5301 Bristol Emilie RdLevittown, PA 19057

  • Retail properties
  • 6,185 SF
For Sale
$2,000,000 View listing

Property Details for 5301 Bristol Emilie Rd

Year built
1959
Lot size
1.78 AC
Property size (Sq ft)
6,185 SF
Zone code
C
Property type
Retail properties
Property subtype
Turn key restaurants
APN
05-032-072-002
APU
5032072002

Description

This exceptional commercial property in Levittown, PA, presents a unique investment opportunity. Situated on a highly visible 1.8-acre corner lot, adjacent to a newly constructed Wawa, this property boasts significant frontage and easy access. The main building, totaling over 15,000 square feet, comprises a restaurant (5,000 sq ft) and a bar (3,500 sq ft), each with full-service bars and seating for 220 and 150 patrons respectively. The restaurant features three distinct dining areas, including an all-glass atrium. The bar, formerly a nightclub, offers potential for live entertainment. A separate multi-unit commercial building (7,300 sq ft) on the site provides additional income potential. Ample paved parking accommodates over 75 vehicles. Recent upgrades include a new roof and HVAC system in the main building. The property is zoned for multiple commercial uses and is available for $2,000,000, or $1,700,000 without the existing business. The property also benefits from a Pennsylvania State Liquor License and qualifies for SBA financing up to 90% LTV. The strategic location, next to a new Wawa with a traffic light, ensures high visibility and accessibility. This is a rare opportunity to acquire a well-established, versatile commercial property with significant upside potential.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,872,274
    6.5%
    $1,728,253
    7%
    $1,604,807
  • Comparable approach

    Method
    Valuation
    Relative Method
    $2,036,493
    Geo Method
    $2,036,493
  • Alternative Use

    Use
    Valuation
    Residential
    $1,457,846
    Hospitality
    $1,335,380
    Educational
    $1,111,020
    Medical
    $1,149,230
    Retail
    $1,728,253
5301 Bristol Emilie Rd, Levittown, Pennsylvania

Location Insight

City
Levittown
County
Bucks
State
Pennsylvania
Latitude
40.1362
Longitude
-74.8718
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
$39,054
$31,510
$112,300
$143,810
-
$431,642
$1,538,350
$1,969,992

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