101 S State St

NEWTOWN, PA 18940

About this property

BUSINESS ASSET SALE ONLY - Long Standing and Well known, Popular Restaurant with Liquor License. 4400 Sq. ft building plus outdoor seating. Recently underwent substantial improvements. Includes inventory at asking price. Large outside patio. Long term Lease available. Lease cost is $9500/month NNN for real estate. Liquor License can be purchased for $425K or financed at $1400/month. Much more potential upside. Should be an experienced operator. Price Just Reduced. This reduction is an amazing steal at this price. Real Estate and liquor license is available for sale at an asking price of $1.95million with approved 1600 sf expansion plan.. Seller will consider lease-purchase with $50,000 deposit. Terms are negotiable.

Date Added
September 14, 2019
Listing Status
Active
Days On Site
160
MLS#
PABU480086

Features and Additional Information

Lot Size
0 SqFt
Acreage
0.00
Property Type
Commercial
Style
Industrial
Sub-Type
Resale
Year
0
Garage
0
Pool
No
Story(s)
0
Property View
No
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$90,000 Active
0 Beds
0 Baths
0 SQFT

Presented By Addison Wolfe Real Estate

Get in touch today! Phone: (215) 862-5500
Brokerage
New Hope
(215) 862-5500
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Area Information

Newtown Boro (10128) | County |

$ 90,000
This listing is play_arrow 88.1% lower than the average in the area
$ 757,450 in the area
7,679 SqFt
This listing is play_arrow 339.10% larger than the average in the area
1,972 SqFt in the area
$ 231 $/SqFt
This listing is play_arrow 22% less than the average in the area
$ 295 $/SqFt in the area
160 days on site
This listing is play_arrow 8.5% above the average in the area
148 days on site in the area

Schools in the Area

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    Elementary School
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    Middle School
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    High School

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