20 S MAIN ST $3,250,000

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    20 S MAIN ST NEW HOPE, PA 18938

    • 2,900 sq. ft.
    • 0.17 Acres
    • Commercial
    • MLS# PABU2044562
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    Views: 24 Days On Site: 25

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    Property Details

    CEST LA VIE CAFÉ & A Mixed-Use Commercially Zoned property with Retail and Residence as permitted uses, set back from Main Street New Hope Borough on a flag lot. It is positioned on the Delaware River banks with riparian rights and river access by way of a smartly engineered bulkhead and stair system with a swimming platform to facilitate kayak and canoe access to the river. The land parcel is 7,434 sft. with a multi-level structure estimated to be 2,700 sft. +/-. The first level is in retail use with outdoor seating area and the second level features a 2 bedroom, 2 bath, and 6 rooms. There is private parking. Both the drive way and general parking area has recently been resurfaced. With commercial zoning, a buyer of the property can continue on with the same use, or could potentially¹ expand the residential use of the property with a full zoning change of use to all residential. The most exceptional feature of the property are its unobstructed vistas to the North, East and South of the Delaware River, the New Hope-Lambertville Free Bridge and the New Jersey shore line with its gentle rolling hills. Each season offers the owners of this property unique, wonderful and exciting views that only a few properties in the area can claim. There is a deck facing the river off the upper living area and a large patio area spanning the entire width of the property. (¹ The Seller nor the Brokerage representing the Seller cannot guarantee a successful conversion to any use other than the current permitted use. This concept is presented to give a potential Buyer alternate uses to consider and to potentially pursue. There is precedent in New Hope Borough for successful zoning change from commercial to multi-unit residential use. It is incumbent on the Buyer to discuss the feasibility of any zoning changes directly with the Zoning officer for New Hope Borough. ) The first level retail store has been used as a very successful bakery for decades. The space features a general retail floor area for patrons, a commercial baking kitchen including preparation area, refrigeration and cleaning station. There is outside seating for patrons. The bakery business is not included in the sale. This property has the great advantage of a quiet and private location on a historic river with in-town living and all its associated amenities. The highly desirable towns of New Hope Borough and the City of Lambertville are vibrant, safe and exciting small towns with many great restaurants, retailers and boutique shops - and lots of history. It's a relatively short distance to Princeton New Jersey, about one hour to Philadelphia and one and a half hours at most to Manhattan in NYC.

    • General Features
      • County BUCKS
      • Municipality NEW HOPE BORO
      • New Construction Y/N N
      • Sale Type Standard
      • Tax Annual Amount $5,700
      • Tax Year 2022
      • Water Access Y/N Y
      • Water Body Name Delaware River
      • Water Body Type River
      • Waterfront Features Private Dock Site
      • Waterfront Y/N Y
      • Year Built 1940
      • Zoning CC
      • Zoning Dscrp Central Commercial
    • Building Features
      • Building Total Sq Ft 2900.00
      • Building Units Total 1
      • Cooling Fuel Electric
      • Cooling Type Central A/C
      • Garage Y/N N
      • Heating Fuel Oil
      • Heating Type Forced Air
      • Roof Asphalt
      • Sewer Septic Public Sewer
      • Total Garage And Parking Spaces 2
    • Property Features
      • Lot Features Bulkheaded
      • Lot Size Acres 0.17
    • Schools
      • School District NEW HOPE-SOLEBURY

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    Neighborhood

    18938 (NEW HOPE) Demographics

    56 Median Age
    324 Population Density (per sq. mile)
    66% College Educated
    $118,877 Estimated Median Income
    5,218 Estimated Total Home Owners
    826 Estimated Total Renters
    86% / 14% Estimated Owner / Renter Divide
    2 Estimated Average Household Size
    13,560 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $552,500 Median Sales Price
    12 Homes Sold
    25 New On Market

    Average Days on Site

      Properties for Sale

        Calculations provided by Reliance Network

        Property History

        Date Event Price Percent Change
        -- Current Price Source: Multiple Listing Service New Value: $3,250,000
        2/28/2023 2:05:00 PM New in Database Source: Multiple Listing Service New Value: $3,250,000

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        Information is supplied by seller and other third parties and has not been verified. All information provided is deemed reliable but is not guaranteed. All properties are subject to prior sale or withdrawal. Data may not be reproduced or redistributed and may not be used for any purpose other than consumers’ personal, non-commercial use. Copyright 2023 BRIGHT MLS – All Rights Reserved.

        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.