40 W Court St W, Newtown, PA 18940

$825,000

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List Price
$825,000
Days on Market
1
Status
ACTIVE
MLS#
PABU2133790
Lot Size (Acres)
0.05
Year Built
1882
County
Bucks
School District
Council Rock

Property Description

A FABULOUS OPPORTUNITY TO OWN A HISTORIC NEWTOWN BOROUGH 4-UNIT BRICK BUILDING IN A PRIME DOWNTOWN LOCATION! **Originally built in 1882 as Newtown’s Original Library** This charming historic brick building is located in the heart of Newtown Borough’s Historic District, directly across from the historic Half-Moon Inn!** Reflecting true pride of ownership, **This beautifully maintained two-story commercial property offers over 2,700 Sq Ft, 4 Rental units,, 4 Bathrooms, 4 Electric Meters, and Gas Heat and Central Air,, All four units are in excellent condition and offer the flexibility to be combined, creating additional possibilities for a variety of business uses** AN EXCEPTIONAL OWNER-OCCUPANT OPPORTUNITY! Establish your own business in the heart of Newtown Borough’s Historic District while collecting rental income from the other units or use the entire property for your own business. This unique historic property offers outstanding flexibility in a prime downtown location!** The 1st floor features a hair salon and retail storefront, while the 2nd floor offers 2 attractive office suites with high ceilings and timeless historic character. Whether you’re looking to establish your own business, accommodate multiple tenants, or expand your investment portfolio, this versatile property offers outstanding potential., The property has enjoyed consistent occupancy over the years, and all 4 units are currently leased on short-term leases, providing flexibility for a future owner. Recent improvements include Updated Electrical, Updated plumbing, 2 Newer Roofs, rebuilt portico supports, newer concrete steps, and New brick pointing and more. The classic brick exterior maintains its historic character, and excellent overall condition reflect true pride of ownership. AN UNBEATABLE DOWNTOWN LOCATION! Just two buildings away from Starbucks and surrounded by the charm, shops, and conveniences of historic Newtown Borough, this property offers an exceptional opportunity to own a distinctive commercial building in a highly desirable setting. in a **HISTORIC PRIME LOCATION** ENDLESS POSSIBILITIES** Schedule your appointment today**

Additional Information

Area
Newtown Boro (10128)
School District
Council Rock
Elementary School
Newtown El
High School
Council Rock High School North
Flooring
Carpet, Tile, Laminate, Vinyl
Heating
Baseboard, Zoned
Cooling
Central Air, Ductless Mini-Split
Roof
Asbestos Shingle, Rubber
Utilities
Cable Available, Natural Gas Available
Water
Public
Sewer
Private Sewer

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Listing courtesy of RE/MAX Centre Realtors. Contact: