5301 Bristol Emilie Rd, Levittown, PA 19057

15,800 SF | Retail Building | Levittown, PA 19057 | $2,000,000 ($127/SF)

Asking Price $2,000,000

Property Type
Retail
Square Feet
15,800 SF
Price / Square Foot
$127

Listing Contacts

  • Property Info

Property 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.

Property Details

Class
C
Year Built/Renovated
1959/1990
Stories
1
Property Subtype
Freestanding, Other Restaurants, Day Care Facility/Nursery, Drug Store
Lot Size (sq. ft)
78,408 SF

Highlights

  • Endless potential
  • 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

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