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About the Listing COMPASS16 - 3315061
An exceptional mixed-use investment opportunity in the heart of downtown New Hope. Prominently positioned along one of the borough's most visible commercial corridors, this fully renovated property consists of three commercial storefronts and six residential apartments, offering a rare combination of strong in-place income, recent capital improvements, and long-term upside in one of Bucks County's most sought-after destinations. The commercial component benefits from excellent street exposure, steady foot traffic, and established tenants, while the residential offerings include a desirable mix of one- to four-bedroom apartments that command strong rental demand. Five of the six residential units have undergone extensive recent renovations, including updated kitchens, bathrooms, flooring, lighting, appliances, and fresh interior finishes. Several units feature multi-level, luxurious townhouse-style layouts, exposed brick, and private outdoor spaces, further enhancing their appeal. Ownership has made substantial investments throughout the property, including exterior painting and maintenance, renovated common areas, new patios and decks, upgraded steps and footings, and roof improvements. A valuable private parking lot located behind the buildings provides a significant competitive advantage in downtown New Hope, where dedicated parking is increasingly difficult to secure. Residents and commercial tenants alike benefit from convenient off-street parking while remaining just steps from the town's renowned restaurants, galleries, boutiques, entertainment venues, and the Delaware River. With a diverse income stream, attractive tenant mix, extensive recent improvements, and an irreplaceable downtown location, this is a rare opportunity to acquire a high-performing investment asset in the center of New Hope, PA.
Listing Highlights
Status
Active
Days on Site
3
Property Type
Commercial Sale
MLS ®
PABU2124120
Year Built
1800
Total Square Footage
8,247
Lot/Acreage
0.32
Interior Details
- Bedrooms: 0
- Bathrooms: 0 Full
- Appliances:
- Air Cond: Wall Unit,Ductless/Mini-Split
- Heating: Baseboard - Hot Water,Radiator
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water: Public
Exterior Details
- Lot Description: Level,Premium,Not New Construction,Horse Property: No
- Garage Capacity: N/A
- Parking Spaces: 15
- Lot Dimensions: 0.00 x 0.00
- Zoning: CC
- Roof:
- Others: Excellent
- Sewer: Public Sewer
- Parking Features: Private,Parking Lot,4+ Spaces,3+ Spaces,2+ Spaces,1+ Spaces
Financial Details
- Tax Amount: $20,655
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: 2025
Payment Calculator
Monthly Payment
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- in Taxes
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Questions About..
12 12-20 W Bridge St New Hope, PA 18938
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