111 S STATE ST Newtown, PA 18940

INVESTMENT OPPORTUNITY! Contracted annual rental income of $56,000.00 with a possible $25K+ with potential immediate positive cashflow. Commercial building investment opportunity in the heart of Newtown Borough in a premiere location with high foot traffic. Located across the street from Starbucks and the famous Newtown Hardware House, The Bird in Hand, a rare find, and uncommon structure in today's marketplace, is a fabulous opportunity on a prime corner lot, prominently positioned on South State Street in Newtown Borough. Commanding the highest rental values, this location is a unique and exceptional offering. Zoned TC "town center", it is suited to the investor who requires office/retail/residential space w/EZ access to I-95, Trenton, Princeton and Philadelphia/New York metro area trains. Built in 1686, it boasts a richly documented history and has been impeccably preserved with its 7 fireplaces, detailed millwork, random-width wood floors and high open-beam ceilings. There is a brick-baking oven in the basement wall, which was used for centuries. Separate, private two-room apartment w/full bath. TC zoning allows multiple uses by right including mixed use, professional offices, restaurant, dwelling in combination with a business, retail and services businesses to name a few. This property is advisable for the user/investor combination where the purchaser can have their business and have an investment all in one package with potential for immediate additional positive cash flow and outstanding return on investment. 2 units. One with tenant in place to Oct 2023. 2 deeded off-street parking spaces with plenty on street parking and municipal lots across the street. Purchaser to be sufficiently capitalized and qualified to purchase before showing. Seller is a licensed PA & NJ Realtor. See also RES listing MLS # PABU519958