324 Delaware St - Restaurant FOR SALE


Put In Bay, OH 43456
$6,900,000 USD
216-839-2020
324 Delaware St, Put In Bay, OH for Sale
$6,900,000 USD
Restaurant - FOR SALE
1/7
null | Request Cap Rate

324 Delaware St
Put In Bay, OH 43456


HIGHLIGHTS

  • The Beer Barrel Saloon, Tippers Restaurant, and The Island Beverage Center.
  • Features a 3,729 square foot concrete pad/fenced patio bar.

OVERVIEW

The Beer Barrel, became known in Guinness Book Of World Records as the “Longest Bar In The World” boasting an amazing 405’ long bar, 56 beer taps and 160 bar stools. The Barrel was built to entertain the masses and through the years some of the most popular acts in music have performed on its stage in front of thousands of people. Like its predecessor The Colonial, the Beer Barrel is part of a giant entertainment complex all under one roof. A clothing gift shop ensures folks don’t walk away without a piece of Put-In-Bay and Tippers Restaurant serves them up some of the Island’s tastiest food. Like the Beer Barrel, Tippers has been family run for 35 years. It is known by tourists, summer cottagers and islanders alike for its daily food specials and musical entertainment. The restaurant features an impressive 5,676 square feet of dining and bar area with a massive 1,500 square foot kitchen. Also, part of the complex is The Island Beverage Center. It is open year-round and includes the island’s only liquor store. Locally known as the Bevie and the place to go for liquor, beer, wine, snacks, and other beverages. Its ideal location across the street from Jose De Rivera Park and the City Boat Docks make it an easy short walk for boaters and other visitors needing to stock up on supplies The Beer Barrel, Tippers, and the Beverage Center are offered for sale at $6,900,000.

FOR SALE DETAILS

PRICE

$6,900,000 USD

PRICE/SF

$269 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Restaurant, Bar, and Carry-out Store

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1989

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.05 AC

LAND SF

45,738 SF

ZONING

C-2

APN/PARCEL ID

025-0563707367000

ASK ABOUT THIS PROPERTY

Mac BiggarHanna Commercial Real EstateMore Info
216-839-2020

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Mac BiggarHanna Commercial Real EstateMore Info
216-839-2020

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