471 E Butler Ave, Doylestown, PA 18901

$7,485,000

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List Price
$7,485,000
Days on Market
1
Status
ACTIVE
MLS#
PABU2130906
Lot Size (Acres)
1.88
County
Bucks
School District
Central Bucks

Property Description

A rare, fully approved development opportunity in the heart of Bucks County. More than four and a half years in the making, The Residences of New Britain represents the culmination of extensive planning, design, engineering and municipal approvals. Now fully entitled and permit-ready, the project offers a remarkable opportunity to step into a sophisticated development where the most complex and time-consuming groundwork has already been completed. The approved plans call for 102 residential units of varying sizes, thoughtfully designed to accommodate a diverse residential offering. The development encompasses approximately 188,812 total square feet, inclusive of an interior courtyard and two levels of indoor parking. Approximately 97,308 square feet comprises the residential and commercial components, including two residential floors of approximately 45,752 square feet each, along with approximately 5,800 square feet of first-floor commercial space. An impressive parking program provides 164 indoor spaces across two levels, complemented by four additional on-street spaces, for a total of 168 parking spaces. With all approvals and permitting in hand and available for purchaser review, The Residences of New Britain presents something increasingly difficult to replicate: 102 approved residences, integrated commercial space, substantial structured parking, and more than four and a half years of work already complete. The vision is approved. The groundwork is complete. The Residences of New Britain is ready to be realized.

Additional Information

Area
New Britain Boro (10125)
Taxes
$11207
School District
Central Bucks
View
Courtyard, City, Garden/Lawn, Park/Greenbelt, Trees/Woods
Heating
None
Heating Fuel
None
Cooling
None
Water
Public
Sewer
Public Sewer
Basement
Yes

Mortgage Calculator

Amount of Loan
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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of Compass Pennsylvania, LLC. Contact: 2152850933