$950,000

20 W Mechanic St,Unit 9, New Hope, PA 18938
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Presenting a newly constructed, modern restaurant located on the renowned Restaurant Row in New Hope. This unique space, housed in a beautifully converted historic building, offers 2,004 square feet of total space, complete with outdoor seating and picturesque water views. The Falls at New Hope is a prestigious development featuring luxury restaurant and commercial spaces, expertly designed by award-winning architect Ralph C. Fey. The property is surrounded by exquisite landscaping and scenic views of the Aquetong Creek and the iconic Canal Path. Nestled in the heart of historic Bucks County, downtown New Hope offers a vibrant blend of dining and shopping experiences. Please note that the interior and exterior images provided are renderings intended to inspire.

Property type Conventional restaurants

Year built 2023

UPID US73-Q015064

Implied cap rate, NOI & suggested price

Cap rate vs submarket · NOI estimate · 3 price anchors

Construction Company General Contractor

20 W Mechanic St, Unit 9 New Hope, PA 18938

New Hope metro

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Comparables

6 recent transactions · within 1.5 mi

Comparable in this City

New

$6,750,000

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New

$950,000

2,004 SF

Modern Restaurant with Water Views

Restaurant space with outdoor seating in The Falls at New Hope, near dining, shopping, and the Canal Path.

20 W MECHANIC ST #9, 9, New Hope, PA 18938

View Details
New

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29 W Mechanic St, New Hope, PA 18938

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Restaurant Space with Outdoor Seating

Newly constructed restaurant in a converted historic building with outdoor seating and scenic water views.

9-20 W Mechanic St, New Hope, PA 18938

View Details

Similar Nearby for Sale

New

$6,750,000

Historic Church-to-Restaurant Building

Converted restaurant includes original stained glass, repurposed pews, and a speakeasy-style jazz lounge on the third floor.

15 S Main Street, New Hope, PA 18938

View Details
Contact for pricing

Mixed-Use Building with Private Parking

Mixed-use building with two commercial spaces, two remodeled apartments, and a private parking lot behind the property.

82 S Main St, New Hope, PA 18938

View Details
New

$950,000

2,004 SF

Modern Restaurant with Water Views

Restaurant space with outdoor seating in The Falls at New Hope, near dining, shopping, and the Canal Path.

20 W MECHANIC ST #9, 9, New Hope, PA 18938

View Details
New

Contact for pricing
2,035 SF

Corner Restaurant with Two Entrances

Restaurant space features expansive windows, abundant daylight, and zoning that supports a variety of commercial uses.

29 W Mechanic St, New Hope, PA 18938

View Details
$2,885,000

Historic Mixed-Use Downtown Building

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

41 N MAIN STREET, New Hope, PA 18938

View Details
$950,000

Restaurant Space with Outdoor Seating

Newly constructed restaurant in a converted historic building with outdoor seating and scenic water views.

9-20 W Mechanic St, New Hope, PA 18938

View Details

Similar Nearby for Lease

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