385 W BRIDGE ST, NEW HOPE, PA 18938

385 W BRIDGE ST $4,500,000

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    385 W BRIDGE ST NEW HOPE, PA 18938

    • 2.40 Acres
    • Commercial
    MLS# PABU231280 | ACTIVE

    $4,500,000

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    Days On Market: 131 109 Views
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    Property Details

    Established in 1979, one of New Hope's most popular hospitality venues is now turn-key ready for a new role as a distinctive special event venue. This legendary hotspot has been the go-to restaurant, bar, dance club, performance venue, piano lounge, swim club, and more, making it the perfect place for weddings, large parties, fundraising events and celebrations. Entertaining both locals and drawing countless visitors from far and wide, this premier complex is centrally located in historic Bucks County, with easy access to New York City, New Jersey, Philadelphia, and the greater Delaware Valley and Eastern Seaboard. Just 68 miles from the Holland Tunnel, 41 miles from Center City Philadelphia, and 19 miles from the Princeton, NJ train station to Manhattan, this historic town has drawn the artistic, well-heeled, and celebrities both regionally and internationally for decades. The 100 seat restaurant has room for expansion that could accommodate large events. The gracious main room and upper room have walls of windows that look out onto the extensive outdoor patio areas which provide an additional 32 seats seasonally. The patio and its surrounding gardens are ideal for a memorable wedding or commitment ceremony. Three full bars offer a wide variety of liquor, wine, and beer service. The first bar is paneled in antique wood reclaimed from an English estate, with a long vintage wood bar top with space for 11 stools, with additional red leather booths and tables adorning the adjacent billiards room. Long a favorite gathering place for locals during the week, the front bar is a magnet for weekend visitors year round. The second bar is situated in the stately Oak Room, which is arguably the most iconic space at the property. Antique English oak paneling creates an intimate setting for this club-like room, featuring a large stone fireplace, high ceilings, seating for up to 65, and a performance stage with classic red curtain, show lighting, and a piano-shaped high top table that has long been the site of popular cabaret shows and piano features. The Raven also boasts an additional indoor/outdoor space with dance floor and party lighting, often used for dance parties, revues, shows, and special events. From May to September, the large pool/patio area plays host to the 'Swim Club', drawing large crowds to the expansive outdoor Cabana Bar which can seat 18 and has a summer kitchen for food service. Poolside lounge chairs for about 90 patrons and seating areas for dining plus outdoor showers and changing rooms round out the highly popular swim club offering. This 2.4 acre property also offers 15 guest rooms, all recently renovated and decorated, each with en suite baths and lovely, private outdoor spaces, and plenty of parking on site and across the street to accommodate full capacity events. All FF&E and Liquor License are included in the offering, contact the listing broker for details.

    • General Features
      • County BUCKS
      • HOA Y/N N
      • New Construction Y/N N
      • Sale Type Standard
      • Tax Annual Amount 28786.0
      • Tax Year 2018
      • Water Access Y/N N
      • Waterfront Y/N N
      • Year Built 1950
      • Zoning HC
      • Zoning Dscrp Highway Commercial
    • Building Features
      • Attached Garage Y/N N
      • Building Total SqFt 12041.00
      • Building Units Total 0
      • Business Type Bar/Tavern/Lounge, Food and Beverage, Hotel/Motel, Recreation, Restaurant, Special Purpose, Other, Bed and Breakfast
      • Cooling Fuel Electric
      • Cooling Type Central A/C, Wall Unit
      • Heating Fuel Natural Gas
      • Heating Type Forced Air
      • Sewer Septic Public Sewer
      • Total Living Area 0
    • Property Features
      • Lot Size Acres 2.4
    • Schools
      • School District NEW HOPE-SOLEBURY

    Contact

    Stephen Darlington

    Associate Broker

    BHHS Fox & Roach New Hope

    Mobile Phone: 215-317-5565
    Home Buyers Warranty

    Neighborhood

    Market Last 30 Days

    $621,000 Median Sales Price
    17 Homes Sold
    47 New On Market

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        Property History

        Date Event Price Percent Change
        -- Current Price Source New Value: $4,500,000 -10%
        12/14/2018 1:27:00 PM New in Database Source New Value: $5,000,000

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