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Listed by BERKSHIRE HATHAWAY THE PREFERRED REALTY
$ 449,900
Est. payment | /mo
2,221 Sqft Lot
$ 449,900
Est. payment | /mo
2,221 Sqft Lot
Key Details
Property Type Commercial
Sub Type Business
Listing Status Active
Purchase Type For Sale
MLS Listing ID 1730122
HOA Y/N No
Year Built 1920
Annual Tax Amount $6,019
Lot Size 2,221 Sqft
Acres 0.051
Property Sub-Type Business
Property Description
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 well-known original Chef is willing to stay on for up to 6 months to teach the new owner the ropes.
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 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 well-known original Chef is willing to stay on for up to 6 months to teach the new owner the ropes.
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.
Location
State PA
County Allegheny-north
Area Millvale
Zoning Comm.
Interior
Interior Features InteriorFeatures
Fireplace No
Exterior
Utilities Available Electricity Available, Natural Gas Available, Sewer Available, Water Available
Road Frontage City Street
Building
Structure Type Brick
Schools and Properties Nearby
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