50 W BRIDGE ST, New Hope, PA 18938 - For Sale
Commercial - NEW HOPE, PA Union Square: The #1 Commercial Complex in Downtown New Hope PA and a prime location in the surrounding area for any Bucks County PA/Hunterdon County NJ tenant searching for true Class A Office Space Restaurants/Brew Pub operations Creative Lofts Tech Startups Personal Services (medical spa hair etc) and more. Located in the heart of the downtown commercial district just across the boundary with NJ and with a secondary entrance just off the Route 202 highway. Union Square is always in high demand with currently 22+ tenants across 4 buildings with minimal/rare vacancies and a consistent quality rental history. Past two years P&L plus next year's projections ~ 7.5% CAP rate (under the very attractive assumable financing that's available). Beat the market on your Return on Investment. There are many happy longterm tenants in this modern converted industrial/loft complex. With a quality rent roll parking income and other revenue opportunities this fine commercial development is available for the first time and is set up to bring returns for many years to come. Please consult listing agents direct with inquiries do not approach or disturb the current tenants and/or patrons.
50 W BRIDGE ST - listing #1553023
- Type: Income/Investment
- Price: $35,000,000
- MLS#: 6446908
- Letest update: 04/21/15
Status: For Sale
Added: 2014-10-12 Updated: 2015-04-21
New Hope, PA 18938 US
215-862-3385 for more details.
Useful information about New Hope, PA 18938 location:
The population of this area is about 13,199. The Average count of Households in this area is 5,902. Black population is about 89, White Population is about 12,803, Hispanic Population is about 266, Asian Population is about 104, Hawaiian Population is about 7, Indian Population is about 19, Other Population is about 80. Average Houses in this area is 284,100. Average Income per Household is $72,983. Median Age of population is 45.9 years.
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Realtor Info
Agent Name: Stephen Darlington
Phone#: 215-862-3385
