Iconic Newtown Restaurant w/ Liquor License

203 N Sycamore St, Newtown, PA 18940

  • For Sale $3,950,000
  • Property Type Retail - Freestanding
  • Property Size 5,902 SF
  • Lot Size 0.34 Acre
  • Additional Rent Contact for pricing
  • Parking Spaces Avail. 25
  • Parking Ratio 4.00 / 1,000 SF
  • Year Built 1796
  • Year Renovated 2019
  • Date Updated Nov 14, 2024
Prime, free-standing corner restaurant space located in the heart of historic Newtown Township, Bucks County, Pennsylvania. Prominent location in a fast growing area of Newtown. In close proximity to many local and national retailers, prime shopping and dining. Located at the corner of a signalized intersection, this property provides exceptional accessibility and visibility to both local and commuter traffic.SVN is pleased to present the exceptional and rare opportunity to acquire an iconic property located in Newtown, Bucks County. The offering is for a quintessential building with historic ambiance at the signalized intersection of North Sycamore Street and Jefferson Street in Newtown which has a history of housing successful restaurant businesses. The building is currently fit out as restaurant space with seating for 140+ patrons indoors with additional outside dining available on a beautiful wraparound porch. Originally built in 1796 and expanded over time, this free-standing building measures approximately 5,900 square feet which is comprised of restaurant space and two apartments. The building also has substantial space in the lower level (basement) which currently serves the restaurant operation. The site is conveniently situated in Newtown’s Town Center (TC) zoning district, which allows for a variety of uses by right. The site enjoys an excellent demographic profile and accommodates both walking and vehicular retail traffic. This offering represents a unique and truly extraordinary opportunity to establish/invest in a business to join the local, regional and national operators presently enjoying Newtown’s thriving retail market.

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Highlights

  • Prime corner retail opportunity
  • Turn-key restaurant
  • Recent capital improvements
  • Potential income producing investment property
  • Value add potential (2 apartments)
  • R - Liquor license available
  • Located at a signalized intersection
  • Large street front display windows
  • Directly across from national retailer shopping
  • Heavy vehicular and pedestrian traffic
  • Quality demographic profile
  • Over 109,000 residents within a 5 mile radius / average HH income >$126,000
  • Town Commercial District (TC) - many permitted uses, by right
  • Convenient access to Philadelphia, New Jersey and New York
  • Minutes to Newtown Bypass (PA 332) and PA 413

Contacts

broker

Chichi E. Ahia

SVN | Ahia Commercial Real Estate

Location

Getting Around

  • Walk Score ®

    85/100 Very Walkable
  • Bike Score ®

    53/100 Bikeable
Powered by Walk Score ®
  • City Newtown, PA
  • Neighborhood Tyler Walk
  • Zip Code 18940
  • Market Philadelphia

Points of Interest

  • Yardley

    5.63 miles

  • Lahaska

    8.28 miles

  • Warminster

    8.41 miles

  • Forest Hills

    8.50 miles

  • New Hope Station

    9.19 miles

  • Croydon

    9.77 miles

  • Rick Steele's Gulf

    0.96 miles

  • Exxon

    2.55 miles

  • Tesla

    2.87 miles

  • ChargePoint

    3.81 miles

  • Blink

    3.96 miles

  • Sunoco

    4.02 miles

  • LUKOIL

    4.05 miles

  • Wawa

    4.22 miles

  • Shell

    4.55 miles

  • Lukoil

    4.81 miles

  • Rolling Hills Elementary School Parking Lot

    2.45 miles

  • Equestrian Trail Parking

    2.65 miles

  • Autos

    3.94 miles

  • Trucks

    3.97 miles

  • Afton Limousine Service

    5.25 miles

  • Bowman's Hill Tower Parking

    6.44 miles

  • D&L Trail Parking

    6.62 miles

  • Pennypack Trail Byberry Road Trailhead

    8.87 miles

  • Muncipal Lot

    9.75 miles

  • Meglio

    0.00 miles

  • Newtown Pizza

    0.12 miles

  • Sycamore Grill

    0.16 miles

  • Modern Korean Cuisine

    0.21 miles

  • Harvest

    0.21 miles

  • Jule's Thin Crust Pizza

    0.21 miles

  • Saladworks

    0.22 miles

  • Oishi

    0.23 miles

  • Rocco's at The Brick

    0.24 miles

  • La Stalla

    0.24 miles

  • Walgreens

    0.18 miles

  • McCaffery's

    0.33 miles

  • Acme

    0.42 miles

  • Giant

    1.27 miles

  • Shady Brook Farmer's Market and Deli

    2.73 miles

  • Market At Styer Orchards

    3.37 miles

  • McCaffrey's

    3.56 miles

  • Macy's

    4.53 miles

  • Oxford Valley Mall

    4.53 miles

  • JCPenney

    4.58 miles

Frequently Asked Questions

How much does Iconic Newtown Restaurant w/ Liquor License cost?

The space currently listed for sale at Iconic Newtown Restaurant w/ Liquor License asks for $3,950,000.

What is the total square footage of Iconic Newtown Restaurant w/ Liquor License?

Iconic Newtown Restaurant w/ Liquor License totals 5,902 square feet.

When was this property built?

Iconic Newtown Restaurant w/ Liquor License was built in 1796.

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Contact Listing Broker

broker

Chichi E. Ahia

SVN | Ahia Commercial Real Estate