An exceptional mixed-use investment opportunity in the heart of downtown New Hope. Prominently positioned along one of the borough's most visible commercial corridors, this fully renovated property consists of three commercial storefronts and six residential apartments, offering a rare combination of strong in-place income, recent capital improvements, and long-term upside… Read More in one of Bucks County's most sought-after destinations. The commercial component benefits from excellent street exposure, steady foot traffic, and established tenants, while the residential offerings include a desirable mix of one- to four-bedroom apartments that command strong rental demand. Five of the six residential units have undergone extensive recent renovations, including updated kitchens, bathrooms, flooring, lighting, appliances, and fresh interior finishes. Several units feature multi-level, luxurious townhouse-style layouts, exposed brick, and private outdoor spaces, further enhancing their appeal. Ownership has made substantial investments throughout the property, including exterior painting and maintenance, renovated common areas, new patios and decks, upgraded steps and footings, and roof improvements. A valuable private parking lot located behind the buildings provides a significant competitive advantage in downtown New Hope, where dedicated parking is increasingly difficult to secure. Residents and commercial tenants alike benefit from convenient off-street parking while remaining just steps from the town's renowned restaurants, galleries, boutiques, entertainment venues, and the Delaware River. With a diverse income stream, attractive tenant mix, extensive recent improvements, and an irreplaceable downtown location, this is a rare opportunity to acquire a high-performing investment asset in the center of New Hope, PA. Read Less
Courtesy of Revi M Haviv, Compass Pennsylvania, LLC 215-449-0123
Listing Snapshot
Days Online
22
Last Updated
Property Type
Commercial
Square Ft.
8,247
Lot Size
0.32 Acres
Year Built
1800
MLS Number
PABU2124120
Additional Details
Building
Built in 1800, Built in 2025 (effective), Construction Materials: Frame
Cooling
Wall Unit, Ductless/Mini-Split
Accessibility Features
Level Entry - Main
Foundation
Concrete Perimeter
Heating
Baseboard - Hot Water, Radiator
Lot
0.32 acres, Dimensions: 0.00 x 0.00, Level, Premium
Parking
Private
Property
Excellent, City
Sewer
Public Sewer
Taxes
Annual Amount: $20,655, Lot: 028, Year: 2025, Zoning: CC
Utilities
Water Source: Public
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