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    103 S State Street

    NEWTOWN, PA 18940
    • $1,250,000
    • STATUS: Active
    • ON SITE: 82 days
    • ID#: PABU2001848
    UPDATED: 17 min ago
    $1,250,000
    • 0
      BEDS
    • 0.08
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Commercial
    Built:
    1795
    County:

    School Ratings & Info

    School District:

    Description

    In the center of downtown historic Newtown Borough, located by the corner of one of the primary intersections and across the street from Starbucks sits this great investment or owner-operator opportunity: The Torbert House, circa 1795. Enjoy tons of foot traffic and large display windows in the main storefront, which has been a popular flower shop for decades, with over 2,800 SF of retail & back office space including a bright, multi-story solarium/atrium with brick floors and loft. Join the booming local growth including the Steepleview Project (110 luxury condos) and other major-draw tenants (retail, food, and entertainment) that are flocking to the area. Passive income from the second floor 3 Bedroom apartment (currently occupied) offsets costs or could offer additional back office or owner+GGs residence. Located close to the municipal parking lot, this location can cater to both tourists and locals alike, and is convenient to Route 332 and I-295 (formerly I-95). Do not approach the occupants or show without an appointment.

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    ©2021 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 Paula Cashion | Keller Williams Central Delaware. 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: 2021-09-22T19:52:57.043.
    www.paulacashion.com/homes/118908905
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    103 S State Street NEWTOWN, PA 18940

    • Price: $1,250,000
    • Status: Active
    • Updated: 17 min ago
    • ID#: PABU2001848
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.08
    Acres
    1795
    Built
    Neighborhood:
    Newtown Boro (10128)
    County:
    Bucks
    Area:
    Newtown Boro (10128)
    School District:
    Council Rock
    Property Description
    In the center of downtown historic Newtown Borough, located by the corner of one of the primary intersections and across the street from Starbucks sits this great investment or owner-operator opportunity: The Torbert House, circa 1795. Enjoy tons of foot traffic and large display windows in the main storefront, which has been a popular flower shop for decades, with over 2,800 SF of retail & back office space including a bright, multi-story solarium/atrium with brick floors and loft. Join the booming local growth including the Steepleview Project (110 luxury condos) and other major-draw tenants (retail, food, and entertainment) that are flocking to the area. Passive income from the second floor 3 Bedroom apartment (currently occupied) offsets costs or could offer additional back office or owner+GGs residence. Located close to the municipal parking lot, this location can cater to both tourists and locals alike, and is convenient to Route 332 and I-295 (formerly I-95). Do not approach the occupants or show without an appointment.
    Exterior Features

    Construction Materials FrameStone Garage YN No Location Type Downtown Parking Types None Riparian Rights YN No Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

    Interior Features

    Building Area Total 3862.00 Cooling Window Unit(S)Wall Unit Exclusions Tenants Personal Property And Business Property Heating Forced AirRadiatorRadiantHot Water Heating YN Yes Net Square Feet 3862.00

    Property Features

    Accessibility Features None Assessment Year 2021 Association YN No Business Type Other/General Retail Central Air YN No Cooling Fuel Electric Heating Fuel Natural Gas Hot Water Electric Municipality Newtown Boro Navigable Water YN N New Construction YN No Number Of Units Total 2 Original MLSNumber 800816466056 Ownership Interest Fee Simple Possession 31-60 Days Cd61-90 Days Cd Property Sub Type Retail Sale Type Standard Sewer Public Sewer Tax Annual Amount 9660.00 Tax Assessment Amount 56000.00 Tax Lot 041 Vacation Rental YN No Water Source Public Year Built Effective 1995 Zoning Tc Zoning Description Town Center

    Listing courtesy of Bhhs Fox & Roach-New Hope.


    ©2021 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 Paula Cashion | Keller Williams Central Delaware. 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: 2021-09-22T19:52:57.043.
     
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    Paula Cashion | Keller Williams Central Delaware
    1671 S. State Street
    Dover DE, 19901