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267-566-0999

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Russell Volk

REALTOR®

  • Office (215) 328-4800
  • Cell (267) 566-0999
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16 S State St. NEWTOWN, PA $1,280,000

  • $1.3M Price
  • 4,600 Sqft
  • .06 Acres
  • 379 DOM
  • $1.3M Price
  • 4,600 Sqft
  • .06 Acres
  • 379 DOM

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16 S State St

Side by side twin building with 4600 total sq.ft. Upgraded and fully improved Historic building in the heart of Historic Newtown's prime business district. Lots of historic character and charm. Considered the best location in the business district with the highest traffic & visibility situated between the 2 main walkways that service the municipal parking lot. Many, many upgrades including 50 yr. synthetic slate roof, EP Henry sidewalk, 4 HVAC units (each floor of the building has its own HVAC system and thermostat, high efficiency windows, remodeled powder rooms., re-pointed chimneys and stone, etc. Leases expire at different times and user can occupy space in a short period of time if purchasing as user/investor. Varied mix of retail, office and commercial tenants. Building is completely wired for both FIOS and Comcast internet. Best retail/commercial/office location in the premier block of the business district and building commands the highest rental values. Purchaser to be sufficiently capitalized and qualified to purchase. This property is advisable for the user/investor combination where the purchaser can have their business and and have an investment all in one package with additional rental income to support almost the entire mortgage depending on the square footage occupied. Most tenants have occupied the buildings for multiple years.

Essential Information

  • MLS® #1003286910
  • Price$1,280,000
  • Bathrooms0.00
  • Square Footage4,600
  • Acres0.06
  • Year Built1830
  • TypeCommercial Sale
  • Sub-TypeRetail
  • StatusActive

Community Information

  • Address16 S State St
  • AreaNewtown Boro (10128)
  • SubdivisionNONE AVAILABLE
  • CityNEWTOWN
  • CountyBUCKS-PA
  • StatePA
  • Zip Code18940

Amenities

  • ParkingPublPark
  • ViewStreet

Utilities

Water Available, Sewer Available, Natural Gas Available, Electric Available, Phone, Cable TV Available, Above Ground

Interior

  • CoolingCentral A/C

Heating

Central, Heat Pump(s), Forced Air

Exterior

  • ExteriorWood, Brick and Siding
  • FoundationStone

Exterior Features

Highway Exposure, Public Transport Nearby, Sign

Lot Description

Level, Not In Development, Rear Yard

Roof

Flat, Pitched, Metal, Slate, Rubber

School Information

  • DistrictCOUNCIL ROCK
  • HighCOUN. ROCK

Additional Information

  • ZoningVC
  • HOA Fee$0
  • TAX Amount$9,838
  • TAX Year2018
  • TAX / Year$9,838
  • TAX payment frequencyAnnually

Listing Details

  • OfficeM Riccardi Agency
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M Riccardi Agency.

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Listing information last updated on September 23rd, 2019 at 1:32am EDT.