616 North Ave - Bar FOR SALE


Pittsburgh, PA 15209- Millvale
$449,900 USD
412-969-3584
616 North Ave, Pittsburgh, PA for Sale
$449,900 USD
Bar - FOR SALE
1/20
null | Request Cap Rate

616 North Ave
Pittsburgh, PA 15209
Millvale


HIGHLIGHTS

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

OVERVIEW

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 income. The centerpiece is "TAPROOM 616" (formerly "The Barking Shark"), a fully operational bar/restaurant ready for a seamless transition or a fresh new concept. The sale includes all essential equipment and an entertainment license, along with a fully updated kitchen—plus the well-known original Chef is willing to stay on for up to 6 months to train the new owner. Additionally, a duplex accessed via Evergreen Avenue includes two fully rented units with long-term tenants, providing immediate, passive cash flow. While nearby areas like Lawrenceville, the Strip District, and the North Shore are saturated, Millvale offers a significant market gap—and this location is perfectly positioned to capitalize on it. PURCHASE & LEASE OPTIONS: Entire Package ($449,900): Includes the real estate (both buildings), business, liquor license, entertainment license, and all equipment. Seller financing options are available. Business & License Only ($199,000): Buy the business, liquor license, and equipment separately, paired with a 5-year commercial space lease that includes a 5-year option to purchase the real estate. Parcel includes both 616 North Ave and 639 Evergreen Ave. Contact listing agent for full details.

FOR SALE DETAILS

PRICE

$449,900 USD

PRICE/SF

$205 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

TAPROOM 616

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Bar

ADD'L SUBTYPES

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1920

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.05 AC

LAND SF

2,200 SF

ZONING

Commercial

APN/PARCEL ID

0118-L-00100-0000-00

ASK ABOUT THIS PROPERTY

Lori KashellackBerkshire Hathaway HomeServicesMore Info
412-969-3584

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Lori KashellackBerkshire Hathaway HomeServicesMore Info
412-969-3584

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.