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    5812 Route 202 New Hope, PA 18938

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    For Sale
    $859,000

    Two-building property near Peddler's Village with office and residential uses.

    Property size:
    4,235 SF

    Property Features for 5812 Route 202

    General Information

    Size
    4,235 SF

    Building Details

    Year built
    1943

    Source: Monika Polakevic, CCIM Agent Monika Polakevic, CCIM

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

    Overview

    Multi-Use Property Near Peddler's Village

    This multi-use property is located in Lahaska, PA, and includes two freestanding buildings with a total combined area of 4,235 square feet. The front building, with 3,121 square feet, is an office/residential property that is currently vacant. The secondary building, with 1,114 square feet, is occupied by a long-term tenant. The property backs up to Peddler’s Village and benefits from overflow traffic from this destination. The property has visibility and access along Route 202 and is located in an affluent area with a mix of residential and commercial properties. The location is proximate to densely populated residential neighborhoods. The property is positioned between New Hope (5 miles) and Doylestown (6 miles). The VC-2 zoning district allows a variety of uses. The property has a parking lot on 0.29 acres and visible signage. It is located for business and consumer access.
    Location Intelligence

    Current Use by Public Records

    Office buildings

    Suggested Use

    Law Firm Realty agency Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    New Hope
    County
    Bucks
    State
    Pennsylvania
    Longitude
    -74.9755
    Latitude
    40.359493

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    FAQs

    What type of property is this?
    Mixed-use property - Two-building property near Peddler's Village with office and residential uses.
    Where is this mixed-use property located?
    The property is located at 5812 Route 202 New Hope, PA.
    What is the asking price?
    The asking price for this property is $859,000.
    What are key features of this property?
    This property features: - Prime commercial location adjacent to Peddler's Village, benefiting from overflow traffic.; - Strong visibility and easy access on Route 202.; - Two freestanding buildings totaling 4,235 SF, offering mixed-use potential.
    (609) 577-7538
    Request Owner's contact information
    5812 Route 202 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
    5812 Route 202 New Hope, PA 18938
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