Turnkey Restaurant and
3749 Midvale Ave Philadelphia, PA 19129
3749 Midvale Ave, Philadelphia, PA, 19129
Contact for pricing
For Sale
Contact for pricing
Two-story restaurant and bar with commercial kitchen, indoor and patio seating, and recently renovated building systems.
Property Size4,550 SF
Price / SF$257.14
Days on Market65
Property Features for 3749 Midvale Ave
General Information
- Standard status
- Active
- Size
- 4,550 SF
- Property subtype
- RETAIL
Listing agency
MPN Realty, Inc.
(267) 441-0601
Listed by
Nadia Bilynsky · License #RS311101
(267) 441-0601
Source
Moodyscre
Added: May 18 Updated: Jul 21 at 5:04PM Checked: Jul 21 at 5:04PM
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 MPN Realty, Inc.
Investment Insights
Based on property information with market context.
This two-story restaurant and bar includes a full commercial kitchen, 66 seats inside, and 16 seats on an outdoor patio. The offering is described as turnkey, including the real estate and liquor license. Recent renovations in the past couple of years included new electrical, plumbing, and mechanical systems, supporting a ready-to-operate setup.
The property is located at 3749-51 Midvale Ave in East Falls, with approximately 38’ of frontage on Midvale Ave for prominent street-level exposure. The remarks note easy access to Center City via Kelly Drive and to the Main Line via I-76.
As presented, the space is configured for restaurant/bar service with both interior and outdoor seating, and it may allow for additional interior and exterior seats as potential improvements.
The property is located at 3749-51 Midvale Ave in East Falls, with approximately 38’ of frontage on Midvale Ave for prominent street-level exposure. The remarks note easy access to Center City via Kelly Drive and to the Main Line via I-76.
As presented, the space is configured for restaurant/bar service with both interior and outdoor seating, and it may allow for additional interior and exterior seats as potential improvements.
Key Highlights
- For sale: 3749‑51 Midvale Ave. includes the Black Squirrel Restaurant and Bar real estate and liquor license
- 2‑story restaurant and bar with full commercial kitchen plus 66 indoor seats
- Outdoor patio seating with 16 seats, with potential to add more interior and exterior seats
Local Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $95.6k | $21.00 |
| − Vacancy | −$7.6k | −$1.68 |
| EGI | $87.9k | $19.32 |
| − OpEx | −$22.0k | −$4.83 |
| NOI | $65.9k | $14.49 |
4,550 SF · lease $21.00/SF/yr · vacancy 8.00% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$941.9K
$824.1K – $1.10M
NOI $65,930 @ 7.0% cap · market cap 5.64%
Second Best
Industrial
$477.2K
$417.6K – $556.7K
NOI $33,404 @ 7.0% cap · market cap 2.86%
Theoretical Best
Multifamily LT 5
$1.11M
$970.6K – $1.29M
NOI $77,645 @ 7.0% cap · market cap 6.64%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Handled With Kare ...
Alternative Medicine Practice
The Black Squirrel Pub ...
Restaurant
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FAQs
What type of property is this?
Conventional restaurant - Two-story restaurant and bar with commercial kitchen, indoor and patio seating, and recently renovated building systems.
Where is this conventional restaurant located?
The property is located at 3749 Midvale Ave Philadelphia, PA.
What is the asking price?
The asking price for this property is $1,170,000.
What are key features of this property?
This property features: For sale: 3749‑51 Midvale Ave. includes the Black Squirrel Restaurant and Bar real estate and liquor license; 2‑story restaurant and bar with full commercial kitchen plus 66 indoor seats; Outdoor patio seating with 16 seats, with potential to add more interior and exterior seats
