Restaurant, Bar and Retail
For Sale
$1,800,000
5301 BRISTOL EMILIE ROAD, Levittown, PA 19057
Restaurant, bar, and retail property with income potential.
Property Size8,500 SF
Lot Size1.80 Acres
Price / SF$211.76
Days on Market886
Property Features for 5301 BRISTOL EMILIE ROAD
General Information
Standard status
Active
Size
8,500 SF
Lot size
1.80 Acres
Property subtype
Commercial/Industrial
Building Details
Year Built
1965
Listing Agency:
M Riccardi Agency Inc
(215) 353-0492
Listed By:
Mike E Riccardi · License #8310180
(215) 353-0492
Source:
Exitrealty
Added: Mar 6, 2024
Changed: Aug 8
Last Checked: Aug 9 at 7:19AM
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 M Riccardi Agency Inc
Investment Insights
Based on property information with market context.
This commercial property presents a value-add opportunity for an owner-user to operate a business while collecting rental income. Situated on approximately 1.8 acres at a highly visible corner location, the site benefits from increased traffic due to its proximity to a newly constructed Wawa. The main building, currently configured as a restaurant and bar, features over 5000 square feet in the restaurant area and approximately 3500 square feet in the separate bar area. These areas can be combined by removing an interior wall. The second floor offers an opportunity for expansion, with a large unfinished area and high ceilings. Paved parking is available for over 75 cars. The adjacent, detached multi-unit commercial building encompasses approximately 7300 square feet, divided into two units of 4100 square feet and 3200 square feet, but currently used as four units. The restaurant has seating for 220 guests in three distinct eating areas, including an all-glass atrium, with additional seating for 20 at the bar. The separate bar/pub, with its own entrance, accommodates 150 patrons and includes a full-service bar. A PA State Liquor License is included with the purchase of the business. A new roof and HVAC system were installed in the restaurant/bar building within the last 2 years. A new roof is being installed on the adjacent building. The property has completed Phase 1 and Phase 2 environmental assessments and cleanup.
Key Highlights
- High‑traffic corner lot location next to a brand new, busy Super Wawa, significantly increasing visibility and customer potential.
- Value‑add opportunity for owner/user to operate a business and generate rental income from the multi‑unit commercial building to offset mortgage costs.
- Existing restaurant/bar with a seating capacity of 220 in the restaurant and 150 in the bar, plus a PA State Liquor License included with the business purchase.
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$132,155
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
7.34%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$2,643,100
$2.6M
Cap Rate 7%
$1,887,929
$1.9M
Cap Rate 9%
$1,468,389
$1.5M
Market Conditions
NOI Build-Up for 8,500 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$186.7K $21.96/SF
− Vacancy
−$10.5K −$1.23/SF
EGI
$176.2K $20.73/SF
− OpEx
−$44.1K −$5.18/SF
NOI
$132.2K $15.55/SF
Area
Bucks County, PA
Vacancy
5.60%
Lease Rate
$21.96 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$2,643,100
Cap Rate 7%
$1,887,929
Cap Rate 9%
$1,468,389
Alternative Uses
Best Use
Specialty Retail
$1.89M
$1.65M – $2.20M
NOI $132,155 @ 7.0% cap · market cap 7.34%
Second Best
Retail
$1.76M
$1.54M – $2.06M
NOI $123,345 @ 7.0% cap · market cap 6.85%
Theoretical Best
Office A
$2.58M
$2.25M – $3.01M
NOI $180,398 @ 7.0% cap · market cap 10.02%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
329
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 19057, PA
16,916
Population
6,452
Households
2.6
Avg Household Size
40
Median Age
26%
College-Educated
93%
High-School Grad
4.4 sq mi
ZIP Area
3,845
Density / Sq Mi
$95,089
Median Household Income
$48,682
Median Earnings
$1,518
Median Rent
$299,900
Median Home Value
Market
Vacancy Rate% for Retail in Northeast region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Murphy's Beef & Ale — 5725 Bristol Emilie Rd, Levittown, PA 19057
- McStew's Irish Pub — 5316 New Falls Rd, Levittown, PA 19056
- Sparky's World Famous — 4333 New Falls Rd, Levittown, PA 19056
- Taps Sports Bar — 4021 Veterans Hwy, Levittown, PA 19056
- Club Capri Inc — 5301 Bristol Emilie Rd, Levittown, PA 19057
Frequently Asked Questions
What type of property is this?
Bar & Pub - Restaurant, bar, and retail property with income potential.
Where is this bar & pub located?
The property is located at 5301 BRISTOL EMILIE ROAD Levittown, PA.
What is the asking price?
The asking price for this property is $1,800,000.
What are key features of this property?
This property features: High‑traffic corner lot location next to a brand new, busy Super Wawa, significantly increasing visibility and customer potential.; Value‑add opportunity for owner/user to operate a business and generate rental income from the multi‑unit commercial building to offset mortgage costs.; Existing restaurant/bar with a seating capacity of 220 in the restaurant and 150 in the bar, plus a PA State Liquor License included with the business purchase.
