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    103 S State Street

    NEWTOWN, PA 18940
    • $1,495,000
    • STATUS: Active
    • ON SITE: 709 days
    • ID#: 1009954148
    $1,495,000
    • 0
      BEDS
    • 0.08
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    000
    Type:
    Commercial
    Built:
    1795
    County:

    School Ratings & Info

    School District:

    Description

    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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    ©2020 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Keller Williams Realty - Matt Fetick Team. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2020-09-26T23:49:53.77.
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    103 S State Street NEWTOWN, PA 18940

    • Price: $1,495,000
    • Status: Active
    • ID#: 1009954148
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.08
    Acres
    1795
    Built
    Neighborhood:
    000
    County:
    Bucks
    Area:
    Newtown Boro (10128)
    School District:
    Council Rock
    Property Description
    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.
    Exterior Features

    Construction Materials Brick Garage YN No Parking Types None Riparian Rights YN No Sign On Property YN Y Water Access YN No Water Oriented YN No Waterfront YN No

    Interior Features

    Building Area Total 3498.00 Cooling None Fireplace YN No Heating None Net Square Feet 3498.00 Room List Primary Bedroom

    Property Features

    Accessibility Features None Association YN No Business Type OtherFlexOther/General RetailProfessionalRestaurant/Bar Central Air YN No Condo YN No Cooling Fuel None Cross Street East Centre Av Heating Fuel None Historic YN Yes Hot Water None Incorporated City Name Newtown Boro Navigable Water YN N New Construction YN No Original MLSNumber 300905498083:TREND Ownership Interest Fee Simple Possession 61-90 Days Cd Property Sub Type Retail Sale Includes Land And Building Sale Type Standard Sewer Public Sewer Tax Annual Amount 9061.00 Tax Assessment Amount 56000.00 Tax Lot 041 Vacation Rental YN No Water Source Public Zoning Vc

    Listing courtesy of Svn-Ahia Commercial Real Estate.


    ©2020 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Keller Williams Realty - Matt Fetick Team. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2020-09-26T23:49:53.77.
     
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    Keller Williams Realty - Matt Fetick Team
    210 S Mill Rd Suite 104
    Kennett Square PA, 19348