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Investment Highlights

  • High Visibility On Heavily Trafficked Road
  • Commercial and Residential Opportunities
  • Fully Leased
  • Flexible Interior Spaces

Executive Summary

Priced to Sell!!!
A rare opportunity to acquire a highly visible residential-commercial investment along the coveted Route 202 corridor between New Hope and Peddler’s Village - one of Bucks County’s most heavily traveled and commercially proven locations. With dual zoning, strong traffic counts, and multiple income configurations, this property offers exceptional long-term value for investors, owner-users, or business operators seeking exposure in a premier setting. Anchoring the property is a circa 1750 Bank House rich in historic appeal, currently under a newly executed two-year lease with reliable long-term tenants, providing immediate income stability. The layout allows for continued residential rental use, professional office conversion, or future repositioning to support a wide range of commercial applications. The presence of dual stone fireplaces and flexible interior spaces enhances its appeal for both residential and professional tenants. A separate ranch-style building adds a second income stream and significant upside potential. Recently improved with a new bathroom, tankless water heater, new roof, and plumbing in place for a kitchen and laundry, this structure is well suited for commercial use, a live/work setup, studio space, or short-term rental conversion, subject to buyer strategy. Garage space and over ten newly paved parking spaces further elevate the property’s functionality and rarity along this stretch of Route 202. Major capital improvements - including a new septic system and updated water treatment -reduce near-term ownership risk and enhance long-term durability. With multiple paths to generate income exceeding $5,000 per month (over 6% Cap Rate), strong visibility for business use, and enduring demand driven by proximity to New Hope’s retail, dining, and tourism economy, this property represents a compelling investment in one of Bucks County’s most desirable and resilient corridors. Residential home has a lease in place through September 2027.

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
1,768 SF
Building Class
C
Year Built
1789
Price
$1,225,283 CAD
Price Per SF
$693.03 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.03
Lot Size
1.23 AC
Zoning
Village Commercial (VC1) - Mixed Commercial and Residential
Parking
10 Spaces (5.66 Spaces per 1,000 SF Leased)
Frontage
55’ on Lower York Rd

Property Taxes

Property Taxes

Parcel Number
41-022-037
Land Assessment
$17,500 CAD
Improvements Assessment
$50,047 CAD
Total Assessment
$67,547 CAD
  • Listing ID: 38948552

  • Date on Market: 2026-01-02

  • Last Updated:

  • Address: 6230 Lower York Rd, New Hope, PA 18938

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