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Downtown Mixed-Use Property
For Sale
$3,985,000

12-20 W Bridge St, New Hope, PA 18938

Fully renovated mixed-use building with three storefronts and six residential apartments plus private off-street parking.

Property SizeContact for details
Days on Market56

Property Features for 12-20 W Bridge St

General Information

Standard status Active
Property subtype Commercial

Additional Details

Multifamily Units 6

Taxes and HOA fees

Annual Taxes $20,655

Amenities

Downtown
Level
Premium

Building Details

Year Built 1800
Listing Agency: COMPASS PENNSYLVANIA, LLC
Listed By: REVI M HAVIV · License #2183567
Source: Corcoran
Added: Jun 17 Changed: Aug 8 Last Checked: Aug 11 at 9:18AM

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 COMPASS PENNSYLVANIA, LLC

Investment Insights

Based on property information with market context.

This fully renovated mixed-use property includes three commercial storefronts and six residential apartments. The residential units consist of a mix of one- to four-bedroom layouts, and five of the six units have undergone extensive recent updates, including refreshed kitchens and bathrooms, new flooring, updated lighting, replaced appliances, and fresh interior finishes. Several apartments feature multi-level, townhouse-style layouts with exposed brick, along with private outdoor spaces. Ownership has also completed a range of exterior and common-area improvements, including exterior painting and maintenance, renovated common areas, new patios and decks, upgraded steps and footings, and roof improvements.

Located in downtown New Hope on a highly visible commercial corridor, the storefront component benefits from street exposure. A private parking lot located behind the buildings provides dedicated off-street parking for both residents and commercial tenants, where parking is described as difficult to secure.

For buyers and operators, the property offers a diverse in-place income stream across street-level retail and residential units, with significant capital improvements already completed. The mix of storefront space and apartment configurations, supported by the recent interior and exterior work, can support long-term use as a combined retail and rental asset in a walkable downtown setting.

Key Highlights

  • Fully renovated mixed‑use building with 3 commercial storefronts and 6 residential apartments in downtown New Hope
  • 5 of 6 residential units renovated with updated kitchens, bathrooms, flooring, lighting, appliances, and fresh interior finishes
  • Private off‑street parking lot behind the buildings provides dedicated parking for residents and commercial tenants

Property Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Auto Parts Store Nail Salon Kitchen & Bath Showroom Daycare Center Computer & Electronic Repair Storage Facility

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

6
Residential units

Location Intelligence

Trade Area within ½ mile

809
Businesses Nearby

Demographics for 18938, PA

14,301
Population
6,369
Households
2.2
Avg Household Size
54
Median Age
67%
College-Educated
97%
High-School Grad
40.9 sq mi
ZIP Area
350
Density / Sq Mi
$161,146
Median Household Income
$93,397
Median Earnings
$2,005
Median Rent
$701,700
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Fully renovated mixed-use building with three storefronts and six residential apartments plus private off-street parking.
Where is this mixed-use property located?
The property is located at 12-20 W Bridge St New Hope, PA.
What is the asking price?
The asking price for this property is $3,985,000.
What are key features of this property?
This property features: Fully renovated mixed‑use building with 3 commercial storefronts and 6 residential apartments in downtown New Hope; 5 of 6 residential units renovated with updated kitchens, bathrooms, flooring, lighting, appliances, and fresh interior finishes; Private off‑street parking lot behind the buildings provides dedicated parking for residents and commercial tenants
More about this property
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