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Historic Restaurant Building
For Sale
Contact for pricing
Pending

101 S State Street, Newtown, PA 18940

Renovated commercial property with TC zoning supporting restaurant, retail, office, and residential uses.

Property SizeContact for details
Days on Market143

Property Features for 101 S State Street

General Information

Standard status Pending
Property subtype Retail, Office
Zoning TC

Additional Details

Utilities to Site Yes
Sprinkler System Yes
Liquor License No

Amenities

gas hook-ups
4 zone HVAC
ADA compliant

Building Details

Year Built 1747
Year Renovated 2006
Buildings 1
Listing Agency: Blancato LLC
Listed By: Paul Blancato · License #PA RM421913
Source: Crexi
Added: Apr 11 Changed: Aug 30 Last Checked: Aug 30 at 4:31AM

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 Blancato LLC

Investment Insights

Based on property information with market context.

The Thorton House, dating to circa 1747, was renovated in 2006 for restaurant use. The improvements include updated electrical, plumbing, structural components, gas connections, four-zone HVAC, a sprinkler system, and ADA-compliant features.

Located at 101 S State Street in Newtown, PA, the property carries TC zoning that permits restaurant, retail, office, and residential uses. A full R-type liquor license and business assets are also available under a separate MLS listing, PABU480086. The owners will consider a lease-purchase arrangement.

Key Highlights

  • Thorton House dates to circa 1747
  • Renovated in 2006 for restaurant use
  • TC zoning permits restaurant, retail, office, and residential uses

Property Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick Parking Lot & Garage Grocery & Convenience Store Locksmith Carpet & Flooring Store (Bike/Boat/Book/etc) Store Garden Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Sprinkler system
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

1,509
Businesses Nearby
115k
Monthly Visits Nearby
Under-served
Demand for This Use

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

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Renovated commercial property with TC zoning supporting restaurant, retail, office, and residential uses.
Where is this conventional restaurant located?
The property is located at 101 S State Street Newtown, PA.
What are key features of this property?
This property features: Thorton House dates to circa 1747; Renovated in 2006 for restaurant use; TC zoning permits restaurant, retail, office, and residential uses
(215) 860-1134 Call to check price and availability
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