83-85 S Main St - Storefront Retail/Residential FOR SALE


New Hope, PA 18938
$1,460,000 USD
215-317-5565
83-85 S Main St, New Hope, PA for Sale
$1,460,000 USD
Storefront Retail/Residential - FOR SALE
1/17
null | Request Cap Rate

83-85 S Main St
New Hope, PA 18938


OVERVIEW

Mixed use 5 unit building in the heart of downtown historic New Hope, this property features three street retail/special purposes units and two apartments. The commercial tenants feature a variety of uses (from general retail to a contractor's sales office and clairvoyant/psychic readings) and the majority have been in business for many years. Both apartments are studio style and recently renovated. Off street parking for the residential tenants is highly sought after, and makes leasing vacancies easy. Located next door to the town's Tourist Center, and surrounded by thriving restaurants, taverns, shops, and more, this is a rare chance to own part of the hottest small town in the Delaware Valley.

FOR SALE DETAILS

PRICE

$1,460,000 USD

PRICE/SF

$423 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1939

SPRINKLERS

-

PARKING SPACES

2

LAND DETAILS

LAND ACRES

0.11 AC

LAND SF

4,792 SF

ZONING

CC

APN/PARCEL ID

27-010-090-004

ASK ABOUT THIS PROPERTY

Steve DarlingtonBHHS Fox & RoachMore Info
215-317-5565

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Steve DarlingtonBHHS Fox & RoachMore Info
215-317-5565

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