32 S State Street # 1,2,3 Newtown, PA $ 1,550,000
32 S State Street # 1,2,3
$ 1,550,000
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32 S State Street # 1,2,3

Newtown, PA, 18940
$ 1,550,000
Baths0.0 Sq 2,400

Monthly Estimate*

$ 10,302

32 S State Street # 1,2,3, Newtown, PA 18940 - Image 1
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Studio

Commercial Property for sale in Newtown, PA

for $1,550,000. This 2,400 square foot building was built in 1940.

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.

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Commercial Active

Price

$ 1,550,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 5,971

Style

Flex

Year Built

1940

Town/City

Newtown

County/Region

Bucks

MLS | Web ID

PABU2058992

Features
Interior
Heating Fuel Natural Gas
Flooring Engineered Wood Ceramic Tile
Hot Water Natural Gas
Heating Y/N Y
Street Suffix STREET
Central Air Y/N Y
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General
Sewer Public Sewer
Heating Forced Air
Cooling Central A/C
Utilities Cable TV Available Natural Gas Available Electric Available Sewer Available Water Available
Possession Immediate
Roof Asphalt
Zoning VC
Security Features Carbon Monoxide Detector(s) Electric Alarm Fire Detection System Main Entrance Lock Security System Smoke Detector
Construction Materials Combination CPVC/PVC Frame Glass Masonry Tile Other
Exclusions Tenants personal belongings.
Year Built 1940
View Street
Unit Number 1 2 3
Property SubType Mixed Use
Tax Year 2023
Current Use Vacant
Percent Ownership Other
Cool Fuel Natural Gas
Municipality NEWTOWN BORO
Business Type Flex
Accessibility None
County BUCKS
New Construction N
Property Type Commercial Sale
Water Access Y/N N
Status ACTIVE
Directions 332 to S. State street.
City NEWTOWN
Buyer Agent Compensation 2.5
Disclosures Agent has Financial Interest
Total Units 0
MLS Area Newtown Boro (10128)
Waterfront Y/N N
Street Name STATE
Tax Annual Amount 5971.0
Property Condition Excellent
Price Per Sq Ft 668.1
Vacation Rental Y/N N
Days on Market 204
Location Type Suburban
Builder Name Milex
Standard Status Active
Year Built Source Estimated
Buyer Agent Compensation Type % Of Gross
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Exterior
Parking Features Paved Parking Private Public
Water Source Public
Inclusions all washer/dryers and refrigerators in the apartments
Type of Parking Off Site On Street Parking Lot
Water View Y/N N
Building Area Total 2320.00
Lot Dimensions 16.00 x 145.00
Land Assessed Value 9520.00
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 32
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* Excluded Features
List By
Coldwell Banker Hearthside

Broker

j.hillgrube@cbhearthside.com

Email

Affordability Calculator

$10,799
Per Month
95%
5%
0%
Monthly Principal & Interest
$10,302
Monthly Property Taxes
$498
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
2136830 Elementary School
2137124 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
10/10/2023$1,550,000 Listed Price

Map


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32 S State Street # 1,2,3, Newtown, PA, 18940 is a Commercial Property for sale at $1,550,000 with 2,400 sqft. 32 S State Street # 1,2,3 is a studio with 0.0 baths and was built in 1940. The property's zip code is 18940 which is in Newtown, PA