Building Details

Year Built 1889

Stories 2

Units 1

Tenancy Multi

Listing Agency: Real T Company

Listed By: Jim Trampevski, MBA · License #OH BRKP.2022006087 Show Phone

Source: Crexi

Added: May 18 Changed: Sep 8 Last Checked: Sep 9 at 9:08AM

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Investment Insights

Based on property information with market context.

Located in the historic Village of Tontogany, this restaurant is the only tavern in town. The sale includes the real estate, the thriving business, all equipment and furniture, and the liquor licenses. The current ownership acquired the establishment in 2005 and has remodeled the kitchen, dining room, restrooms, and roof. Upstairs, a private apartment offers the opportunity to live above the business, use it as an owner's office, or rent it out for additional income. The restaurant has been awarded "Best Ribs in Wood County" for over 18 consecutive years, drawing patrons from Toledo, Cleveland, Detroit, and beyond. The sale includes the real estate, the business, equipment, furniture, and liquor licenses. The restaurant hosts the post-game celebrations for the Otsego Knights and serves Friday frog legs and Saturday prime rib.

Key Highlights

• Turn‑key restaurant and bar business opportunity, including real estate, equipment, furniture, and liquor licenses.
• Proven profitability with significantly improved sales and a loyal customer base drawn from a wide geographic area.
• Recently remodeled kitchen, dining room, restrooms, and roof, minimizing immediate capital expenditures.**

Property Analytics

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Current Use

Conventional restaurants

Suggested Use

Top Pick Storage Facility Law Firm Bar & Pub

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

Location Intelligence

Trade Area within ½ mile

44

Businesses Nearby

Well-served

Demand for This Use

Explore this area Business Placement

Demographics for 43565, OH

349

Population

139

Households

2.5

Avg Household Size

43

Median Age

10%

College-Educated

96%

High-School Grad

0.2 sq mi

ZIP Area

1,745

Density / Sq Mi

$59,083

Median Household Income

$41,000

Median Earnings

$953

Median Rent

$160,300

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

Questions? Ask Rey

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What type of property is this? Where is this conventional restaurants located? What is the asking price? Find similar properties What are key features of this property?

Frequently Asked Questions

What type of property is this?

Conventional restaurant - Turn-key restaurant opportunity with real estate, business, and licenses.

Where is this conventional restaurant located?

The property is located at 18625 Main Street Tontogany, OH.

What is the asking price?

The asking price for this property is $250,000.

What are key features of this property?

This property features: Turn‑key restaurant and bar business opportunity, including real estate, equipment, furniture, and liquor licenses.; Proven profitability with significantly improved sales and a loyal customer base drawn from a wide geographic area.; Recently remodeled kitchen, dining room, restrooms, and roof, minimizing immediate capital expenditures.**