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28 State St Newtown, PA 18940

Sponsored
For Sale
$1,100,000

High-return office space in desirable Newtown.

Property size:
3,613 SF

Description

Added:
Feb 3, 2025
Days on Market:
337
This exceptional investment opportunity presents a 3,613 square foot office space ideally located in the heart of Newtown Borough, Pennsylvania, directly below the District Court offices. Currently configured as a fully operational fitness center, this daylight walkout space offers significant potential for a variety of professional uses. The property boasts ample off-street parking in a rear lot, providing convenient access for clients and employees. A key advantage of this investment is the existing tenant, the seller, who will remain in occupancy. This ensures a consistent rental income stream, covering rent, insurance, property taxes, utilities, and HOA fees. The property's prime location and existing improvements make it an attractive proposition for investors seeking a stable, high-return asset in a thriving community. The strong tenant occupancy minimizes vacancy risk and provides immediate cash flow. This is a rare opportunity to acquire a well-maintained, income-producing property in a highly sought-after location. The existing fitness center layout offers a turnkey solution for a similar business or provides a flexible foundation for a variety of other professional uses. The ample parking further enhances the property's appeal and functionality. This investment offers a compelling blend of location, income, and potential for future appreciation.

Property Features for 28 State St

General Information

Property type
Office Properties & Spaces
Square Feet
3,613 SF

Building Details

Year Built
1994

Property Profile Location Intelligence

Current Use by Public Records

Office Properties & Spaces

Suggested Use

Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Newtown
County
Bucks
State
Pennsylvania
Longitude
-74.93679
Latitude
40.23018

FAQs

What type of property is this?
Office Property / Space - High-return office space in desirable Newtown.
Where is this office property / space located?
The property is located at 28 State St Newtown, PA.
What is the asking price?
The asking price for this property is $1,100,000.
More about this property
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