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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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103 S State St. NEWTOWN, PA $1,495,000

  • $1.5M Price
  • .08 Acres
  • 198 DOM
  • $1.5M Price
  • .08 Acres
  • 198 DOM

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103 S State St

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.

Essential Information

  • MLS® #1009957780
  • Price$1,495,000
  • Bathrooms0.00
  • Acres0.08
  • Year Built1795
  • TypeMulti-Family
  • Sub-TypeDetached
  • StyleOther
  • StatusActive

Community Information

  • Address103 S State St
  • AreaNewtown Boro (10128)
  • Subdivision000
  • CityNEWTOWN
  • CountyBUCKS-PA
  • StatePA
  • Zip Code18940

Amenities

  • ParkingStreet

Interior

  • CoolingWall Unit

Exterior

  • ExteriorWood, Stone

School Information

  • DistrictCOUNCIL ROCK

Additional Information

  • ZoningVC
  • HOA Fee$0
  • TAX Amount$9,061
  • TAX Year2018
  • TAX / Year$9,061
  • TAX payment frequencyAnnually

Listing Details

Office

SVN-Ahia Commercial Real Estate

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SVN-Ahia Commercial Real Estate.

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Listing information last updated on April 19th, 2019 at 1:31pm EDT.