Iconic Newtown Restaurant w/ Liquor License

For Sale

203 N Sycamore St, Newtown, PA 18940

This Newtown property for sale is located at 203 N Sycamore St. The current listed sale price for Iconic Newtown Restaurant w/ Liquor License is $3,950,000. Iconic Newtown Restaurant w/ Liquor License is situated on a lot that is 0.34 acre in size.

Contacts

broker

Chichi E. Ahia

SVN | Ahia Commercial Real Estate

(215) 757-2500

Property Details

  • Property Type Retail - Freestanding
  • Property Size 5,902 SF
  • Lot Size 0.34 Acre
  • Parking Spaces Avail. 25
  • Parking Ratio 4.00 / 1,000 SF
  • Year Built 1796
  • Year Renovated 2019
  • Date Updated Mar 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

Getting around

  • 85/100

    Walk Score ®

  • 53/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Newtown, PA
  • Neighborhood Tyler Walk
  • Zip Code 18940
  • Market Philadelphia

Points of Interest

  • Woodbourne

    3.80 miles

  • Langhorne

    5.15 miles

  • Yardley

    5.63 miles

  • Neshaminy Falls

    6.08 miles

  • Trevose

    6.84 miles

  • Somerton

    8.09 miles

  • Lahaska

    8.28 miles

  • Warminster

    8.41 miles

  • Forest Hills

    8.50 miles

  • Levittown

    9.02 miles

  • Rick Steele's Gulf

    0.96 miles

  • Exxon

    2.55 miles

  • ChargePoint

    3.81 miles

  • Blink

    3.96 miles

  • Exxon

    4.00 miles

  • Sunoco

    4.02 miles

  • Exxon

    4.05 miles

  • LUKOIL

    4.05 miles

  • Wawa

    4.22 miles

  • Exxon

    4.23 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

  • D&L Trail Parking

    8.02 miles

  • Pennypack Trail Byberry Rd Trailhead

    8.87 miles

  • Muncipal Lot

    9.75 miles

  • Meglio

    0.00 miles

  • Green Parrot

    0.15 miles

  • Sycamore Grill

    0.16 miles

  • Zoës Kitchen

    0.20 miles

  • Modern Korean Cuisine

    0.21 miles

  • Harvest

    0.21 miles

  • Jule's Thin Crust Pizza

    0.21 miles

  • Jule's Thin Crust

    0.21 miles

  • Saladworks

    0.22 miles

  • Oishi

    0.23 miles

  • Walgreens

    0.18 miles

  • McCafferty'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

  • Giant

    3.44 miles

  • McCaffrey's

    3.57 miles

  • Giant

    3.91 miles

  • Acme

    4.32 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker

broker

Chichi E. Ahia

SVN | Ahia Commercial Real Estate

(215) 757-2500