2 Pond StBristol, PA 19007

  • Retail properties
  • 570 SF
For Sale
$349,900 View listing

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.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • 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
2 Pond St, Bristol, Pennsylvania

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

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$2,515
$4,360
$6,440
$10,800
-
$59,726
$88,219
$147,945

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