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Contact Russell Volk

267-566-0999

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Russell Volk

REALTOR®

  • Office (215) 328-4800
  • Cell (267) 566-0999
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40 S Main St. NEW HOPE, PA $1,850,000

  • $1.9M Price
  • 3,267 Sqft
  • .1 Acres
  • 87 DOM
  • $1.9M Price
  • 3,267 Sqft
  • .1 Acres
  • 87 DOM

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40 S Main St

****AMAZING CENTER-OF-TOWN INVESTMENT OPPORTUNITY *** Fully leased mixed-use building in New Hope's best Main Street retail location. Directly across from the Logan Inn and steps to the reknowned Bucks County Playhouse. Two doors down from the popular Ferry Market. Two retail spaces plus one 1-bedroom apartment. Six on-site parking spaces. Retail tenants enjoy tremendous foot traffic generated by surrounding restaurants, shops, theater, and riverfront promenade. Long-time main floor tenant operates successful New Hope Apparel Co. Ferry St tenant operates Alta's Kitchen, a French style gourmet cafe. One upstairs residential unit with beautiful architectural features and updated granite/stainless kitchen.... still plenty of rental upside with further renovation to take the unit to the next level. $117,000 of in-place building rents. A wonderful investment opportunity for long-term multi-generational hold in a 5-star location in New Hope's booming downtown. Call today before its too late.

Essential Information

  • MLS® #PABU2070376
  • Price$1,850,000
  • Bathrooms0.00
  • Square Footage3,267
  • Acres0.10
  • Year Built1870
  • TypeCommercial Sale
  • Sub-TypeMixed Use
  • StatusActive

Community Information

  • Address40 S Main St
  • AreaNew Hope Boro (10127)
  • CityNEW HOPE
  • CountyBUCKS-PA
  • StatePA
  • MunicipalityNEW HOPE BORO
  • Zip Code18938

Amenities

  • ViewCity

Interior

  • HeatingBaseboard - Hot Water
  • # of Stories3

Cooling

Ductless/Mini-Split, Window Unit(s)

Exterior

  • ExteriorWood, Brick and Siding
  • Lot DescriptionCorner Lot
  • RoofAsphalt, Shingle

School Information

  • DistrictNEW HOPE-SOLEBURY

Additional Information

  • ZoningCC
  • HOA Fee$0
  • TAX Amount$11,694
  • TAX Year2024
  • TAX / Year$11,694
  • TAX payment frequencyAnnually

Listing Details

  • OfficeAddison Wolfe Real Estate
  • Office Contact(215) 862-5500
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Addison Wolfe Real Estate.

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Listing information last updated on August 24th, 2024 at 8:30am EDT.