5301 Bristol Emilie Rd - Freestanding FOR SALE


Levittown, PA 19057
$2,000,000 USD
215-353-0492
5301 Bristol Emilie Rd, Levittown, PA for Sale
$2,000,000 USD
Freestanding - FOR SALE
1/11
null | Request Cap Rate

5301 Bristol Emilie Rd
Levittown, PA 19057


HIGHLIGHTS

  • possible 100% financing to highly qualified buyer.
  • additional rental income
  • fully equipped operaton
  • long established business
  • many possible alternative uses for property
  • Directly next to new super Wawa in process of construction

OVERVIEW

This property has the capability to have many other commercial uses and seller will sell the real estate without the business for a buyer who just wants the real estate for $1.7million. The site is located on approximately 1.8 acres and is situated on a corner lot in a highly visible location next to a brand new super Wawa ready for grand opening. The restaurant building encompasses approximately over 5000 square feet and the bar is approximately 3500 sf. There is parking for over 75 cars on paved parking. The multi unit commercial building encompasses approximately 7300 sf separated into 2 units of 4100 sf and 3200 sf but is actually 4 units currently being used as 2. For those who want a restaurant and bar operation, don’t miss this opportunity to own and operate this Popular Bar and Restaurant Combined Under One Roof that has been in operation since 1958. Once considered the “hot spot” of Lower Bucks County, retiring owner offers this opportunity to a new and energetic owner. There is Seating Capacity for 220 Guests in the Restaurant in 3 distinct eating areas (one being an all glass atrium) with additional seating for 20 at the bar inside the restaurant. There is a separate bar/pub for those whose just wish to have casual conversation with lite fare that has a separate entrance in addition to the restaurant and has seating for 150 Patrons which serves as a bar and was once a popular niteclub with live entertainment that could be reactivated, if so desired. Both Have Full Service Bars and a PA State Liquor License is Included. Included on the Site is a detached separate multi unit commercial building that is leased for added income to supplement the mortgage. There is a new roof and HVAC in the restaurant/bar building that has been installed in the last 6 months. Property qualifies for special financing up to 90% LTV for qualified buyer available through BCEDC. Brand new super Wawa just opened directly next to this property and a new traffic lighted corner has just been installed and traffic count has increased substantially. Seller financing is available to qualified buyer with at least 50% down payment. 100% financing (not seller financing) may be attainable for highly qualified buyer. Does not have to be a restaurant operation to qualify.

FOR SALE DETAILS

PRICE

$2,000,000 USD

PRICE/SF

$127 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Commercial, Investment, & Business

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Bar, Day Care Center, Drug Store

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1959

SPRINKLERS

-

PARKING SPACES

75

LAND DETAILS

LAND ACRES

1.8 AC

LAND SF

78,408 SF

ZONING

05C

APN/PARCEL ID

05-032-072-002

ASK ABOUT THIS PROPERTY

Michael RiccardiM Riccardi AgencyMore Info
215-353-0492

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Michael RiccardiM Riccardi AgencyMore Info
215-353-0492

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.