1201 Lincoln HwyLevittown, PA 19056

  • Turn key restaurants
  • 5,508 SF
For Sale
$345,000 View listing

Property Details for 1201 Lincoln Hwy

Year built
1988
Lot size
0.95 AC
Property size (Sq ft)
5,508 SF
Zone code
C
Property type
Turn key restaurants
APN
22-046-013
APU
22046013

Description

This exceptional opportunity presents a fully operational restaurant located at 1201 Lincoln Hwy, Levittown, Pennsylvania, 19056. Priced to sell at $345,000, this owner-user investment includes a valuable plenary retail (R) consumption liquor license, a rare asset in Bucks County. The property is categorized as retail, specifically a restaurant, offering a turnkey operation for a prospective buyer. The address is conveniently situated in Levittown, providing easy access for customers. This is an ideal acquisition for an experienced restaurateur looking to establish or expand their business in a prime location. The inclusion of the liquor license significantly enhances the value and potential profitability of this venture. The property's location within Bucks County, PA, offers a strong demographic base and established market for restaurant businesses. This is a unique opportunity to acquire a fully licensed and operational restaurant at an attractive price point. Serious inquiries are encouraged to explore this exceptional investment prospect. The property is ready for immediate operation, minimizing start-up costs and maximizing return on investment. Don't miss this chance to own a thriving restaurant with a valuable liquor license in a desirable location.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,338,636
    6.5%
    $1,235,664
    7%
    $1,147,402
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,813,582
    Geo Method
    $1,813,582
  • Alternative Use

    Use
    Valuation
    Residential
    $1,042,329
    Hospitality
    $954,768
    Educational
    $794,356
    Medical
    $821,675
    Retail
    $1,235,664

Location Insight

City
Levittown
County
Bucks
State
Pennsylvania
Latitude
40.1667
Longitude
-74.897
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
$50,508
$131,400
$100,600
$232,000
-
$1,799,992
$1,378,076
$3,178,068

FAQs

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