6522 Lower York Road New Hope, PA $ 2,500,000
6522 Lower York Road
$ 2,500,000
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6522 Lower York Road

New Hope, PA, 18938
$ 2,500,000
Baths0.0 Sq 4,950

Monthly Estimate*

$ 16,616

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Studio

Commercial Property for sale in New Hope, PA

for $2,500,000. This 4,950 square foot building was built in 1950 on a lot size of 1.24.

New Hope Family Restaurant -- available for the first time since 1963 ! This prime highway-front location just outside historic, downtown New Hope, PA on the river border with New Jersey, this 188 seat (max) restaurant has been a staple of the greater Central Bucks County area for generations and is a prime location for a restaurant OR MANY OTHER APPROVED USES. Having sustained an owner-operator for an entire career, and later decades of successful tenants, this one-of-a-kind location is ready for its next steward. Bring your talents to the only eating establishment of its kind for miles, with ample parking in excess of 88 cars, 2 driveways, 18,000 average daily traffic count, 280' of highway frontage, and an iconic large pole sign which draws the eyes and stands out amongst the adjacent businesses. No local competition, with strong area income demographics, the building could lend itself easily to another style of eating place, and has a history of hosting small parties/events in some of its partitioned dining rooms. Close to the bridge to New Jersey and popular commuting highways, including the primary route to I-78 and Northern NJ/NYC and I-295 to Philadelphia/Southern NJ and points South. Beat the mortgage market with Seller Financing available at competitive rates! Also available for Lease.

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Commercial Active

Price

$ 2,500,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 18,496

Style

Restaurant/Bar,Banquet Facility/Lodge

Lot Size

1.24

Year Built

1950

Town/City

New Hope

County/Region

Bucks

MLS | Web ID

PABU2063338

Features
Interior
Heating Fuel Natural Gas
Hot Water Electric
Heating Y/N Y
Street Suffix ROAD
Central Air Y/N Y
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General
Sewer Public Sewer
Heating Forced Air
Cooling Central A/C
Possession 31-60 Days CD 61-90 Days CD
Zoning TNC
Construction Materials Frame Mixed
Year Built 1950
Property SubType Retail
Tax Year 2022
Percent Ownership Fee Simple
Cool Fuel Electric
Municipality SOLEBURY TWP
Business Type Restaurant/Bar Banquet Facility/Lodge
Accessibility Ramp - Main Level
County BUCKS
New Construction N
Property Type Commercial Sale
Water Access Y/N N
Status ACTIVE
Directions From downtown New Hope/New Jersey take SR 202 ( Lower York Rd ) South past the Logan Square shopping center to Property on Left (South side of highway)
City NEW HOPE
Buyer Agent Compensation 2.5
Zoning Description Traditional Neighborhood Commercial district of Solebury Township
Total Units 0
MLS Area Solebury Twp (10141)
Lot Size Square Feet 54014.40
Waterfront Y/N N
Street Name LOWER YORK
Tax Annual Amount 18496.0
Price Per Sq Ft 426.55
Acceptable Financing Seller Financing Conventional Cash
Lease Considered Y/N Y
Vacation Rental Y/N N
Days on Market 110
Location Type Highway
Standard Status Active
Year Built Source Estimated
Tax Lot 135
Buyer Agent Compensation Type % Of Gross
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Exterior
Parking Features Private Handicap Parking
Water Source Well
Inclusions FF&E as built
Type of Parking Parking Lot
Water View Y/N N
Building Area Total 5861.00
Lot Dimensions 280.00 x 240.00
Lot Size Acres 1.24
Road Surface Type US Highway/Interstate
Lot Size Units Square Feet
Lot Size Source Estimated
Road Responsibility State
Land Assessed Value 31040.00
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 6522
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* Excluded Features
List By
Bhhs Fox & Roach-New Hope

Broker

steve.darlington@foxroach.com

Email

Affordability Calculator

$18,157
Per Month
92%
8%
0%
Monthly Principal & Interest
$16,616
Monthly Property Taxes
$1,541
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% 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
4/9/2024$2,500,000 -9.09% Price Down
3/7/2024$2,750,000 -5.17% Price Down
2/13/2024$2,900,000 -9.38% Price Down
1/13/2024$3,200,000 Listed Price

Map


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6522 Lower York Road, New Hope, PA, 18938 is a Commercial Property for sale at $2,500,000 with 4,950 sqft and a lot size of 1.24. 6522 Lower York Road is a studio with 0.0 baths and was built in 1950. The property's zip code is 18938 which is in New Hope, PA