83-85 S MAIN STREET, NEW HOPE, PA 18938
BUCKS County
Key Facts
Description
This multi-unit mixed use property is ideally positioned in the heart of New Hope’s downtown commercial district, featuring three retail spaces and two newly renovated studio apartments inclusive of parking spots. Offering immediate income and strong return potential, 83 South Main St presents a rare opportunity to step into a high-performing asset in one of the area’s most dynamic locations. Long recognized as the epicenter of retail, dining, and nightlife - this investment property benefits from exceptional foot traffic and sustained consumer demand. Surrounded by a dense concentration of boutiques, restaurants, and lively entertainment, this prominent location continues to deliver long-term growth and enduring value. Whether expanding an established portfolio or seeking a strategic entry into a premier market, this rarely available offering combines stability, upside, and unmatched visibility in the heart of historic New Hope.
Property Information
Property Type
Commercial Sale
Sub-Type
Mixed Use
Year Built
1939
Living Area
3,453 sq ft
Lot Size
0.14 acres
Lot Dimensions
53.00 x 117.00
Parking Spaces
2
Zoning
CC
Days on Market
77
MLS® Listing#
PABU2113736
Property Features
Appliances
Cooling
Heating
Parking
Construction
Sewer
Water Source
Schools
- District:
- NEW HOPE-SOLEBURY
Financial Details
Annual Taxes
$8,294
Tax year 2025
Assessed Value
$52,800
Parcel Number
27-010-090-004
Directions
On the west side of S Main Street across from the Welcome Center
Affordability Calculator
$292,000
Estimated monthly payment
$7,771/mo
Principal $1,168,000 · Est. interest $1,629,464 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in NEW HOPE, PA
- $256,522
- Median Listing Price
- 54
- Median Days on Market
- 1,944
- Median Sq Ft
- $161
- Median Price / Sq Ft
- 380
- Active Listings
- This home’s price is 469% above the area median.
- Its price per sq ft is 163% above the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in NEW HOPE, PA.
Location
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Points of Interest in NEW HOPE, PA
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Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 350 S RIVER ROAD D10, NEW HOPE, PA | $1,035,000 | 2 | 2 | 1,565 |
| 119 7TH STREET, NEW CUMBERLAND, PA | $1,100,000 | — | 1 | 6,000 |
| 6795 CHAPEL ROAD, NEW HOPE, PA | $1,125,000 | 3 | 2 | 2,006 |
| 570 NORTH HOLLANDER ROAD, NEW HOLLAND, PA | $1,149,500/mo | — | — | 121,000 |
| 48 LENAPE DRIVE, NEW HOPE, PA | $1,150,000 | 4 | 5 | 3,958 |
| 15 ALLIANCE STREET, NEW PHILADELPHIA, PA | $1,200,000 | — | 20 | 72,875 |
Moving Cost Estimate
EXIT Agents in NEW HOPE
Listing Courtesy: Compass RE - 2154490123