32 S State Street , 1,2,3, Newtown, PA

Others for Sale - $1,550,000


Agent Info

Jacqueline Hillgrube
Coldwell Banker Hearthside

Property Info

CIMLS#1149864
Location
  32 S State Street , 1,2,3
  Newtown PA 18940
UpdatedMarch 9th, 2024
TypeOthers
Price$1,550,000

Property Description

The perfect blend of commercial space on the first floor and 2 high end apartment units on the 2 and 3 floor. Each unit has private entry with separate utilities. The building has seen a complete renovation along with a three level addition in the rear. Architectural plans are located in the documents. Please note, the rear addition added approx., 400 square feet to each floor- allowing private entryway to each unit and outdoor staircase for the residential apartments. The lower level is equally as impressive, it holds all mechanicals, sealed floors and walls, with an exterior door to the backyard parking area. The building is fully rented with a 3/1/2024- 3 year lease ( 2 yr option) on the commercial space, and 1 year leases in place for apartment 2 and 3. Located in the heart of NEWTOWN BORO- the building is nestled in the A real estate of a mixed used building. Your business will not be lost on the street, but will command attention immediately. Perfection in space, perfection in location, and has the business and cultural venues wrapped around graceful living- NEWTOWN BORO. Come home to Newtown, where your business is sure to prosper and your home life is Camelot.


Financials


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