103 S STATE ST NEWTOWN, PA 18940

103 S STATE ST NEWTOWN, PA 18940

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Property Type

Commercial

MLS#

7098929

Square Feet

3862

Lot Size

3485 sq ft

Year Built

1796

List Price

$1,350,000

High visibility on South State Street in Newtown Borough. This free standing mixed use property features large retail space as well as a 3-4 bedroom apartment. The retail space features three levels - a fabulous storefront, a southern facing sunwashed atrium, and a spacious work area. In addition, there is an additional fourth level currently used as a storage area with built-in shelving. The retail space is currently occupied by a long-standing flower and gift shop, however, the "Town Center" zoning allows for a multitude of uses. Positioned across from Starbucks and the historic Newtown Hardware House, this property is near the Steepleview project - a multifaceted project featuring the new State Store, hi-end condos, a future multilevel parking garage - just part of the exciting Renaissance taking place in Newtown Borough. This property is well positioned near the municipal parking lot, Newtown By-pass, as well as 95 and nearby rail transportation. The building has seen many upgrades over the years. Originally built in 1795, there have been additions in 1950, 1976 and 1995. Heating is provided by 3 gas fired boilers. The retail space has gas/forced air, and the residence has gas hot water/radiator.

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