Prominent Newtown Restaurant Opportunity
203 N Sycamore St
Newtown, PA 18940
Highlights
- Prime corner retail opportunity
- Turn-key restaurant
- Recent capital improvements
- Potential income producing investment property
- Value add potential (2 apartments)
- R - Liquor license available
- Located at a signalized intersection
- Large street front display windows
- Directly across from national retailer shopping
- Heavy vehicular and pedestrian traffic
- Quality demographic profile
- Over 109,000 residents within a 5 mile radius / average HH income >$126,000
- Town Commercial District (TC) - many permitted uses, by right
- Convenient access to Philadelphia, New Jersey and New York
- Minutes to Newtown Bypass (PA 332) and PA 413
Description
SVN is pleased to present the exceptional and rare opportunity to acquire an iconic property located in Newtown, Bucks County. The offering is for a quintessential building with historic ambiance at the signalized intersection of North Sycamore Street and Jefferson Street in Newtown which has a history of housing successful restaurant businesses. The building is currently fit out as restaurant space with seating for 140+ patrons indoors with additional outside dining available on a beautiful wraparound porch. Originally built in 1796 and expanded over time, this free-standing building measures approximately 5,900 square feet which is comprised of restaurant space and two apartments. The building also has substantial space in the lower level (basement) which currently serves the restaurant operation. The site is conveniently situated in Newtown’s Town Center (TC) zoning district, which allows for a variety of uses by right. The site enjoys an excellent demographic profile and accommodates both walking and vehicular retail traffic. This offering represents a unique and truly extraordinary opportunity to establish/invest in a business to join the local, regional and national operators presently enjoying Newtown’s thriving retail market.
Prime, free-standing corner restaurant space located in the heart of historic Newtown Township, Bucks County, Pennsylvania. Prominent location in a fast growing area of Newtown. In close proximity to many local and national retailers, prime shopping and dining. Located at the corner of a signalized intersection, this property provides exceptional accessibility and visibility to both local and commuter traffic.
