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Restaurant Property with Two Bars
For Sale
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111 W Main St, Medway, OH 45341

Full-service restaurant setup includes indoor and outdoor seating, storage areas, liquor licensing, and on-site parking.

Property SizeContact for details
Days on Market148

Property Features for 111 W Main St

General Information

Standard status Active
Property subtype Retail

Restaurant

Patio Yes
Equipment Included No
Liquor License Yes

Amenities

storage areas
double sided fireplace

Building Details

Buildings 2
Listing Agency: Agora Realty Group
Listed By: Craig Kellogg · License #BRKP.2014000983
Source: Crexi
Added: Apr 11 Changed: Aug 30 Last Checked: Aug 30 at 5:21AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Agora Realty Group

Investment Insights

Based on property information with market context.

The property is configured for a full-service restaurant with seating for 150+ indoors and outdoors, two operational bars, high-top tables, storage areas, and parking. On-site equipment is available separately and is described as fully operable and recently serviced. A D6 liquor license includes Sunday service. Recent improvements include a new roof, open deck, updated finishes, a natural gas double-sided fireplace, and new bathrooms.

The restaurant is located at 111 W Main St in Medway, Ohio, near the I-675 and I-70 intersection. The sale also includes a building and parking lot across the street. That additional building is identified for potential use as an ice cream shop, rental home, or another business. The property was established in 1939 under a prior name and currently operates as 316 Tap & Barrel Grill.

Key Highlights

  • Seating capacity of 150+ across indoor and outdoor areas
  • Two fully operational bars with high‑top seating
  • D6 liquor license includes Sundays

Property Analytics

Current Use

316 Tap & Barrel ... Restaurant Mad River Tavern Restaurant

Suggested Use

Top Pick Real Estate Agency Building Supply Hair Salon HVAC Service Law Firm Auto Parts Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Liquor license

Location Intelligence

Trade Area within ½ mile

65
Businesses Nearby
Balanced
Demand for This Use

Demographics for 45341, OH

3,741
Population
1,846
Households
2
Avg Household Size
47
Median Age
16%
College-Educated
91%
High-School Grad
6.4 sq mi
ZIP Area
585
Density / Sq Mi
$57,800
Median Household Income
$38,308
Median Earnings
$777
Median Rent
$127,200
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Full-service restaurant setup includes indoor and outdoor seating, storage areas, liquor licensing, and on-site parking.
Where is this conventional restaurant located?
The property is located at 111 W Main St Medway, OH.
What are key features of this property?
This property features: Seating capacity of 150+ across indoor and outdoor areas; Two fully operational bars with high‑top seating; D6 liquor license includes Sundays
More about this property
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