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
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
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
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