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33871052
33871066

12 West Bridge Street, New Hope, PA 18938

RH
PA RS355167
$3,985,000
9 days on market
Updated 9 days ago

12-20 West Bridge Street

Details
Property Type Retail, Mixed Use
Sub Type Bank
Square Footage 8,250
Units 9
Cap Rate 6.10%
NOI $239,590
Tenancy Multi
Pro-Forma Cap Rate 7.00%
Pro-Forma NOI $272,710
Year Built 1800
Year Renovated 2024, 2025
Buildings 2
Acreage 0.320
Zoning CC
Parking Spaces 15 spaces
Parking per 1,000 SqFt 1.82
Ground Lease No

Amazing Mixed Use Opportunity in Downtown New Hope

Marketing description

An exceptional mixed-use investment opportunity in the heart of downtown New Hope. Prominently positioned along one of the borough's most visible commercial corridors, this fully renovated property consists of three commercial storefronts and six residential apartments, offering a rare combination of strong in-place income, recent capital improvements, and long-term upside in one of Bucks County's most sought-after destinations. The commercial component benefits from excellent street exposure, steady foot traffic, and established tenants, while the residential offerings include a desirable mix of one- to four-bedroom apartments that command strong rental demand. Five of the six residential units have undergone extensive recent renovations, including updated kitchens, bathrooms, flooring, lighting, appliances, and fresh interior finishes. Several units feature multi-level, luxurious townhouse-style layouts, exposed brick, and private outdoor spaces, further enhancing their appeal. Ownership has made substantial investments throughout the property, including exterior painting and maintenance, renovated common areas, new patios and decks, upgraded steps and footings, and roof improvements. A valuable private parking lot located behind the buildings provides a significant competitive advantage in downtown New Hope, where dedicated parking is increasingly difficult to secure. Residents and commercial tenants alike benefit from convenient off-street parking while remaining just steps from the town's renowned restaurants, galleries, boutiques, entertainment venues, and the Delaware River. With a diverse income stream, attractive tenant mix, extensive recent improvements, and an irreplaceable downtown location, this is a rare opportunity to acquire a high-performing investment asset in the center of New Hope, PA.

Listing Contacts

RH
PA RS355167

Valuation Calculator

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Loan Amount
$0.00
Annual Debt Service
$--
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Annual Cash Flow
$239,590.00
$19,965.83/mo

Valuation Metrics

0
DSCR
6.01%
Cap Rate
6.01%
ROI

Map

Zoning

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Last updated Apr 2, 2026 For deeper zoning details, reports are available at Zoneomics

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Property History

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Additional Information

Name
Revi Haviv
License
RS355167
Brokerage
Compass RE
Brokerage Phone
2154490123
Brokerage Address
43 North Main Street
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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