Historic Restaurant and
For Sale
Contact for pricing
Pending
101 S STATE STREET, Newtown, PA 18940
COMMERCIAL - NEWTOWN, PA
Property Size4,500 SF
Days on Market191
Property Features for 101 S STATE STREET
General Information
Property type
Commercial Sale
Property subtype
Other
Standard status
Pending
Size
4,500 SF
Building Details
Year built
1747
Listing Agency:
BHHS Fox & Roach New Hope · Berkshire Hathaway HomeServices
(215) 862-3385
Listed By:
Stephen Darlington · License #AB-047707L
(215) 317-5565
Added: Jan 22
Changed: Jul 23
Last Checked: Aug 1 at 1:06AM
MLS# PABU2112898
Copyright © 2026 Berkshire Hathaway HomeServices Fox & Roach, Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This historic restaurant and tavern building is set up for immediate food and beverage operations, with a turn-key working kitchen, two dining rooms, and bar rooms on both the first and second floors with a dedicated service area. The property includes five bathrooms and 1,000+ square feet of storage space, including two walk-in refrigerators.
The building is located in the center of downtown historic Newtown on a main downtown street, described as a prime corner location with exposure for both foot and vehicles. It is across from Starbucks and adjacent to a thriving historic residential neighborhood.
Additional features include an approved 1,200-square-foot outdoor patio and included historic furnishings, equipment, and fully operational kitchen equipment. The building is described as being in great condition, with new HVAC, roofs, and exterior paint installed in 2025.
The building is located in the center of downtown historic Newtown on a main downtown street, described as a prime corner location with exposure for both foot and vehicles. It is across from Starbucks and adjacent to a thriving historic residential neighborhood.
Additional features include an approved 1,200-square-foot outdoor patio and included historic furnishings, equipment, and fully operational kitchen equipment. The building is described as being in great condition, with new HVAC, roofs, and exterior paint installed in 2025.
Key Highlights
- Restaurant/tavern known as the Thorton House, built in 1747, with a full liquor license in downtown Newtown, PA.
- Seats 100+ inside with 2 dining rooms plus 1st‑floor bar room and 2nd‑floor bar room with dedicated service area.
- Includes a working turn‑key kitchen with fully operational kitchen equipment and misc glassware, historic furnishings, and historic equipment.
Property Analytics
Property Profile
Current Use
Lease Details
Turnkey business
Opportunity
Yes
Paved road access
Yes
Liquor license
Location Intelligence
Trade Area within ½ mile
1,040
Businesses Nearby
24k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 63%
Dining 12%
Electronics 10%
Shops & Services 9%
Fine Wine & Good Spirits
Groceries
14,854 visits/mo
0.4 miles
Manhattan Bagel
Dining
2,961 visits/mo
0.4 miles
T-Mobile
Electronics
2,282 visits/mo
0.5 miles
The UPS Store
Shops & Services
2,204 visits/mo
0.5 miles
Bluemercury
Beauty & Spa
1,444 visits/mo
0.5 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
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Conventional restaurant - Restaurant space with two dining rooms and bar areas, plus a working kitchen, storage, and a borough-approved outdoor patio.
Where is this conventional restaurant located?
The property is located at 101 S STATE STREET Newtown, PA.
What is the asking price?
The asking price for this property is Off market.
What are key features of this property?
This property features: Restaurant/tavern known as the Thorton House, built in 1747, with a full liquor license in downtown Newtown, PA.; Seats 100+ inside with 2 dining rooms plus 1st‑floor bar room and 2nd‑floor bar room with dedicated service area.; Includes a working turn‑key kitchen with fully operational kitchen equipment and misc glassware, historic furnishings, and historic equipment.
