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- LoopNet Team
103 S State St
Newtown, PA 18940
Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Mixed-use retail/investment opportunity
- 2,800 SF ground floor retail/showroom available for lease ($28.50 SF/yr-NNN)
- Heavy pedestrian traffic
- Central downtown location directly across from Starbucks
- 2nd floor bi-level apartment unit (presently leased)
- Amidst significant local, high-end redevelopment
PROPERTY FACTS
ABOUT 103 S STATE ST , NEWTOWN, PA 18940
Truly exceptional retail investment opportunity in the heart of Historic Newtown Boro, Bucks County, Pennsylvania. The property offers a stately presentation in an uncompromising environment comprised of historic significance and modern relevance. Originally built circa 1795 and expanded over time, this free-standing mixed-use property features over 2,800 square feet of prime retail space on the main level (presently home to a well-established florist, est. 1960) and a 3-4 bedroom apartment above, offering Tenants access to an incomparable downtown living experience.The Historic Torbert House is positioned adjacent to two National Credit Tenants (Starbucks and Athleta) and proximate to the iconic Steepleview project - a $100MM redevelopment project which is underway in the Borough of Newtown(Phase 1 is complete). This offering represents a unique and truly extraordinary opportunity to establish a business in the center of Newtown Borough's retail renaissance.
PROPERTY TAXES
| Parcel Number | 28-002-041 | Improvements Assessment | $44,760 |
| Land Assessment | $11,240 | Total Assessment | $56,000 |
PROPERTY TAXES
