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    419 York Rd, Unit New Hope New Hope, PA 18938

    For Sale
    $1,525,000

    Mixed-use property with commercial tenant, residential apartment, and workshop.

    Property size:
    1 SF

    Property Features for 419 York Rd

    General Information

    Size
    1 SF

    Building Details

    Year built
    1978

    Source: Larry Peseski Agent Larry Peseski

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Mixed-Use Property on 1.28 Acres

    This mixed-use property, situated on 1.28 acres, features a total area of approximately 5,502 square feet. The property includes a first-floor commercial space of about 3,630 square feet, occupied by a well-established tenant with an extended lease and options. The second floor contains a residential apartment with two bedrooms and one bathroom, spanning approximately 1,255 square feet. This apartment features parquet floors, a balcony, and views of the surrounding wooded area. Additionally, there is a 617 square foot workshop at grade level, suitable for rental income or personal use. The property is equipped with private water and septic systems. Recent capital improvements within the last two years include a new roof, hot water heater, electric panel, two new skylights, and a Trane HVAC unit. This property is a solid income generator.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Salon Gratitude Inc Barber Shop Treehouse A Lifestyle Center Pilates Studio

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    New Hope
    County
    Bucks
    State
    Pennsylvania
    Longitude
    -74.970725
    Latitude
    40.36047

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    FAQs

    What type of property is this?
    Mixed-use property - Mixed-use property with commercial tenant, residential apartment, and workshop.
    Where is this mixed-use property located?
    The property is located at 419 York Rd, Unit New Hope New Hope, PA.
    What is the asking price?
    The asking price for this property is $1,525,000.
    What are key features of this property?
    This property features: - Solid income-generating mixed-use property with a well-established commercial tenant and extended lease.; - Recently updated with key capital improvements including a new roof, hot water heater, electric panel, skylights, and Trane HVAC unit.; - Includes a 1,255 sft. residential apartment with 2 bedrooms, 1 bath, parquet floors, and a balcony with wooded views.
    (215) 357-2880
    Request Owner's contact information
    419 York Rd, Unit New Hope New Hope, PA 18938
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    New Hope, PA 18938
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    419 York Rd, Unit New Hope New Hope, PA 18938
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