415 S York Road New Hope, PA $ 5,950,000
415 S York Road
$ 5,950,000
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415 S York Road

New Hope, PA, 18938
$ 5,950,000
Baths0.0 Sq 20,964

Monthly Estimate*

$ 41,563

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Studio

Commercial Property for sale in New Hope, PA

for $5,950,000. This 20,964 square foot building was built in 1966 on a lot size of 2.41.

Introducing one of Bucks County's most frequently visited and highly regarded shopping centers: 415 South York Rd, located in vibrant New Hope, PA. Available to market for only the third time in over fifty years, the building is comprised of four income producing units. Positioned at the intersection of Route 179 & Route 202, the location offers exceptional exposure and is visible to over 21,000+ vehicles daily. With a high occupancy rate by reputable anchor tenants with solid lease terms, 415 South York Rd is an incredible opportunity for well seasoned investors to capitalize on a steady revenue stream. The building has been meticulously cared for and offers convenient parking for over 137 vehicles (electric charging station included). The majority of commercial shopping centers are typically too large, run down, not fully leased or located in isolated environments.....but not 415 South York Rd! This property is approachable without being intimidating, is sleek in style and most importantly, provides a smart return on your investment in an area where property values and tourism traffic continue to climb annually. Landmarks such as The Riverhouse at Odette's, The Logan Inn, The Bucks County Playhouse and The Lambertville Station (just to name a few) continue to drive the local economy in an upward trajectory. Now is your opportunity to secure a prominent piece of Bucks County commercial real estate, a sophisticated addition to diversify your portfolio.

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Commercial Active

Price

$ 5,950,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 55,426

Style

Supermarket/Grocery Store,,Shopping Center,Storage

Lot Size

2.41

Year Built

1966

Town/City

New Hope

County/Region

Bucks

MLS | Web ID

PABU2066160

Features
Interior
Heating Fuel Electric Natural Gas
Flooring Concrete
Hot Water Electric
Heating Y/N Y
Street Suffix ROAD
Central Air Y/N Y
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General
Sewer Public Sewer
Heating 90% Forced Air
Cooling Central A/C
Possession 0-30 Days CD
Roof Flat Rubber
Zoning TNC
Security Features Fire Detection System
Construction Materials Combination Concrete
Exclusions Liquor license teak outdoor furniture & iron planters
Year Built 1966
View Street
Property SubType Retail
Tax Year 2022
Percent Ownership Fee Simple
Cool Fuel Electric Natural Gas
Municipality SOLEBURY TWP
Business Type Supermarket/Grocery Store Other Shopping Center Storage Restaurant/Bar Professional Other/General Retail Health Club Hair Salon and Spa
Accessibility Level Entry - Main
County BUCKS
New Construction N
Property Type Commercial Sale
Possible Use Barber/Beauty Clothing Commercial Convenience Store Dry Cleaner Florist/Nursery Flex Space Financial Food & Beverage Food Market Investment Medical/Dental Office Parking Professional Service Restaura
Water Access Y/N N
Status ACTIVE
Directions Intersection of Route 179 and Route 202
City NEW HOPE
Buyer Agent Compensation 2
Total Units 0
MLS Area Solebury Twp (10141)
Lot Size Square Feet 104797.00
Waterfront Y/N N
Street Name YORK
Tax Annual Amount 55426.0
Property Condition Excellent
Price Per Sq Ft 283.82
Vacation Rental Y/N N
Days on Market 51
Location Type Free Standing
Standard Status Active
Year Built Source Estimated
Tax Lot 151-001
Buyer Agent Compensation Type % Of Gross
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Exterior
Parking Features Paved Parking Public
Lot Features Premium Road Frontage
Water Source Well
Type of Parking Parking Lot
Foundation Details Slab
Water View Y/N N
Building Area Total 20964.00
Lot Size Acres 2.41
Lot Size Units Square Feet
Lot Size Source Estimated
Land Assessed Value 37400.00
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 415
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* Excluded Features
List By
Addison Wolfe Real Estate

Broker

revimichele@gmail.com

Email

Affordability Calculator

$46,181
Per Month
90%
10%
0%
Monthly Principal & Interest
$41,563
Monthly Property Taxes
$4,619
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
2136830 Elementary School
2137124 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
3/25/2024$5,950,000 -6.67% Price Down
3/11/2024$6,375,000 Listed Price

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415 S York Road, New Hope, PA, 18938 is a Commercial Property for sale at $5,950,000 with 20,964 sqft and a lot size of 2.41. 415 S York Road is a studio with 0.0 baths and was built in 1966. The property's zip code is 18938 which is in New Hope, PA