Historic Newtown Restaurant/Tavern
For Lease
$16,000/Mo
Pending
101 S State St, Newtown, PA 18940
Restaurant/tavern with full liquor license in historic Newtown, PA.
Space SizeContact for details
Lot Size0.08 Acres
Days on Market225
Property Features for 101 S State St
General Information
Standard status
Pending
Lot size
0.08 Acres
Property subtype
Commercial
Amenities
Downtown
Building Details
Year Built
1747
Listing Agency:
BHHS FOX & ROACH - PRINCETON
(609) 924-1600
Listed By:
STEPHEN DARLINGTON · License #SB8635835
(215) 317-5565
Source:
Corcoran
Added: Jan 22
Changed: Aug 8
Last Checked: Jul 23 at 8:27AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of BHHS FOX & ROACH - PRINCETON
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.
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$28.80 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
1,509
Businesses Nearby
115k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 43%
Dining 27%
Groceries 13%
Apparel 7%
Wendy's
Dining
17,082 visits/mo
0.3 miles
Lukoil
Shops & Services
17,064 visits/mo
0.2 miles
Fine Wine & Good Spirits
Groceries
14,854 visits/mo
0.2 miles
7-Eleven
Shops & Services
11,629 visits/mo
0.2 miles
Starbucks
Dining
11,290 visits/mo
0.1 miles
Demographics for 18940, PA
30,280
Population
11,763
Households
2.6
Avg Household Size
47
Median Age
67%
College-Educated
97%
High-School Grad
34.6 sq mi
ZIP Area
875
Density / Sq Mi
$157,591
Median Household Income
$85,895
Median Earnings
$2,227
Median Rent
$623,300
Median Home Value
Market
Vacancy Rate% for Retail in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
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.
