400 S Main Street, New Hope, Pennsylvania 18938
Listing IDPABU521308
Price$6,750,000
StatusACTIVE
SqFt
12,000
CountyBucks
Year Built2005
Property TypeCommercial Sale
Property Sub TypeOffice
Bucks County's most prestigious address. On the banks of the Delaware. Spectacular views. Low PA taxes! Convenient to the restaurants and shops of New Hope. Truly a one of a kind property. Excellent investment opportunity in prime location! Best office building in Bucks County, 5 total units across 4 floors. Perfect for 1031 exchange. Fully occupied with historically low tenant turnover! Location makes a convenient commute to Philadelphia, New York and New Jersey.
County
Bucks
Price/SqFt
562.5
Property Sub Type
Office
Property Type
Commercial Sale
Subdivision
WATERVIEW
Year Built
2005
Zoning
C
Building Total SqFt Source
Estimated
Central Air
yes
Cooling Type
Central A/C
Heating
yes
Heating Type
Central, Forced Air
Building Units Total
5
Car Parking Spaces
30
Construction Materials
Brick
Cooling Fuel
Electric
Heating Fuel
Electric
Hot Water
Electric, Instant Hot Water
Lot Dimensions Source
Assessor
Lot Size Dimensions
0.00 x 0.00
Lot Size Source
Assessor
Lot Size Units
Square Feet
New Construction
no
Parking Features
Surface, Handicap Parking
Sewer Septic
Public Sewer
Total Garage and Parking Spaces
30
Type of Parking
Parking Lot
Water Access
no
Water Body Name
Delaware River
Water Body Type
River
Water Oriented
yes
Water Source
Public
Water View
yes
Building Name
NONE AVAILABLE
Country
US
MLS Area
New Hope Boro (10127)
Municipality
NEW HOPE BORO
Views
Water, Mountain
Waterfront
yes
Accessibility Features
Elevator
Builder Name
Scannapieco Development Corporation
Business Type
Professional
Land Use Code
4501
Potential Tenancy
Multiple
Property Condition
Excellent
Year Assessed
2020
Year Built Source
Estimated
Acceptable Financing
Cash, Conventional
Automatically Update Tax Values
no
Cap Rate
5.21
Gross Scheduled Income
450413
Net Operating Income
351604
Net SqFt
12000
Operating Expense
69491
Operating Expense Includes
Landscaping, Management Fees, Repair/Maintenance, Trash, Insurance, Heating/Cooling, Electric, Other
Ownership Interest
Fee Simple
Possession
Subject to Existing Lease
Riparian Rights
no
Sale Type
Standard
Tax Annual Amount
28346
Tax Assessed Value
200560
Tax Lot
010-BH1
Tax Year
2020
Vacation Rental
no
Contact - Listing ID PABU521308
Brett Furman
528 East Lancaster Avenue
St. Davids, PA 19087
Phone: 610-687-6060
Phone Alt: 610-687-6060
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