5301 Bristol Emilie RdLevittown, PA 19057
- Retail properties
- 6,185 SF
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
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
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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