A rare opportunity to acquire an established Lake Erie hospitality destination combining a popular brewpub and restaurant, a 24-unit lodging operation, valuable commercial real estate, and approximately $161,000 in furniture, fixtures, and equipment.
Located within an active waterfront community near marinas, boat docks, recreational attractions, and marine-related businesses, the property benefits from a powerful combination of seasonal tourism, repeat lodging demand, and loyal local patronage. The brewpub is a recognized community gathering place, while the on-site accommodations provide an additional revenue stream and a built-in customer base for the restaurant and bar.
Unlike a traditional restaurant, bar, or lodging acquisition, this offering gives a buyer multiple ways to generate revenue from one integrated property. Guests can stay, dine, gather, and enjoy the surrounding lakefront community without leaving the premises. That natural operating synergy creates opportunities to increase guest spending, extend stays, offer destination packages, and build a more valuable year-round hospitality platform.
The business is operating with established infrastructure, trained personnel, management support, and substantial equipment already in place. Current lodging income provides an important financial foundation, while the restaurant, beverage, events, and short-term rental components offer meaningful upside for a buyer with fresh energy and a focused marketing strategy.
Ownership is pursuing a sale as part of a planned retirement. This opportunity is especially well suited for an experienced hospitality operator, entrepreneurial owner, investor group, or lifestyle buyer seeking a distinctive property in one of Ohio’s most desirable recreational markets.
This property truly must be experienced in person. Qualified buyers are encouraged to schedule a private site visit to appreciate the scale, atmosphere, location, and full potential of this exceptional hospitality acquisition.
The real estate is included in the sale and is listed and represented by Realty Professionals, a licensed Ohio real estate brokerage. The listing agent is a licensed real estate professional in the State of Ohio. Cooperation with qualified, licensed real estate brokers will be considered.
- Asking Price:
- $2,010,000 Furniture / Fixtures included
- Sales Revenue:
- $496,063
- Cash Flow:
- $113,427
Property Information
- Real Estate:
-
Real Property Included
- Location:
-
Real Estate Asking Price
$1,431,000.00
Real Estate Value
$1,431,000.00
Real Estate Available
Real Estate Included (in listing price)
- Premises Details:
-
This Lake Erie hospitality business has evolved over time into a unique, dual-purpose destination serving both the local community and seasonal visitors drawn to the region’s robust boating and tourism economy.
The property was originally developed to support lodging demand in this active waterfront corridor, benefiting from its proximity to marinas, docks, and recreational traffic. Over time, the ownership introduced and expanded the brewpub and restaurant concept, transforming the location into a community gathering place and enhancing the overall guest experience.
Through this integration of food, beverage, and lodging, the business has established a loyal local following while consistently capturing seasonal tourism traffic. The combination of these complementary operations has created a self-sustaining ecosystem, where lodging guests patronize the restaurant and bar, and the brewpub attracts additional visitors to the property.
Business Operation
- Expansion Potential:
-
Growth & Expansion Opportunities
This asset is well-positioned for a new owner to unlock additional value through operational optimization and strategic repositioning, while benefiting from a stable existing foundation.
Short-Term Rental Optimization
The lodging component presents a clear opportunity to transition toward a dynamic short-term rental (STR) model, including Airbnb and VRBO. This shift can increase average daily rates and overall revenue, particularly during peak lakefront seasons.
Stable Base Income
Even under its current extended-stay model, the lodging operation maintains consistent occupancy and reliable cash flow, providing a strong baseline that supports ongoing operating expenses and debt service. This creates a lower-risk entry point for buyers while they implement growth strategies.
Liquor License Expansion Opportunity
There is potential to pursue a 12-month liquor license versus the current seasonal structure, which could significantly enhance year-round revenue, extend operating consistency, and improve overall business valuation. This represents a meaningful operational lever for a new owner.
Integrated Guest Experience & Events
Expanded programming, including live music, private events, and bundled lodging packages, can further position the property as a destination experience and drive incremental revenue.
Brand & Market Expansion
Enhanced digital marketing, regional targeting, and brand development can increase visibility and attract a broader customer base beyond the immediate local market.
- Competition / Market:
-
This asset operates within a fragmented and primarily single-use competitive landscape, where most nearby businesses focus either on food and beverage or lodging, but rarely both in an effective, coordinated way. Local competition consists largely of independent restaurants, bars, motels, and short-term rental properties serving seasonal tourism and community demand. As a result, few competitors offer a fully integrated guest experience.
What sets this property apart is its combined brewpub/restaurant and on-site lodging model, creating a natural synergy between the two operations. This allows the business to capture both dining and overnight demand, increase revenue per guest, and extend customer engagement beyond a single visit. Positioned near marinas, boat docks, and a steady flow of recreational traffic, the property benefits from both seasonal tourism and consistent local patronage, giving it a balanced and resilient demand profile.
Additionally, barriers to entry in this market remain meaningful due to the limited availability of appropriately zoned properties, the cost of acquiring near-water real estate, and the complexity of operating a dual hospitality model. Combined with its established local following and destination appeal, the business is well positioned as a differentiated, multi-revenue hospitality asset with a competitive advantage that is difficult to replicate.
- Reasons for selling:
-
Retirement
- Trading hours:
-
M-TH 11AM - 11PM | S/S 8AM - 11PM
- Employees:
- 21
Other Information
- Support & training:
-
4 weeks
- Furniture / Fixtures value:
- $160,945 - included in the asking price
