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TAPROOM 616 616 North Ave 2,200 SF Retail Building Pittsburgh, PA 15209 $920,609 CAD ($418.46 CAD/SF)

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INVESTMENT HIGHLIGHTS

  • Bright, Warm Ambiance!
  • Turnkey Business!
  • Classic Booth & Bar Seating!

EXECUTIVE SUMMARY

Welcome to a prime owner-operator and investment opportunity in the heart of Millvale! This single parcel features two distinct buildings, offering a unique blend of commercial and residential investment. The centerpiece is the former home of the “Barking Shark,” now “TAPROOM 616,” a fully operational bar/restaurant. This business is strongly positioned to thrive with its current popular concept or a fresh vision. The sale includes the business, a valuable liquor license, entertainment license, and all essential equipment, including a fully updated kitchen. The duplex, accessed via Evergreen avenue, has two apartments fully rented with long-term tenants, providing immediate, passive income for its new owner. While nearby areas like Lawrenceville, Strip District, and the North Shore are saturated with dining options, Millvale presents a significant market gap. This location is perfectly positioned to capitalize on that need. The owner is also open to creative financing options, including seller financing, or selling the business and liquor license combined - with the option of leasing the space. This flexibility makes the purchase even more accessible.

PROPERTY FACTS

Sale Type
Investment or Owner User
Sale Condition
Bulk/Portfolio Sale
Property Type
Retail
Property Subtype
Bar
Building Size
2,200 SF
Building Class
C
Year Built
1920
Price
$920,609 CAD
Price Per SF
$418.46 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
1.01
Lot Size
0.05 AC
Zoning
Commercial - Mixed-Use
Frontage
20’ on North Ave

AMENITIES

  • Restaurant
  • Signage

MAJOR TENANTS

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE END
  • TAPROOM 616
  • -
  • -
  • -
  • -
TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE END
TAPROOM 616 - - - -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
0118-L-00100-0000-00
Land Assessment
$15,410 CAD
Improvements Assessment
$184,085 CAD
Total Assessment
$199,495 CAD
  • Listing ID: 38425237

  • Date on Market: 2025-11-12

  • Last Updated:

  • Address: 616 North Ave, Pittsburgh, PA 15209

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