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    324 Delaware St Put in Bay, OH

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    For Sale
    $6,900,000

    Iconic entertainment complex featuring bar, restaurant, and beverage store.

    Lot size:
    1.00 Acre

    Property Features for 324 Delaware St

    General Information

    Lot size
    1.00 Acre

    Source: CBRE | Cleveland Agent Mike Petrigan, SIOR

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Put-In-Bay Entertainment Complex

    This Put-In-Bay entertainment complex, formerly the historic Colonial, is a destination for tourists and locals. It includes the Beer Barrel Saloon, known for featuring the Guinness Book of World Records Longest Bar, Tippers Restaurant, and Island Beverage Store. The complex provides live entertainment, food, and beverages. The property also features a liquor store and gift shop. This complex is a year-round operation.
    Location Intelligence

    Current Use by Public Records

    Bars

    Similar Places Nearby

    Goat Soup & Whiskey

    Map

    City
    Put in Bay
    County
    Ottawa
    State
    Ohio
    Longitude
    -82.826989
    Latitude
    41.638387

    FAQs

    What type of property is this?
    Bar - Iconic entertainment complex featuring bar, restaurant, and beverage store.
    Where is this bar located?
    The property is located at 324 Delaware St Put in Bay, OH.
    What is the asking price?
    The asking price for this property is $6,900,000.
    What are key features of this property?
    This property features: - Guinness Book of World Records Longest Bar (Beer Barrel Saloon); - Established Entertainment Complex: Includes Beer Barrel Saloon, Tippers Restaurant, and Island Beverage Store.; - Proven Investment Opportunity: Demonstrated success with a rich history.
    (216) 363-6435
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    Put in Bay, OH
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    324 Delaware St Put in Bay, OH
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