Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    1400 Farragut Ave Bristol, PA 19007

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $1,100,000

    Operating tavern with liquor license and two income-producing apartments.

    Added:
    Apr 25, 2025
    Days on Market:
    356
    Last Refresh:
    Mar 16 at 9:09 am

    Property Features for 1400 Farragut Ave

    General Information

    Standard status
    Active

    Building Details

    Year Built
    1969

    We can help!

    Listing Contact
    JAMES HASHER

    Listing agent JAMES HASHER

    Listing office HASHER REALTY INC

    Listing date Apr 25, 2025

    Source Corcoran

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of HASHER REALTY INC

    Overview

    Established Tavern with Income Apartments

    This property features an established tavern, currently operating as Phinny Magee's Pub, located in Bristol borough. The well-maintained bar and restaurant includes seating for 50 patrons, a dance floor, a pool table, a basement, and a fully equipped kitchen. Situated on a corner lot, the property also benefits from an adjacent parking lot. The sale encompasses the building, the business, the liquor license, and two apartments that are currently leased, generating an income of $2,000.00 per month. The business is conveniently located with proximity to I-95 and Routes 13 and 413.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Pubs

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Grocery & Convenience Store Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Bristol
    County
    Bucks
    State
    Pennsylvania
    Longitude
    -74.8441
    Latitude
    40.1047

    Nearby Similar for Sale

    • $329,900
      2,430 SF

      Bristol Office Condo with Conference

      Spacious office condo in historic Bristol Borough.
      422 MILL STREET, BRISTOL, PA 19007
      View Details
    • $550,000

      Established Auto Repair Business Opportunity

      Auto repair business with long-standing use and proven history.
      116 MONROE STREET, BRISTOL, PA 19007
      View Details
    • $1,100,000

      Historic Bristol Borough Commercial Property

      1906 commercial property in historic Bristol Borough, Pennsylvania.
      300 POND ST, BRISTOL, PA 19007
      View Details
    • $475,000

      Bristol Borough Sandwich Shop

      Fully equipped sandwich shop in historic Bristol Borough for sale.
      2 Pond St, BRISTOL, PA 19007
      View Details
    • $329,900

      Office Condo with Conference Room

      Spacious office condo in historic Bristol Borough with flexible layout.
      422 Mill St #310, BRISTOL, PA 19007
      View Details
    • $749,000
      4,700 SF

      Bristol Borough Commercial Property For Sale

      Two-building commercial property with retail, office, and garage space.
      400 Otter St, BRISTOL, PA 19007
      View Details
    • $450,000

      Garage Units in Bristol Borough

      Eight garage units for investors or personal use.
      0 GREEN ST, BRISTOL, PA 19007
      View Details
    • $259,900

      Retail Space in Historic Bristol

      Commercial property near shops, restaurants, and theater in Bristol, PA.
      483 POND Street, BRISTOL, PA 19007
      View Details
    • Contact for pricing
      183,000 SF

      Waterfront Office Building For Sale

      183,000 SF office building with waterfront views and strong tenancy.
      1414 Radcliffe Street, Bristol, PA 19007
      View Details
    • Contact for pricing
      106,884 SF

      Versatile Office/Flex Space Available

      Two-story office/flex space with easy access to major transportation routes.
      310 George Patterson Boulevard, Bristol, PA 19007
      View Details
    • $800,000

      Turn-Key Mixed-Use Building

      Historic Bristol Borough building with storefront and apartments.
      242 Mill St, BRISTOL, PA 19007
      View Details
    • $1,100,000

      Auto Body Shop with Apartment

      Operating auto body shop with apartment in Bristol Boro.
      2271 E Farragut Ave, BRISTOL, PA 19007
      View Details

    FAQs

    What type of property is this?
    Pub - Operating tavern with liquor license and two income-producing apartments.
    Where is this pub located?
    The property is located at 1400 Farragut Ave Bristol, PA.
    What is the asking price?
    The asking price for this property is $1,100,000.
    What are key features of this property?
    This property features: Includes building, business, and liquor license in the sale.; Two leased apartments provide $2,000 monthly income.; Well‑kept bar/restaurant with seating for 50, dance floor, pool table, and fully equipped kitchen.
    (215) 332-9900
    We can help!
    Listing Contact
    JAMES HASHER
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!