$16,000

101 S STATE ST, Newtown, PA 18940

  • Property Icon other
  • Property Year Built Icon Built in ——
  • Property Lot Size Icon3,485sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 1 month ago

Property Description

Customize and complete the finishes in this restaurant/tavern with full liquor license in the center of downtown historic Newtown, PA. Known as the "Thorton House", the building is drenched in history dating back to the pre-Revolutionary War era (the tavern regularly hosted continental soldiers and officers) and has been modernized to entertain both locals and tourists alike who have flocked to a thriving Newtown Borough and the greater central Bucks County area. This prime corner location on the main downtown street is across from Starbucks and adjacent to a thriving historic residential neighborhood providing great foot / vehicle exposure and excellent local and regional demographics. (it is also one block away from the newly proposed Liberty Centre project which includes 100 downtown townhomes). The building comfortably seats 100+ inside and features a turn-key working kitchen, 2 dining rooms, a 1st floor bar room, a 2nd floor bar room w/ dedicated service area, 5 bathrooms and 1k+ sq ft of storage space (including 2 walk in refrigerators), creating an array of dining and private/corporate dining opportunities. The borough has also approved a 1200 sq ft outdoor patio which the community is very excited about. Misc glassware, historic furnishings, equipment and fully operational kitchen equipment is included. Building is in great condition with new HVAC, roofs and exterior paint installed in 2025. 5 year triple net lease minimum (note: listed price is base rent only).

Listing Status:
Active
Data Last Updated:
March 18, 2026 at 12:19PM
Listing Office:
BHHS Fox & Roach-New Hope : 2158623385
Listing Agent:
Stephen G Darlington : 2158623385
MLS ID:
PABU2112898
  • A/C: Central A/C
  • Heating: Forced AirNatural Gas
  • Disability Feature: None
  • General: Stone
  • Originating MLS: BRIGHT_MAIN
  • School District: COUNCIL ROCK
  • County: BUCKS-PA
  • Zoning: VC28-002-042
  • Current Use: Vacant
  • Water: Public
  • Sewer: Public Sewer
  • Source: BRIGHT_MAIN

This listing courtesy of Stephen G Darlington , BHHS Fox & Roach-New Hope

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

G

Goodnoe Elementary School

298 Frost Ln, Newtown, PA, 18940

Grades KG-6

0.72 miles away

N

Newtown Middle School

116 Richboro Rd, Newtown, PA, 18940

Grades 7-8

0.69 miles away

C

Council Rock High School North

62 Swamp Rd, Newtown, PA, 18940

Grades 9-12

0.52 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.