101 S State St Newtown, PA 18940

Building Details

Year Built

1747

Listing agency BHHS FOX & ROACH - PRINCETON s***@foxroach.com Show Phone

Listed by STEPHEN DARLINGTON · License #AB-047707L

Source Corcoran

Added: Jan 22 Updated: Jul 6 at 10:05AM Checked: Jul 21 at 5:30AM

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Investment Insights

Based on property information with market context.

This restaurant/tavern, known as the "Thorton House", is located in the center of downtown historic Newtown, PA. The building, steeped in history dating back to the pre-Revolutionary War era, has been modernized. It is situated on a prime corner location on the main downtown street, across from Starbucks and adjacent to a thriving historic residential neighborhood, providing foot and vehicle exposure. The property is also one block away from the newly proposed Liberty Centre project which includes 100 downtown townhomes. The building comfortably seats over 100 people inside and features a working kitchen, two dining rooms, a first-floor bar room, a second-floor bar room with a dedicated service area, and five bathrooms. It also includes over 1000 square feet of storage space, including two walk-in refrigerators. The borough has approved a 1200 square foot outdoor patio. The building is in great condition with new HVAC, roofs and exterior paint installed in 2025. Miscellaneous glassware, historic furnishings, equipment and fully operational kitchen equipment is included. It offers an array of dining and private/corporate dining opportunities and has a full liquor license.

Key Highlights

• Prime corner location in downtown historic Newtown, PA with high foot and vehicle traffic.
• Full liquor license included.
• Approved 1200 sq ft outdoor patio.

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FAQs

What type of property is this?

Restaurant - Restaurant/tavern with full liquor license in historic Newtown, PA.

Where is this restaurant located?

The property is located at 101 S State St Newtown, PA.

What is the lease rate?

The lease rate is $16,000 /Mo.

What are key features of this property?

This property features: Prime corner location in downtown historic Newtown, PA with high foot and vehicle traffic.; Full liquor license included.; Approved 1200 sq ft outdoor patio.