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Gregory & Stephanie Ireland

gregory@theirelandgroup.net +1(202) 550-0018

Listed by Revi Haviv • Compass Pennsylvania, LLC

$ 3,985,000

Est. payment | -/mo

0.32 Acres Lot

Save

$ 3,985,000

Est. payment | -/mo

Save

0.32 Acres Lot

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

MLS Listing ID PABU2124120

Year Built 1800

Available Date 2026-06-22

Annual Tax Amount $20,655

Tax Year 2025

Lot Size 0.320 Acres

Acres 0.32

Lot Dimensions 0.00 x 0.00

Property Sub-Type Mixed Use

Source BRIGHT

Property Description

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.

Location

State PA

County Bucks

Area New Hope Boro (10127)

Zoning CC

Interior

Hot Water Multi-tank

Heating Baseboard - Hot Water, Radiator

Cooling Wall Unit, Ductless/Mini-Split

Heat Source Natural Gas

Exterior

Garage Spaces 15.0

Water Access N

View City

Accessibility Level Entry - Main

Total Parking Spaces 15

Garage N

Building

Lot Description Level, Premium

Foundation Concrete Perimeter

Sewer Public Sewer

Water Public

New Construction N

Schools

School District New Hope-Solebury

Others

Tax ID 27-010-028

Ownership Fee Simple

Special Listing Condition Standard

Nearby Locations

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(202) 550-0018

gregory@theirelandgroup.net

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12-20 W BRIDGE ST New Hope, PA 18938