Sold

385 W Bridge St

New Hope PA, 18938

$3,950,000


$328.05 per sqft

Sold

12,041 sqft

Commercial

Built in 1950

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.

PABU231280

MLS ID

March 15, 2024

Updated

Map

385 W Bridge St
New Hope PA, 18938

Interior Features

Fireplace

No


Cooling

Yes


Cooling Description

Central Air


Heating

Yes


Heating Description

Forced Air, Natural Gas

Exterior/Building Features

Lot Size

2.4 Acres


Sewer

Public Sewer

Other Property Details

Area Name

NEW HOPE BORO


Taxes

$28,786


Tax Frequency

Annually


Days on Market

179


Garage

No


Parking Total

60


View

No


County

BUCKS


Water Source

Public


Pool

No


Zoning

Highway Commercial

Listed by BHHS Fox & Roach-New Hope
Listing Contact: 2158623385 

The IDX display contains information sourced from the Bright MLS, Inc. as of 3/15/2024. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

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Data last updated on 3/15/2024 at 7:57 PM UTC

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