6522 Lower York Rd

6522 Lower York Rd , New Hope, Pennsylvania, 18938 | 5,861 sq.f | $ 2,500,000

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About This Restaurant

Investment Highlights

Executive Summary

New Hope Family Restaurant -- available for the first time since 1963 ! This prime highway-front location just outside historic, downtown New Hope, PA on the river border with New Jersey, this 188 seat (max) restaurant has been a staple of the greater Central Bucks County area for generations and is a prime location for a restaurant OR MANY OTHER APPROVED USES. Having sustained an owner-operator for an entire career, and later decades of successful tenants, this one-of-a-kind location is ready for its next steward. Bring your talents to the only eating establishment of its kind for miles, with ample parking in excess of 88 cars, 2 driveways, 18,000 average daily traffic count, 280' of highway frontage, and an iconic large pole sign which draws the eyes and stands out amongst the adjacent businesses. No local competition, with strong area income demographics, the building could lend itself easily to another style of eating place, and has a history of hosting small parties/events in some of its partitioned dining rooms. Close to the bridge to New Jersey and popular commuting highways, including the primary route to I-78 and Northern NJ/NYC and I-295 to Philadelphia/Southern NJ and points South. Beat the mortgage market with Seller Financing available at competitive rates! Also available for Lease.

Property Details

  • Sale Type    Owner User
  • Property Type    Retail
  • Property Subtype    Restaurant
  • Building Size    5,861
  • Building Class    C
  • Year Built    1955
  • Price    2,500,000
  • Price Per SF    427
  • Tenancy    Single
  • Building Height    1 Story
  • Loading Docks    1 Exterior
  • Building FAR    0.11
  • Land Acres    1.24 AC

Property Taxes

Parcel Number 41-022-135-001 41-022-135 Improvements Assessment $1,082,955
Land Assessment $95,275 Total Assessment $1,178,230
Date Created: 2024-07-16 04:18:11 Last Updated: 2024-07-16 04:18:11
Address: 6522 Lower York Rd , New Hope, Pennsylvania, 18938