101 S State Street

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).