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Town Hall 41 N Main St 4,667 SF 100% Leased Retail Building New Hope, PA 18938 $2,885,000 ($618.17/SF)



Executive Summary
One of the best buildings in New Hope is now for sale!!! Positioned in the heart of downtown, 41 N Main Street presents a rare opportunity to acquire one of the borough's most iconic and historically significant commercial properties. Rich in character and deeply woven into the fabric of New Hope's history, this landmark building formerly served as the Town Hall, Police Department, and original Firehouse, offering an irreplaceable presence along one of Bucks County's most coveted locations. The property is anchored by a highly successful, established restaurant and café operation with strong lease terms, providing dependable income and long-term stability. Further enhancing the investment profile is a separately operated 19-space parking lot with a self-operating kiosk, generating direct revenue for ownership and creating a valuable income stream in a market where parking is at a premium. Additional income-producing components include a well-maintained two-bedroom residential apartment, four professional office suites, and a detached four-car garage, creating a diversified and resilient investment opportunity. Multiple revenue streams combine to produce an attractive cap rate and exceptional long-term value. Meticulously maintained and strategically located amidst New Hope's vibrant collection of restaurants, boutiques, galleries, luxury residences, and year-round tourism, 41 N Main Street offers investors the rare combination of historic significance, stable cash flow, and future appreciation potential. Opportunities of this caliber rarely become available. Whether seeking a legacy asset, a cash-flowing investment, or a cornerstone property in one of Pennsylvania's most desirable destinations, 41 N Main Street represents a truly exceptional acquisition.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
4,667 SF
Building Class
B
Year Built/Renovated
1907/2015
Price
$2,885,000
Price Per SF
$618.17
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.32
Lot Size
0.34 AC
Zoning
CC - Central Commercial District aims to preserve historic building while retaining retail/services for residents and tourists
Parking
22 Spaces (4.71 Spaces per 1,000 SF Leased)
Amenities
- Air Conditioning
Fairly walkable
50/100
Exceptionally drivable
100/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 27-006-091 | Improvements Assessment | $46,440 |
| Land Assessment | $34,880 | Total Assessment | $81,320 |
Property Taxes
Parcel Number
27-006-091
Land Assessment
$34,880
Improvements Assessment
$46,440
Total Assessment
$81,320
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Videos
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Presented by
Compass RE New Hope
Town Hall | 41 N Main St
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