Lease to Own
Address
101 S State Street Newtown, PA
Price
$ 1,525,000
Property Attributes
  • MLS#PABU488258
  • TypeCommercial
  • CountyBUCKS
  • CityNewtown
  • AreaNewtown Boro
  • Zip18940
  • StyleRestaurant/Bar,/General Retail
  • Year Built1768
  • Taxes9855
  • Price$ 1,525,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage4550
  • Lot Size3,485 SqFt
Listing Provided Courtesy Of:
Blancato, LLC
Property Description

Located in the center of historic Newtown Boro. The Thorton House circa 1747 was completely renovated in 2006 as a restaurant. Zoned TC which allows for almost any commercial use including retail, office or residential. Improvements consisting of all new electric, plumbing, structural, gas hook-ups, 4 zone HVAC, sprinkler system, and ADA compliant. Also available is a full R type Liquor License and Business assets under separate MLS listing PABU480086. Owners will consider lease purchase.

Price History
1/31/2020 Listed $1,525,000

General Features

Acceptable Financing Conventional
Accessibility Level Entry - Main
Business Type Restaurant/Bar, Other/General Retail
Construction Materials Masonry, Stone
Cool Fuel Electric, Natural Gas
Cooling Heat Pump(s)
County BUCKS
Exclusions None
Heating Forced Air
Location Type Business District
MLS Area Newtown Boro (10128)
New Construction No
Ownership Fee Simple
Possession Negotiable
Price Per Sq Ft 335.16
Property SubType Mixed Use
Property Type Commercial Sale
Real Estate Owned Y/N No
Security Features Fire Detection System, Security System, Surveillance Sys, Carbon Monoxide Detector(s)
Sewer Public Sewer
Tax Year 2020
Vacation Rental Y/N No
Water Access Y/N No
Zoning VC
Zoning Description Village Commercial which allows for most commercial uses

Interior Features

Central Air Y/N No
Heating Fuel Natural Gas
Heating Y/N Yes
Hot Water Natural Gas
Total Restrooms 6

Exterior Features

Building Area Total 4550.00
Lot Dimensions 33.00 x 106.00
Lot Size Acres 0.08
Lot Size Source Assessor
Lot Size Square Feet 3498.00
Navigable Water Y/N No
Type of Parking None
Water Oriented Y/N No
Water Source Public
Water View Y/N No
Waterfront Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 18940

Price
AVG $1.57M
$1.53M
Taxes
AVG $32,948
$9,855
Visits
AVG 53
59
Year Built
AVG 1913
1768
Walkscore
AVG 46
73
Data Provided by Walkscore ® not using MLS data

Looking for a more comfortable experience?

Download our mobile app for a personalized browsing experience.