12-20 W Bridge Street
New Hope, PA, 18938 $ 3,985,000
Bedrooms-- Baths-- Sq 8,250 Monthly Estimate*
$ 24,536
for $3,985,000. This 8,250 square foot building was built in 1800 on a lot size of 0.32.
An exceptional mixed-use investment opportunity in the heart of downtown New Hope. Prominently positioned along one of the borough's most visible commercial corridors, this fully renovated property consists of three commercial storefronts and six residential apartments, offering a rare combination of strong in-place income, recent capital improvements, and long-term upside in one of Bucks County's most sought-after destinations. The commercial component benefits from excellent street exposure, steady foot traffic, and established tenants, while the residential offerings include a desirable mix of one- to four-bedroom apartments that command strong rental demand. Five of the six residential units have undergone extensive recent renovations, including updated kitchens, bathrooms, flooring, lighting, appliances, and fresh interior finishes. Several units feature multi-level, luxurious townhouse-style layouts, exposed brick, and private outdoor spaces, further enhancing their appeal. Ownership has made substantial investments throughout the property, including exterior painting and maintenance, renovated common areas, new patios and decks, upgraded steps and footings, and roof improvements. A valuable private parking lot located behind the buildings provides a significant competitive advantage in downtown New Hope, where dedicated parking is increasingly difficult to secure. Residents and commercial tenants alike benefit from convenient off-street parking while remaining just steps from the town's renowned restaurants, galleries, boutiques, entertainment venues, and the Delaware River. With a diverse income stream, attractive tenant mix, extensive recent improvements, and an irreplaceable downtown location, this is a rare opportunity to acquire a high-performing investment asset in the center of New Hope, PA.
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Commercial ActiveGeneral Retail,Apartment Building
FeaturesInteriorHeating Fuel Natural Gas
Hot Water Multi-tank
Heating Y/N Y
Central Air Y/N N
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GeneralSewer Public Sewer
Heating Baseboard - Hot Water Radiator
Cooling Wall Unit Ductless/Mini-Split
Possession Other
Zoning CC
Construction Materials Frame
Year Built 1800
View City
Property Subtype Mixed Use
Tax Year 2025
Ownership Fee Simple
Cool Fuel Natural Gas
Municipality NEW HOPE BORO
Business Type Other/General Retail Apartment Building
Accessibility Level Entry - Main
County BUCKS
New Construction N
Property Type Commercial Sale
Possible Use Apartment Building Apartments Commercial Clothing Investment Mixed Use Residential
Water Access Y/N N
Status ACTIVE
Directions Heading west on W Bridge Street from Main Street property on the right.
City NEW HOPE
Number Of Units Total 0
MLS Area New Hope Boro (10127)
Lot Size Units Square Feet
Lot Size Square Feet 13939.20
Tax Annual Amount 20655.0
Property Condition Excellent
Price Per Sq Ft Total AG 483.21
Vacation Rental Y/N N
Location Type Downtown
Standard Status Active
Year Built Source Estimated
Tax Lot 028
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ExteriorParking Features Private
Lot Features Level Premium
Water Source Public
Type of Parking Parking Lot
Foundation Details Concrete Perimeter
Water View Y/N N
Building Area Total 8247.00
Lot Dimensions 0.00 x 0.00
Lot Size Acres 0.32
Lot Size Source Estimated
Waterfront Y/N N
Land Assessed Value 55400.00
Navigable Water Y/N N
Water Oriented Y/N N
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* Excluded FeaturesList ByCompass Pennsylvania, LlcBroker
revimichele@gmail.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $24,536
- Monthly Property Taxes
- $1,721
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyCommerical listings in New Hope, PA
Average List Price $1,942,538
Percent of Sale Price 51%
About New Hope, PA 2,709 Population
20% Since 2002
$ 81,129 Median Income
50.55 Median Age
13% Households with Children
Trends Information provided by ATTOM Data Solutions.
2136830 Elementary School
2137124 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 6/18/2026 | $3,985,000 | | Listed Price |