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Restaurant, Bar, & Beverage Store 324 Delaware St 25,656 SF 100% Leased Retail Building Put In Bay, OH 43456 $6,900,000 ($268.94/SF)
INVESTMENT HIGHLIGHTS
- A unique opportunity to reimagine and revitalize the potential of this property while adding to the island’s history and character
- The “Vacationland” area in Erie & Ottawa Counties, which includes Put-In-Bay, recorded 13 million visitors & over $3 billion in tourism sales in 2023
- Includes Beer Barrel Saloon, Tippers Lounge & Restaurant, and the Island Beverage Store.
- Located on South Bass Island which welcomes 850,000 tourists each year
- Accessible by the Miller Ferry from Catawba Island, the Jet Express from Port Clinton, or island airlines.
EXECUTIVE SUMMARY
THE ULTIMATE PUT-IN-BAY ENTERTAINMENT COMPLEX, a legacy of the historic Colonial, offers a unique and iconic destination for tourists and locals alike. The Beer Barrel Saloon featuring Guinness Book of World Records Longest Bar, Tippers Restaurant, and Island Beverage Store, provides live entertainment, food, and beverages to the island.
Experience the ultimate Put-In-Bay investment opportunity with The Beer Barrel Saloon, Tippers Lounge & Restaurant, and the Island Beverage Store, a unique and iconic business trifecta located in the heart of Put-In-Bay, that offers an exceptional opportunity to add to a piece of island history!
BEER BARREL SALOON
Home of the World’s Longest Bar, The Beer Barrel Saloon is one of Put-in-Bay’s most popular attractions providing a lively, friendly atmosphere and top-notch entertainment attractions. The 405-foot bar features an amazing 56 beer taps and 160 bar stools, offering ample space for visitors to enjoy drinks and delicious food. The Beer Barrel hosts live entertainment from April to October and is a favorite spot for tourists and island locals alike.
TIPPERS LOUNGE & RESTAURANT
Located adjacent to Beer Barrel Saloon, Tipper’s is the perfect destination for a delicious meal on the island. Serving up surf and turf in a welcoming environment, Tipper’s is a popular spot offering daily specials and happy hour. This restaurant boasts 5,676 SF of dining and bar area and includes
a massive 1,500 SF kitchen.
ISLAND BEVERAGE STORE
The Island Beverage Store is PIB’s one-stop shop for the locals and visitors beverage and snack needs and operates year-round. Located in the heart of the island, just a short stroll from Jose De Rivera Park and the City Boat Docks, it is the perfect pit stop for boaters and visitors alike. This store is the go-to place for liquor, beer, wine, other beverages and snacks on the island.
Experience the ultimate Put-In-Bay investment opportunity with The Beer Barrel Saloon, Tippers Lounge & Restaurant, and the Island Beverage Store, a unique and iconic business trifecta located in the heart of Put-In-Bay, that offers an exceptional opportunity to add to a piece of island history!
BEER BARREL SALOON
Home of the World’s Longest Bar, The Beer Barrel Saloon is one of Put-in-Bay’s most popular attractions providing a lively, friendly atmosphere and top-notch entertainment attractions. The 405-foot bar features an amazing 56 beer taps and 160 bar stools, offering ample space for visitors to enjoy drinks and delicious food. The Beer Barrel hosts live entertainment from April to October and is a favorite spot for tourists and island locals alike.
TIPPERS LOUNGE & RESTAURANT
Located adjacent to Beer Barrel Saloon, Tipper’s is the perfect destination for a delicious meal on the island. Serving up surf and turf in a welcoming environment, Tipper’s is a popular spot offering daily specials and happy hour. This restaurant boasts 5,676 SF of dining and bar area and includes
a massive 1,500 SF kitchen.
ISLAND BEVERAGE STORE
The Island Beverage Store is PIB’s one-stop shop for the locals and visitors beverage and snack needs and operates year-round. Located in the heart of the island, just a short stroll from Jose De Rivera Park and the City Boat Docks, it is the perfect pit stop for boaters and visitors alike. This store is the go-to place for liquor, beer, wine, other beverages and snacks on the island.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Restaurant
Building Size
25,656 SF
Building Class
C
Year Built
1989
Price
$6,900,000
Price Per SF
$268.94
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.56
Lot Size
1.05 AC
Zoning
C-2 - General Commercial District
Frontage
187’ on Catawba Avenue
Bike Score®
Very Bikeable (70)
PROPERTY TAXES
| Parcel Number | 025-0563707367000 | Improvements Assessment | $473,428 |
| Land Assessment | $640,920 | Total Assessment | $1,114,348 |
PROPERTY TAXES
Parcel Number
025-0563707367000
Land Assessment
$640,920
Improvements Assessment
$473,428
Total Assessment
$1,114,348
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Restaurant, Bar, & Beverage Store | 324 Delaware St
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