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5761 Lower York Rd 5,350 SF 100% Leased Retail Building New Hope, PA 18938 $1,150,000 ($214.95/SF) 6.53% Cap Rate
INVESTMENT HIGHLIGHTS
- Prime mixed-use investment opportunity
- Fully leased with three commercial units and two residential apartments
- Highly desirable market near Peddler’s Village, Doylestown, and Lambertville
- Two freestanding buildings totaling 5,350 ± SF
- 0.73± acre site featuring ample on-site parking
- Excellent access to Route 202, Route 413, and Route 27
EXECUTIVE SUMMARY
Exceptional and rare mixed-use retail/residential investment opportunity located in a highly desirable corridor in close proximity to Peddler’s Village in New Hope, Pennsylvania. The offering consists of two freestanding buildings with five (5) income-producing units totaling approximately 5,350 square feet of gross rentable area, occupied by three commercial tenants and two residential tenants with a strong rental history. The property is conveniently situated within a dense retail trade area, offering an amenity-rich environment and a strong surrounding demographic profile.
Prime commercial location in near proximity to Peddler’s Village, a vibrant and highly visited destination with a mix of specialty shops, dining, and year-round events. Just off the intersection of Routes 202 & 263, the property is ideally positioned between New Hope (5 miles) and Doylestown (6 miles). Excellent visibility and accessibility for both local and regional traffic.
Prime commercial location in near proximity to Peddler’s Village, a vibrant and highly visited destination with a mix of specialty shops, dining, and year-round events. Just off the intersection of Routes 202 & 263, the property is ideally positioned between New Hope (5 miles) and Doylestown (6 miles). Excellent visibility and accessibility for both local and regional traffic.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
5,350 SF
Building Class
C
Year Built/Renovated
1881/2024
Price
$1,150,000
Price Per SF
$214.95
Cap Rate
6.53%
NOI
$75,048
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.17
Lot Size
0.73 AC
Zoning
VC-2 - Village Commercial
Parking
15 Spaces (2.8 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Signage
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 06-016-010 | Improvements Assessment | $33,130 |
| Land Assessment | $19,560 | Total Assessment | $52,690 |
PROPERTY TAXES
Parcel Number
06-016-010
Land Assessment
$19,560
Improvements Assessment
$33,130
Total Assessment
$52,690
(215) 757-2500
x2202
CONTACTS
-
Chichi E. Ahia, SIOR -
Monika Polakevic, CCIM -
SVN Ahia Commercial Real Estate
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5761 Lower York Rd
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