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1073 Mill Creek, Newtown, PA 18940
$2,399,000
1073 Mill Creek, Newtown, PA 18940View this property at 1073 Mill Creek, Newtown, PA 18940
1073 Mill CreekNewtownPA18940
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Property Description
Restaurant/Pub with Liquor License Completely Renovated down to the studs in 2022 on 1.58 Acres with plenty of parking. For over 100 years the Wycombe House has been a Dining and Gathering place for the community. There is a lovely Al Fresco dining area with a fire pit and bar. The Restaurant and Outdoor dining can accommodate up to 153 patrons. There are a total of 5 restrooms all modern and up to code. To keep your patrons comfortable the HVAC system has several zones and again is all new. As with the building and outside dining area the parking lot is newly paved as of 2022 as was the Roof. - The restaurant was purchased in early 2022 and was completely renovated and upgraded for a restaurant-pub. It was open for 1 year and sold but returned to the market. - Has a century of warm reputation and success as a successful dining and pub experience - All equipment is within 1 1/2 years with only one year of usage - The entire Building is updated to current codes and ready for occupancy - The Liquor License allows for 52 off-site catering usages per year
Full Property Details
Full Property Details for 1073 Mill Creek
General
- Price: $2,399,000
- Taxes: $9,497 (2023)
- Status: Active
- Type: Business
- MLS ID: PABU2068090
- Updated: 4/16/2024
- Added to Site: 54 day(s) ago
Business
- Business Type: Restaurant/Bar
Interior
- Flooring: Wood
Rooms
Bathrooms
- Restrooms: 4
Additional Information
- Security/Safety: 24 hour security, Electric Alarm
Parking
- Total Spaces: 62
- Parking Features: Private, Paved Parking, Handicap Parking
- Parking Type: Parking Lot, Other
Location
- Area: Wrightstown Twp (10153)
- Municipality: WRIGHTSTOWN TWP
- County: Bucks
- Cross Streets: Washington Ave
- Driving Directions: Use Newtown in the GPS Off the corner of Washington Ave in Wycombe, PA
Heating & Cooling
- Central air: Yes
- Cooling Type: Central A/C, Ductless/Mini-Split, Zoned
- Cooling Fuel: Natural Gas
- Heating Type: 90% Forced Air, Baseboard - Hot Water
- Heating Fuel: Natural Gas
- Water Heater: Natural Gas
Utilities
- Sewer: On Site Septic
- Water: Public
- Utility Description: Natural Gas Available, Electric Available
Structural Information
- Construction: Wood Siding
- Roof: Asphalt
- Doors: ENERGY STAR Qualified Door(s), Insulated
- Stories/Levels: 0
- Year Built: 1902
- Year Built Source: Estimated
Unit Information
- # Tenants: Single
Lot Features
- Lot Size (Acres): 1.58
- Lot Size (Sq. Ft.): 68,781
- Lot Size Source: Assessor
- Lot Dimensions: 0.00 x 0.00
- Zoning: VR1
Green Features
- Energy Efficient: Appliances, HVAC
Financial Considerations
- Price Per Sq. Ft.: $461.61
- Assessment Year: 2023
- School Tax: $7,580
- City/TownTax: $510
- City/TownTax Freq: Annually
- County Tax: $1,406
- County Tax Freq: Annually
- Tax w/Assessment: $55,270
- Tax Amount: $9,497
- Tax Year: 2023
Disclosures and Reports
- Buyer’s Brokerage Compensation: 2.5%
- Ownership: Fee Simple
- Exclusions: Two Darni Lamps
- Inclusions: All Restaurant Equipment.
- Lot Number: 22
Listed by Keller Williams Realty - Moorestown, Ralph A Rizziello
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Price & Sales History for 1073 Mill Creek
Date
Details
Price
Change
Source
4/04/2024
Listed
$2,399,000
242.71%
MLS
2/25/2022
Sold
$700,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1073 Mill Creek
Year
Property Taxes
Change
Tax Assessment
Change
2024
$9,761
4%
$55,270
—
2023
$9,349
1%
$55,270
—
2022
$9,257
2%
$55,270
—
2021
$9,114
2%
$55,270
—
2020
$8,897
2%
$55,270
—
2019
$8,693
2%
$55,270
—
2018
$8,533
4%
$55,270
—
2017
$8,197
2%
$55,270
—
2016
$8,044
6%
$55,270
4%
2015
$7,578
—
$52,900
—
2014
$7,541
—
$52,900
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1073 Mill Creek
1073 Mill Creek, Newtown, PA 18940 (MLS# PABU2068090) is a Business property. 1073 Mill Creek is currently listed for $2,399,000 and was received on April 04, 2024. Want to learn more about 1073 Mill Creek? Do you have questions about finding other Business real estate for sale in Newtown? You can browse all Newtown real estate or contact a Coldwell Banker agent to request more information.