2 Pond StBristol, PA 19007

Property Details for 2 Pond St

Year built

1980

Lot size

0.03 AC

Property size (Sq ft)

570 SF

Zone code

CC

Property type

Retail properties

Property subtype

Drive through restaurants

APN

04-018-002-001

APU

4018002001

Description

This exceptional commercial property in Bristol Borough, PA, presents a unique opportunity to acquire a thriving, turnkey ice cream parlor and Philly cheesesteak store. Located in the desirable Bristol Borough Wharf area, this business benefits from high foot traffic, including boaters, shoppers, and local residents. The property includes all necessary equipment for immediate operation, such as a walk-in freezer, deep fryers, grill, cooktop, and brand-new ice cream freezers. The convenient take-out-only model ensures efficient service and caters to today's fast-paced lifestyle. The ample parking lot provides easy access for customers. This established business boasts a welcoming atmosphere and a loyal customer base, offering a strong foundation for continued success. The asking price is $349,900, and the property is zoned for commercial use. This is an ideal opportunity for an aspiring entrepreneur or seasoned business owner seeking a profitable venture in a prime location. The sale includes all equipment, allowing for immediate operation. Seize this chance to own a piece of Bristol Borough's vibrant culinary scene. The property is located at 2 Pond Street, Bristol, PA 19007.

• CAP approach

  CAP return

  Valuation

  6%

  $154,697

  6.5%

  $142,797

  7%

  $132,597

• Comparable approach

  Method

  Valuation

  Relative Method

  $187,680

  Geo Method

  $187,680

• Alternative Use

  Use

  Valuation

  Residential

  $120,455

  Hospitality

  $110,336

  Educational

  $91,798

  Medical

  $94,955

  Retail

  $142,797

Location Insight

City

Bristol

County

Bucks

State

Pennsylvania

Latitude

40.0959

Longitude

-74.8593

CBSA code

37980

CBSA name

PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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