41 N Main St,NEW HOPE, PA 18938
NEW HOPE, PA 18938
Description
One of the best buildings in New Hope is now for sale!!! Positioned in the heart of downtown, 41 N Main Street presents a rare opportunity to acquire one of the borough's most iconic and historically significant commercial properties. Rich in character and deeply woven into the fabric of New Hope's history, this landmark building formerly served as the Town Hall, Police Department, and original Firehouse, offering an irreplaceable presence along one of Bucks County's most coveted locations. The property is anchored by a highly successful, established restaurant and café operation with strong lease terms, providing dependable income and long-term stability. Further enhancing the investment profile is a separately operated 19-space parking lot with a self-operating kiosk, generating direct revenue for ownership and creating a valuable income stream in a market where parking is at a premium. Additional income-producing components include a well-maintained two-bedroom residential apartment, four professional office suites, and a detached four-car garage, creating a diversified and resilient investment opportunity. Multiple revenue streams combine to produce an attractive cap rate and exceptional long-term value. Meticulously maintained and strategically located amidst New Hope's vibrant collection of restaurants, boutiques, galleries, luxury residences, and year-round tourism, 41 N Main Street offers investors the rare combination of historic significance, stable cash flow, and future appreciation potential. Opportunities of this caliber rarely become available. Whether seeking a legacy asset, a cash-flowing investment, or a cornerstone property in one of Pennsylvania's most desirable destinations, 41 N Main Street represents a truly exceptional acquisition.
Details
| MLS # | PABU2123144 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active-bright |
| Year | 1900 |
| Days On Site | 93 |
| Listing Provided By | Compass Pennsylvania, LLC | Revi M Haviv |
Features
| Units | 3 |
|---|---|
| Zoning | CC |
| Acreage | 0.34 |
| Property View | Street |
Interior
| Cooling | Central A/C |
|---|---|
| Heating Yes / No | Yes |
| Heating | Hot Water, Heat Pump(s) |
Exterior
| Construction Materials | Brick, Frame |
|---|
Parking
| Garage Yes / No | No |
|---|---|
| Parking Features | Unassigned, Private, Public |
Taxes
| Tax Annual Amount | 11512 |
|---|
Area Information
| State | PA |
|---|---|
| County | BUCKS PA |
| City | NEW HOPE |
| Zip Code | 18938 |
| Area | New Hope Boro (10127) |
| School District | NEW HOPE-SOLEBURY |
| Listing VS Median (in 18938) | |
Price: $2,885,000 low | high Med: $1,325,000 On site: 93 low | high Med: 18 | |
Market Activity 18938
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Learn More About This Property
| State | PA |
|---|---|
| County | BUCKS PA |
| City | NEW HOPE |
| Zip Code | 18938 |
| Area | New Hope Boro (10127) |
| School District | NEW HOPE-SOLEBURY |
| Listing VS Median (in 18938) | |
Price: $2,885,000 low | high Med: $1,325,000 On site: 93 low | high Med: 18 | |
