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5301 BRISTOL EMILIE ROAD, LEVITTOWN, PA 19057
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$1,700,000
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Home Details for 5301 BRISTOL EMILIE ROAD
Price
$1,700,000
Type
Commercial/Industrial
Year Build
1965
Lot Size
1.8
County
BUCKS
MLS®️ Listing#
PABU2015208
On exitrealty.com
528 days
Property Description
This property has the capability to have many commercial uses and is a great value add opportunity for an owner/user combination to operate their business and collect rental income to support the mortgage.
Property was appraised 2 years ago for $1.7million before Wawa finished construction and opened up. Brand new super Wawa opened directly next to this site along with a new traffic lighted corner and traffic has increased substantially. 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 very busy super Wawa. The main building is currently a restaurant/bar encompasses approximately over 5000 square feet in the restaurant and the separate bar area is approximately 3500 sf. Both can be combined into one entire unit just by removal of a common interior wall. There is an incredible opportunity to expand the huge second floor unfinished area with high ceilings into almost anything within the zoning allowance. There is parking for over 75 cars on paved parking. The adjacent separate 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. Many different uses for this property with high exposure and traffic flow.
For those who want a restaurant and bar operation, seller will sell the business with the real estate for a buyer who wants the real estate and business for $2.1 million. This is an opportunity for a restaurateur to own and operate this once 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. Adjoining 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 with the purchase of the business.
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 2 years. Property has Phase 1 and Phase 2 environmental completion and clean up. New roof on adjacent building is being installed now.
This property qualifies for 90% financing through SBA plus financed renovations.
Retiring owner will consider giving a owner financed first mortgage to qualified buyer with 50% down payment.
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- Utilities
- Water Available
- Sewer Available
- Natural Gas Available
- Cable Available
- Heating Information
- Electric
- Natural Gas
- Forced Air
- Parking
- Private
- Paved
- Parking Lot
- Cooling Information
- Central Air
- Electric
- Water Features
- Public
Listing Courtesy: M Riccardi Agency Inc - 215-752-4200
The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which EXIT Realty participates, and is provided by BRIGHT through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have closed or are no longer being offered for sale. Information Deemed Reliable But Not Guaranteed. Copyright ©2025 Bright MLS. All rights reserved.
Last Updated: 2025-05-04 12:45:53
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