Retail Space / Pennsylvania / Newtown / 18940 / 103 South State Street

103 South State Street

Q: What is the asking price for 103 South State Street in Newtown?

The asking price for 103 South State Street is $1,495,000

Q: What is the building size of this Retail property in Newtown, PA?

The size of the building/unit at 103 South State Street in Newtown is 3,862 square feet.

Q: How much land does the Newtown, PA property at 103 South State Street include?

103 South State Street in Newtown includes 0.100 acres of land.

Q: What kind of Retail is the propery at 103 South State Street?

The property at 103 South State Street Newtown, PA 18940 is listed as a Other Retail Retail property.

Q: What is the population within 1 mile of 103 South State Street?

The population within 1 mile of 103 South State Street Newtown, PA 18940 is 6,472 people.

Q: Who do I contact for questions about 103 South State Street?

You should contact the listing agent, Chichi Ahia, for any details regarding this commercial listing.

Newtown, PA 18940

Listing ID: 207437

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Building Size: 3,862 SF

Lot Size: 0.100 AC

Land Size: 4,356 SF

Building $/SF: $387.11

Land $/SF: $343.20

Price

$1,495,000

Description

SVN Ahia Commercial Real Estate is pleased to present a truly exceptional retail investment opportunity in the Heart of Historic Newtown Boro, Bucks County, Pennsylvania. The property offers a stately presentation in an uncompromising environment comprised of historic significance and modern relevance. Originally built circa 1795 and expanded over time, this free-standing mixed-use property features over 2,800 square feet of prime retail space on the main level (presently home to a well-established florist, est. 1960) and a 3-4 bedroom apartment above, offering Tenants access to an incomparable downtown living experience.
The Historic Torbert House is positioned adjacent to two National Credit Tenants (Starbucks and GapBody) and proximate to the iconic Steepleview project - a $100MM redevelopment project which is underway in the Borough of Newtown (Phase 1 is complete). Once completed, the project will be the largest in the Borough's history. It is slated to include 110 Luxury Condominiums, a 5-story parking garage, town square, and more. Two additional National Credit Tenants have committed to the project (Banana Republic & Francesca's).
The site is situated in the Newtown Borough 'Town Center' (TC) zoning district, which allows for a variety of uses by right. The demographics and foot traffic for a successful retail business are in place. This offering represents a unique and truly extraordinary opportunity to establish a business in the center of Newtown Borough retail renaissance.
Highlights
Historic Torbert House - Occupied for many years by Job Hollinshead, a clock and watch maker, who conducted his business at this site
Est. circa 1795
Mixed-use investment opportunity
Strategic town centre location
Heavy vehicular and pedestrian traffic
2,800 square feet of retail space
3 - 4 bedroom apartment
Near signalized intersection
Large street-front display windows
Adjacent to two National Credit Tenants (Starbucks & GapBody)
Newtown Borough Town Center (TC) Zoning - many allowable uses by right
Across from a major redevelopment site delivering 110 Luxury Condominiums, national retailers and a five-story parking garage to
Newtown Borough

Attachments & Files

om-103sstatestreetnewtown-l2a-pjG.pdf

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Philadelphia History of Retail Space for Sale

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Listing Demographics for 103 South State Street Newtown, PA 18940

All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

		1-Mile	3-Miles	5-Miles
Total Population		6,472	46,183	113,690
Population Median Age		44	43	43
Population by Age	0-9 Yrs	682 (10%)	4580 (9%)	11391 (10%)
	10-19 Yrs	619 (9%)	5508 (11%)	14209 (12%)
	20-29 Yrs	538 (8%)	4181 (9%)	11207 (9%)
	30-39 Yrs	840 (12%)	5358 (11%)	12647 (11%)
	40-49 Yrs	729 (11%)	5470 (11%)	13212 (11%)
	50-59 Yrs	1209 (18%)	7950 (17%)	19073 (16%)
	60-69 Yrs	968 (14%)	7291 (15%)	16746 (14%)
	70+ Yrs	888 (13%)	5844 (12%)	15205 (13%)

Median HH Income		$110,712	$119,926	$118,896
Total Household Income	< 24K	303 (10%)	1432 (7%)	3343 (7%)
	25-49K	323 (11%)	1916 (10%)	4667 (10%)
	50-74K	402 (14%)	2317 (12%)	5092 (11%)
	75-99K	274 (9%)	2043 (11%)	4875 (11%)
	100-199K	869 (30%)	6195 (33%)	14541 (34%)
	200K+	670 (23%)	4349 (23%)	10041 (23%)

Highest Education Level	No Diploma	108	754	2803
	Diploma or GED	762	5287	15011
	Some College	558	3924	11197
	Assoc. Degree	345	2413	6336
	Bachelors Degree	1649	11553	25266
	Higher Degree	1421	9803	21090

Total Housing Units		2,964	18,959	44,113
--Owner-Occupied		2,138	15,216	36,071
--Renter-Occupied		703	3,036	6,488
Owner-Occupied Values	< 100K	21	140	586
	100-199K	96	795	1432
	200-299K	371	2536	5996
	300-399K	413	3293	9347
	400-499K	533	3698	8221
	500K+	703	4755	10489

Total Working Age Population		5,453	38,247	93,789
In Work Force		3,740	25,952	62,158
Not In Work Force		1,713	12,295	31,631
Workforce Employed		3,617	24,979	59,860
Workforce Unemployed		123	962	2,270
Civlian Workforce		3,740	25,941	62,130
Military Workforce		0	11	27

Total Households		2,840	18,252	42,559
Family Households		1,759	12,874	31,650
Non-Family Households		1,081	5,378	10,909
Married Couple		1,543	11,322	27,441
Other Family		216	1,552	4,209
Married w/Child		637	4,439	10,498
Single Male w/Child		14	151	517
Single Female w/Child		77	544	1,284

Population Change Last Two Decades - Plus Projection

	2000	%	2010	%	2020	%	2030
New Jersey	8,414,350	+4	8,791,894	+4	9,132,700	+4	9,530,900
Burlington County	423,394	+6	448,734	0	450,000	+3	464,900
Mercer County	350,761	+4	366,513	+3	379,000	+5	397,400
Pennsylvania	12,281,054	+3	12,702,379	+4	13,230,170	+4	13,759,594
Bucks County	597,635	+5	625,249	+1	629,420	+1	637,730
Montgomery County	750,097	+7	799,874	+5	838,883	+6	891,868

Total Working Age Population:

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No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

Common Questions and Answers

What is the asking price for 103 South State Street in Newtown?

The asking price for 103 South State Street is $1,495,000

What is the building size of this Retail property in Newtown, PA?

The size of the building/unit at 103 South State Street in Newtown is 3,862 square feet

How much land does the Newtown, PA property at 103 South State Street include?

103 South State Street in Newtown includes 0.100 acres of land

What kind of Retail is the propery at 103 South State Street?

The property at 103 South State Street Newtown, PA 18940 is listed as a Other Retail Retail property

What is the population within 1 mile of 103 South State Street in Newtown?

The population within 1 mile of 103 South State Street Newtown, PA 18940 is 6,472 people.

Who do I contact for questions about 103 South State Street?

You should contact the listing agent, Chichi Ahia, for any details regarding this commercial listing.

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Closest Commercial Airports

Airport	Distance (mi)
Philadelphia International Airport (PHL)	29
Newark Liberty International Airport (EWR)	52
John F Kennedy International Airport (JFK)	67