6230 LOWER YORK RD New Hope, PA 18938
1.23 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID PABU2097852
Year Built 1750
Annual Tax Amount $8,387
Tax Year 2025
Lot Size 1.230 Acres
Acres 1.23
Lot Dimensions 0.00 x 0.00
Property Sub-Type Mixed Use
Source BRIGHT
Property Description
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.
Location
State PA
County Bucks
Area Solebury Twp (10141)
Zoning R1
Interior
Hot Water Tankless
Cooling Window Unit(s), Central A/C
Flooring Solid Hardwood
Heat Source Natural Gas, Propane - Owned
Exterior
Garage Spaces 11.0
Water Access N
View Garden/Lawn, Courtyard, Street, Trees/Woods
Accessibility None
Total Parking Spaces 11
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District New Hope-Solebury
Others
Tax ID 41-022-037
Ownership Fee Simple
Special Listing Condition Standard
- 10
Upper Elementary School
Public | 3 - 5
- 0
Buckingham Friends School
Private | KG - 8
- 0
Lower Elementary School
Public | KG - 2
- 0
Solebury Montessori School
Private | PK - KG
- 9
New Hope-Solebury Middle School
Public | 6 - 8
- 0
Solebury School
Private | 7 - 12
- 9
New Hope-Solebury High School
Public | 9 - 12