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Historic Mixed-Use Downtown Building
For Sale
$2,885,000

41 N MAIN STREET, New Hope, PA 18938

Landmark building with an operating restaurant, 19-space parking lot, four office suites, and a two-bedroom apartment.

Property Size4,667 SF
Days on Market81

Property Features for 41 N MAIN STREET

General Information

Standard status Active
Size 4,667 SF
Total Parking Spaces 19
Property subtype Mixed Use

Units

Multifamily Units 1
Office Units 4

Taxes and HOA fees

Annual Taxes $11,512

Building Details

Building Size 4,667 SF
Year Built 1900
Listing Agency: Compass Pennsylvania, LLC
Listed By: Revi M Haviv · License #2183567
Source: Kingswayrealty
Added: Jun 5 Changed: Aug 23 Last Checked: Aug 24 at 3:06AM

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.

41 N Main Street is a landmark, historically significant commercial building in downtown New Hope. The property was formerly the Town Hall, Police Department, and original Firehouse, and it includes an established restaurant and café operation. Also on-site is a separately operated 19-space parking lot with a self-operating kiosk.

In addition to the income-producing restaurant and parking component, the building features four professional office suites. A well-maintained two-bedroom residential apartment and a detached four-car garage further diversify the property’s rentable mix.

Overall, the building is meticulously maintained and designed to support multiple revenue streams from its restaurant, parking lot, office suites, and residential unit.

Key Highlights

  • Landmark commercial building (built 1900) on N Main Street in downtown New Hope.
  • Includes an operating restaurant and café with established business and strong lease terms.
  • Separate 19‑space parking lot with a self‑operating kiosk generating direct revenue.

Property Analytics

Current Use

Ducere Pharma, LLC Gym & Fitness Center Russo's Pizza Restaurant

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

4
Office units
1
Residential units

Location Intelligence

Trade Area within ½ mile

1,302
Businesses Nearby
12k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 68% Dining 32%
Exxon Shops & Services
5,323 visits/mo 0.5 miles
Dunkin' Donuts Dining
3,936 visits/mo 0.0 miles
Sunoco Shops & Services
3,127 visits/mo 0.5 miles

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 Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Landmark building with an operating restaurant, 19-space parking lot, four office suites, and a two-bedroom apartment.
Where is this conventional restaurant located?
The property is located at 41 N MAIN STREET New Hope, PA.
What is the asking price?
The asking price for this property is $2,885,000.
What are key features of this property?
This property features: Landmark commercial building (built 1900) on N Main Street in downtown New Hope.; Includes an operating restaurant and café with established business and strong lease terms.; Separate 19‑space parking lot with a self‑operating kiosk generating direct revenue.
More about this property
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