$2,000,000
5301 Bristol Emilie Rd, Levittown, PA 19057
0 Beds
0 Baths
n/a sqft

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HURRY FOR 25% TAX CREDIT THROUGH ENTERPRISE ZONE FUNDING. That is correct, 25% tax credit up to $500K for the purchase and/or renovations, but must have signed LOI and/or contract by May 30th to qualify. 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. 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 currently in process of construction. 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, dont 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. Special very low rate financing available with up to 90% LTV through BCEDC
  • Price:
  • $2,000,000
  • Acreage:
  • 1.80
  • Year Built:
  • 1965
  • Listing ID #:
  • PABU2015208
  • Street Address:
  • 5301 Bristol Emilie Rd
  • City:
  • Levittown
  • State:
  • Pennsylvania
  • Postal Code:
  • 19057
  • County:
  • Bucks
  • Community:
  • Bristol Twp (10105)
  • Subdivision:
  • None Available
  • Listing Status:
  • Active
  • Listing Type:
  • Commercial Sale
School District: Bristol Township
  • Building Condition:
  • Very Good
  • Flooring:
  • Wood, Carpet
  • Foundation:
  • Slab
  • Number Of Units:
  • 6
  • Type Of Roof:
  • Pitched, Shingle
  • Year Built:
  • 1965
  • Year Built Source:
  • Estimated
  • Approximate Lot Size Range Source:
  • Estimated
  • Conforms To Zoning:
  • C
  • Lot Features:
  • Corner, Level, Road Frontage
  • Lot Square Footage:
  • 78408.00
  • Road Frontage:
  • 600
  • Road Type:
  • Black Top
  • Zoning Description:
  • Commercial
  • Days On Market:
  • 141
  • Excluded:
  • Personal Effects Of The Seller
  • Included In Sale:
  • Restaurant Equipment, Restaurant Liquor License
  • On Market Date:
  • 2021-12-30
  • Originating Mls:
  • Bright
  • Special Conditions Of Sale:
  • Standard
  • Terms:
  • Conventional, Cash, Industrial Development Authority, Other
  • Building Name:
  • Club Capri & Gabrielle's
  • Cross Street:
  • Cinder Lane
  • Location Description:
  • Suburban
  • Subdivision:
  • None Available
  • Tax Municipality:
  • Bristol Twp
  • City Taxes:
  • 3382.00
  • County Taxes:
  • 3382.00
  • Price Per Square Foot:
  • 133.33
  • Tax Year:
  • 2021
  • Parking Spaces:
  • 75
  • Parking Type:
  • Parking Lot
  • Cooling Fuel:
  • Electric
  • Cooling System:
  • Central A/C
  • Electricity:
  • 200+ Amp Service
  • Existing Water:
  • Public
  • Heating:
  • Forced Air
  • Heating Fuel:
  • Natural Gas, Electric
  • Sewage Type:
  • Public Sewer
  • Water Heater:
  • Electric
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The amounts for the Tax, Insurance, and HOA are estimates and not actual amounts.

Your Payment
$1,400/mo

Source: CINC

  • Listing Provided By M Riccardi Agency
  • © 2022 BRIGHT, All Rights Reserved BRIGHT

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