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INVESTMENT HIGHLIGHTS
- Recently implemented full-service kitchen to property.
- Influx of young professionals and beer enthusiasts with disposable income in addition to tourism driving patronage.
- Historical tax credit available.
- Distinctive market position with limited direct competition in its immediate neighborhood.
- Opportunities for growth without requiring significant additional capital investment. The business can be purchased separately for $750,000.00
- Includes all fixtures and equipment in sale - business and real estate available.
EXECUTIVE SUMMARY
Nestled in the heart of Tremont, this historic craft brewpub, established in 1865, boasts the title of the oldest beer garden in the USA. Spanning .6 acres with ~13,000 square feet of real estate, the property includes two buildings and a charming beer garden. The brewpub features a recently implemented full-service kitchen, brew area, three bars, and a large venue/pantry/entertainment area. Additionally, there's a spacious 1,500 square foot apartment (could function as an AirB&B) with two bedrooms. The excellent location offers potential for development, and the sale includes all fixtures and equipment. With historical tax credits available, private events providing a growing profit center, and a distinctive market position with limited direct competition, this brewpub attracts a loyal local following and an influx of young professionals and beer enthusiasts. Opportunities for growth abound without requiring significant additional capital investment, making this a prime business and real estate offering. Business can be purchase for $750,000.00
PROPERTY FACTS Under Contract
Sale Type
Investment
Property Type
Retail
Property Subtype
Bar
Building Size
13,230 SF
Building Class
C
Year Built
1920
Price
$2,300,000
Price Per SF
$173.85
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.51
Lot Size
0.60 AC
Opportunity Zone
Yes
Zoning
SI - Mixed use
Parking
10 Spaces (0.76 Spaces per 1,000 SF Leased)
Frontage
66’ on Columbus Rd
AMENITIES
- Restaurant
- Security System
- Signage
Walk Score®
Very Walkable (80)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 004-03-006 | Improvements Assessment | $154,630 |
| Land Assessment | $68,740 | Total Assessment | $223,370 |
PROPERTY TAXES
Parcel Number
004-03-006
Land Assessment
$68,740
Improvements Assessment
$154,630
Total Assessment
$223,370
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2135 Columbus Rd
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