Log In/Sign Up
Your email has been sent.
TAPROOM 616 616 North Ave 2,200 SF Retail Building Pittsburgh, PA 15209 $449,900 ($204.50/SF)
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 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.
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.
Property Facts
Sale Type
Investment or Owner User
Sale Condition
Bulk/Portfolio Sale
Property Type
Retail
Property Subtype
Building Size
2,200 SF
Building Class
C
Year Built
1920
Price
$449,900
Price Per SF
$204.50
Tenancy
Single
Building Height
1 Story
Building FAR
1.00
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 | - | - | - | - |
Fairly walkable
50/100
Moderately drivable
70/100
Limited public transit
30/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 0118-L-00100-0000-00 | Improvements Assessment | $131,400 |
| Land Assessment | $11,000 | Total Assessment | $142,400 |
Property Taxes
Parcel Number
0118-L-00100-0000-00
Land Assessment
$11,000
Improvements Assessment
$131,400
Total Assessment
$142,400
1 of 21
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Contact the Sale Advisor
TAPROOM 616 | 616 North Ave