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Key Details
Sold Price $3,950,000
Property Type Commercial
Sub Type Retail
Listing Status Sold
Purchase Type For Sale
MLS Listing ID PABU231280
Sold Date 06/27/19
HOA Y/N N
Originating Board BRIGHT
Year Built 1950
Annual Tax Amount $28,786
Tax Year 2018
Lot Size 1.990 Acres
Acres 2.4
Property Description
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.
Location
State PA
County Bucks
Area New Hope Boro (10127)
Zoning HC
Interior
Hot Water Natural Gas
Heating Forced Air
Cooling Central A/C, Wall Unit
Heat Source Natural Gas
Exterior
Garage Spaces 60.0
Water Access N
Accessibility Other
Total Parking Spaces 60
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District New Hope-Solebury
Others
Tax ID 27-003-003, 27-003-003-002
Ownership Fee Simple
SqFt Source Estimated
Special Listing Condition Standard
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Bought with Stephen G Darlington • BHHS Fox & Roach-New Hope