The Black Squirrel 3749 Midvale Ave 4,550 SF 100% Leased Retail Building Philadelphia, PA 19129 $1,381,367 CAD ($303.60 CAD/SF)
INVESTMENT HIGHLIGHTS
- Located in East Falls, the property has fantastic exposure with 38’ of frontage on Midvale Ave.
- A vibrant commercial scene with businesses such as In Riva, LeBus, Taqueria Cresta, and East Falls Farmers Market.
- East Falls is a Philadelphia oasis along the Schuykill River, with a dense residential population.
- The site provides easy access to Center City via Kelly Drive, and the Main Line via I-76.
EXECUTIVE SUMMARY
The Real Estate at 3749-51 Midvale Ave, home to "The Black Squirrel," is listed at $990,000. Additionally, the FFE / Business is available an asking price of $225,000 and the Liquor License is available at an asking price of $180,000, making this a turnkey operation. The 2-story building currently consists of a full commercial kitchen, 66 seats inside, 16 seats on the outdoor patio, and has the potential to add both more interior and exterior seats. The property was renovated in the past couple of years, containing new electrical, plumbing, and mechanical systems.
Located in East Falls, the property has fantastic exposure with 38’ of frontage on Midvale Ave. East Falls is a Philadelphia oasis along the Schuykill River, with a dense residential population, and a vibrant commercial scene with businesses such as In Riva, LeBus, Taqueria Cresta, and East Falls Farmers Market. The site provides easy access to Center City via Kelly Drive, and the Main Line via I-76.
Located in East Falls, the property has fantastic exposure with 38’ of frontage on Midvale Ave. East Falls is a Philadelphia oasis along the Schuykill River, with a dense residential population, and a vibrant commercial scene with businesses such as In Riva, LeBus, Taqueria Cresta, and East Falls Farmers Market. The site provides easy access to Center City via Kelly Drive, and the Main Line via I-76.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Restaurant
Building Size
4,550 SF
Building Class
B
Year Built
1920
Price
$1,381,367 CAD
Price Per SF
$303.60 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.49
Lot Size
0.07 AC
Zoning
CMX-2.5 - primarily intended to accommodate active, pedestrian-friendly retail and service uses in commercial nodes and along commercial corridors.
Frontage
31’ on Midvale
Walk Score®
Very Walkable (85)
Bike Score®
Very Bikeable (72)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 871554080 | Improvements Assessment | $399,092 CAD |
| Land Assessment | $99,773 CAD | Total Assessment | $498,865 CAD |
