2481 River Road

New Hope, PA
$ 1,900,000 Beds 0 Baths 0 Sq 4,122
Monthly Estimate* How much can I afford?

On almost FOUR acres is a FABULOUS opportunity to own a commercial antique property zoned LIGHT INDUSTRIAL with a MULTITUDE of uses: medical, B and B, just steps away from New Hope Borough!! Positioned just north of New Hope and south of the historical village of Phillips Mill, its little surprise is that this property was built by a Pennsylvania Impressionist/New Hope School artist. Painter Robert Spencer (1879-1931) used its airy, light-filled studio spaces to create works now in the collections of museums and collectors around the world. The property is zoned "LIGHT INDUSTRIAL" and most recently, the property has been updated by its professional designer/owner to serve a commercial/residential use. Its plan is very smart and its finishes are top grade. With a fireplace with raised-panel surround and dramatic two story wall of windows, the studio/reception room could just as easily serve as a grand living room. French doors open into the formal dining room. A staircase leads to a loft with doors to second-floor bedrooms/offices. Behind the studio is a wet bar/butler's pantry with plenty of storage, a wine chiller, under-mount sink and stone countertops. A powder room is also tucked away here. Timeless in its design, the kitchen is finished with Quartz countertops, Viking refrigerator-freezer, Fisher-Paykel drawer dishwasher, Shaws Original farmhouse sink and custom cabinetry that fits the period of the house. There is a conference room with beautiful wainscoting and original wood floors. A second powder room and back staircase are nearby. French doors open to a study/second living room with fireplace, high ceilings and a triple window. Step through another set of French doors to a sun porch. On the second floors are four spaces that had been bedrooms that are now used as office/studio spaces, along with a full hall bath. As a bonus, there is a TWO bedroom TWO full bath guest cottage with fireplace, two private patios, and a bank of garages along with off-street parking. Recent mechanical updates include two zones of heat/AC in the main house and a backup generator for the property. The location is superb for access to New Hope and New Jersey. Come and experience the property where Pennsylvania Impressionist works came to life as Spencer, in 1916, formed The New Hope Group along with such luminaries as Daniel Garber, William Lathrop, Rae Sloan Bredin, Charles Rosen and Morgan. Property has DIRECT access to Route 202, is an hour and 20 minutes to Manhattan and 60 minutes to Philadelphia!! An hour from Newark International Airport and just over an hour to Philadelphia International Airport!! Square footage is just an ESTIMATE and seller not responsible for square footage accuracy. The cottage could be additional office/studio space but is currently generating income as a two bedroom two full bath cottage. Endless opportunities!!

Commercial

  • Price
  • $ 1,900,000
  • Lot Size
  • 3.86 Acres
  • Bedrooms
  • 0
  • Sqr Footage
  • 4,122
  • Full Bathrooms
  • 0
  • Year Built
  • 1931
  • Half Bathrooms
  • 0
  • City, Zip
  • New Hope
  • Taxes
  • 13945
  • County
  • BUCKS
  • Style
  • Bed and Breakfast,Banquet Facility/Lodge,Day Care
  • Area
  • Solebury Twp
  • MLS#
  • PABU500554
  • Zip
  • 18938
Listing Provided by: Kurfiss Sotheby's International Realty

Features

General

Accessibility 2+ Access Exits
Business Type Bed and Breakfast, Banquet Facility/Lodge, Day Care Facility, Flex, Hair Salon and Spa, Hotel/Motel, Medical
Construction Materials Frame
Cool Fuel Electric
Cooling Central A/C
County BUCKS
Electric 200+ Amp Service
Exclusions This is a building/land sale ONLY. The business is NOT for sale. Property also includes a two bedroom two bath cottage that rents out at $1795 per month and is currently occupied.
Flooring Wood, Tile/Brick, Stone
Heating Baseboard - Electric, Central
Location Type Highway
MLS Area Solebury Twp (10141)
New Construction No
Ownership Fee Simple
Possession Negotiable
Price Per Sq Ft 460.94
Property SubType Mixed Use
Property Type Commercial Sale
Real Estate Owned Y/N No
Roof Asphalt
Security Features Monitored, Security System, Smoke Detector
Sewer On Site Septic
Tax Annual Amount 13945.0
Tax Lot 068
Tax Year 2020
Total Units 2
Vacation Rental Y/N No
View Courtyard, Garden/Lawn
Water Access Y/N No
Zoning LI

Interior Features

Central Air Y/N Yes
Entry Level 1
Heating Fuel Oil
Heating Y/N Yes
Hot Water Electric
Total Restrooms 3

Exterior Features

Building Area Total 4122.00
Car Parking Spaces 20
Fencing Y/n No
Lot Dimensions 0.00 x 0.00
Lot Size Acres 3.86
Lot Size Source Assessor
Lot Size Square Feet 168142.00
Navigable Water Y/N No
Total Parking Spaces 22
Type of Parking Driveway, Parking Lot
Water Oriented Y/N No
Water Source Public
Water View Y/N No
Waterfront Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,068

Per Month

Based on the average sale price from the Ashburn, VA office

  • Monthly Principal & interest $1,939
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 4.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Schools

Elementary School Unknown Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

7/2/2020 Listed $1,900,000

Property vs Zip Code Average in 18938

Price
AVG $990K
$1.9M
Taxes
AVG $24,240
$13,945
Visits
AVG 60
64
Year Built
AVG 1886
1931
Walkscore
AVG 41
11
Data Provided by Walkscore ® not using MLS data

Map

2481 River Road New Hope, PA is a Single Family Home for sale at $1900000 with 4122 sqft and a lot size of 3.86 Acres Acre(s). 2481 River Road New Hope has 0 bedrooms, 0 baths and was built in 1931. The property's zip code is 18938 which is in New Hope, PA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 4.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.