50 W BRIDGE ST, New Hope, PA 18938
Residential property for sale
- Description
- Commercial - NEW HOPE, PA Union Square: The #1 Commercial Complex in Downtown New Hope PA and a prime location in the surrounding area for any Bucks County PA/Hunterdon County NJ tenant searching for true Class A Office Space Restaurants/Brew Pub operations Creative Lofts Tech Startups Personal Services (medical spa hair etc) and more. Located in the heart of the downtown commercial district just across the boundary with NJ and with a secondary entrance just off the Route 202 highway. Union Square is always in high demand with currently 22+ tenants across 4 buildings with minimal/rare vacancies and a consistent quality rental history. Past two years P&L plus next year's projections ~ 7.5% CAP rate (under the very attractive assumable financing that's available). Beat the market on your Return on Investment. There are many happy longterm tenants in this modern converted industrial/loft complex. With a quality rent roll parking income and other revenue opportunities this fine commercial development is available for the first time and is set up to bring returns for many years to come. Please consult listing agents direct with inquiries do not approach or disturb the current tenants and/or patrons.
- Property Details
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Property Type: Income/Investment Status: Available Price: $ 35,000,000 Buildings: 1 Added: 11/07/2014 Last Update: 04/14/2015 - Note
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