203 Sycamore St Newtown, PA 18940-1514

Property Details for 203 Sycamore St

Year built

1800

Lot size

0.34 lot acres

Property size

4,536 SF

Zone code

R1

Property type

Turn key restaurants

APN

29-012-016-001

APU

29012016001

Description

This exceptional opportunity presents the chance to acquire a historically significant restaurant in Newtown, Bucks County, Pennsylvania. Located at the signalized intersection of North Sycamore Street and Jefferson Street, this free-standing building boasts 5,902 square feet of space, originally constructed in 1796 and extensively renovated in 2019. Currently configured as a restaurant with seating for over 140 patrons, including additional outdoor dining on a wraparound porch, the property also includes two apartments and substantial lower-level space. The 0.34-acre lot provides 25 parking spaces. Situated in Newtown's Town Center (Tc) zoning district, this property allows for a variety of uses. Its prime corner location offers exceptional visibility and accessibility, benefiting from high vehicular and pedestrian traffic. The property is directly across from national retailers and enjoys a strong demographic profile, with over 109,000 residents within a 5-mile radius and an average household income exceeding $126,000. Convenient access to Philadelphia, New Jersey, and New York, along with proximity to major roadways like the Newtown Bypass (PA 332) and PA 413, further enhances its appeal. This turn-key restaurant presents a significant investment opportunity with potential for value-add through the existing apartments. A liquor license is available. The asking price is $3,950,000. The APN is 29-012-016-001.

Location Insight

City

Newtown

County

Bucks

State

Pennsylvania

Longitude

-74.9374

Latitude

40.2329

CBSA code

37980

CBSA name

PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA

Property Tax & Assessments