Newtown Retail/Investment Opportunity

5 W Washington Avenue Newtown, PA 18940

FOR SALE
Property Type:
Street Retail
Amount:
Please Call Broker for Price

Last Verified:
Sep 13, 2018

Highlights

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Description

Unique retail and investment opportunity located in Newtown Boro, Bucks County, Pennsylvania. The property offers a historic presentation in an uncompromising environment of great design and character. Prominent historic presence with excellent visibility. The property is located in a highly trafficked area in the heart of Newtown, between two major throughways, State Street and Sycamore Street. Newtown is home to electric shopping, fine dining, and theater and cultural attractions. There are over 111,000 residents living within 5 mile radius with an average household income of $138,000.

The offering includes a free standing building totaling approximately 1,400 square feet. It is set up with two separate units, both currently occupied by a single tenant. The property was fully renovated in 2005, with additional upgrades in 2016.

The property is located in Newton Borough, a heritage rich community in Bucks County. Immediate access to State Street and Sycamore Street with wide sidewalks, shops, taverns and restaurants. Close proximity to Newtown Bypass (Route 332), Route 413, and Route 532. It is about 30 minute drive to Philadelphia, 30 minute drive to Princeton and 80 minute drive to New York City.


Year Built: 1932
Building Size: 1400.0sq ft
Lot Size: 0.14 acres

Map of 5 W Washington Avenue, Newtown, PA, 18940

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

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