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1720 Nostalgia Events - Bar & Restaurant 136 E Butler Ave

8,500 SF Retail Building Chalfont, PA 18914 $1,999,900 ($235/SF)

Investment Highlights

  • Recently renovated ballroom which can accommodate up to 280 guests.
  • Bridal and Groom Suite
  • Rooms upstairs with full kitchen and bathroom
  • Commercial kitchen
  • Restaurant/Bar

Executive Summary

Discover the rich history of this iconic inn, nestled in the heart of Chalfont, Bucks County. Spanning nearly 8,500 sq ft, this property masterfully combines historic charm with modern amenities. Set on 3 picturesque acres, it features a banquet facility and restaurant on the main level, with additional rooms, a kitchen, and a full bathroom on the second floor.
Built in 1720 by Simon Mathews, a key figure in Chalfont's founding, this property is the 5th oldest working building in Pennsylvania. The restaurant, seating six tables, is steeped in history and charm, showcasing Moravian tiles from 1850, the Matthews family crest, and an antique bread oven. It also includes a five-stool bar.
In 1986, a grand ballroom was added to the original farmhouse and recently remodeled. It boasts 21 ft vaulted ceilings with skylights, wood trusses, nine triple double casement windows, and LED lighting embedded in double crown molding, creating a spectacular event setting. With a large dance floor and a newly added bar built from repurposed wood from the building, it can comfortably host up to 280 guests.
The additional fenced outdoor space includes a gazebo, deck, and patio, with a service ramp. The event venue is complete with a coat check area, bridal suite, and groom's suite. The large commercial kitchen is equipped with two walk-in coolers (one freezer, one refrigerator), prep areas with three-compartment sinks, and ample dry storage.
The upper level features two bonus rooms with pumpkin pine floors, closet space, and a wood-burning fireplace. There is also a kitchen, full bathroom, and carpeted space currently used as an office. The property is secured with 33 cameras and a fire alarm system.
This property offers a unique opportunity to own a well-established event venue, ready to be cherished for generations to come.

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Restaurant
Building Size
8,500 SF
Building Class
B
Year Built
1880
Price
$1,999,900
Price Per SF
$235
Tenancy
Single
Building Height
2 Stories
Building FAR
0.07
Land Acres
2.88 AC
Zoning
CC - Corridor Commercial District allows for a variety of commercial uses
Parking
110 Spaces (12.94 Spaces per 1,000 SF Leased)
Frontage
147 FT on East Butler Avenue

Amenities

  • Courtyard
  • Pylon Sign
  • Accent Lighting
  • Air Conditioning
  • Smoke Detector

MAJOR TENANTS

  • Tenant
  • Industry
  • SF OCCUPIED
  • RENT/SF
  • Lease End
  • Nostalgia 1720 LLC
  • Arts, Entertainment, and Recreation
  • -
  • -
  • -

Welcome to 1720, where history meets elegance and modern sophistication in the heart of Chalfont, PA. Our breathtaking venue, nestled within a historic 18th-century farmhouse, offers the perfect blend of timeless charm and contemporary luxury, making it an ideal setting for both Nostalgia Events and our exquisite Bar & Restaurant.

Tenant Industry SF OCCUPIED RENT/SF Lease End
Nostalgia 1720 LLC Arts, Entertainment, and Recreation - - -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
07-008-011-003
Land Assessment
$30,320
Improvements Assessment
$98,080
Total Assessment
$128,400
  • Listing ID: 33191231

  • Date on Market: 9/16/2024

  • Last Updated:

  • Address: 136 E Butler Ave, Chalfont, PA 18914

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