MLS® ID: 7269166

103 S STATE STREET

NEWTOWN, Pennsylvania, 18940

$1,495,000 Active
  • - SQFT
A truly exceptional retail investment opportunity in the Heart of Historic Newtown Boro, Bucks County, Pennsylvania. This property offers a stately presentation in an uncompromising environment with both 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). Once completed, the project will be the largest in the Borough's history. It is slated to include 110 Luxury Condominiums, a 5-story parking garage, town square, and more. Two additional National Credit Tenants have committed to the project (Banana Republic & Francesca's). The site is situated in the Newtown Borough 'Town Center' (TC) zoning district, which allows for a variety of uses by right. The demographics and foot traffic for a successful retail business are in place. This offering represents a unique and truly extraordinary opportunity to establish a business in the center of Newtown Borough's retail renaissance.
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Listing courtesy of SVN-Ahia Commercial Real Estate, Chichi E Ahia

Amenities

  • Full baths
    0
  • Half baths
    0
  • Zip
    18940
  • Office name
    SVN-Ahia Commercial Real Estate
  • Subdivision
    000
  • SQFT
    0
  • Bedrooms
    0
  • Property type
    Commercial Sale
  • Zoning type
    VC
  • School district
    COUNCIL ROCK
  • Year built
    1795
  • Lot size
    0.08
  • Sewer
    Public Sewer
  • Heating
    None
  • Agent name
    Chichi E Ahia
  • Purchase Type
    Active
  • Price Range
    $1.25m-$1.5m
  • Square Feet Range
    < 1000 sq ft.
  • Year Built Range
    1989 (and earlier)
  • Office ID
    55598
  • Agent ID
    3152490

Location

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