaces, further enhancing their appeal. Ownership has made substantial investments throughout the property, including exterior painting and maintenance, renovated common areas, new patios and decks, upgraded steps and footings, and roof improvements. A valuable private parking lot located behind the buildings provides a significant competitive advantage in downtown New Hope, where dedicated parking is increasingly difficult to secure. Residents and commercial tenants alike benefit from convenient off-street parking while remaining just steps from the town's renowned restaurants, galleries, boutiques, entertainment venues, and the Delaware River. With a diverse income stream, attractive tenant mix, extensive recent improvements, and an irreplaceable downtown location, this is a rare opportunity to acquire a high-performing investment asset in the center of New Hope, PA.

FOR SALE DETAILS

PRICE

$3,985,000 USD

PRICE/SF

$483 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1900

SPRINKLERS

-

PARKING SPACES

15

LAND DETAILS

LAND ACRES

0.33 AC

LAND SF

14,157 SF

ZONING

CC

APN/PARCEL ID

27-010-028

ASK ABOUT THIS PROPERTY

Revi HavivCompass RE New HopeMore Info
845-492-1315

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Revi HavivCompass RE New HopeMore Info
845-492-1315

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.