Listing Agency: Leonard and Newland Real Estate Services l***@gmail.com Show Phone

Listed By: Jeffery A Leonard Show Phone

Source: Exprealty

Added: Jul 18 Changed: Aug 4 Last Checked: Aug 7 at 11:24AM

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Investment Insights

Based on property information with market context.

This bar and restaurant property combines indoor operations with a broad mix of recreational and entertainment improvements. The offering includes a kitchen, gas-fired pizza oven, retail store, arcade room, game room, outdoor bar, volleyball court, waterslide, baseball field, and printing shop. Coolers, equipment, and inventory are included, and the liquor license is transferable to the new owner. Games and billiards are owned by an entertainment company under a 50/50 profit split.

Outdoor amenities include a private lake with a beach area, multiple entertainment venues, and 9 camper pads. The property is being offered in two parcels: 1.5 acres with the business and 10.5 acres containing the beach area, with an opportunity to consider the parcels together. Located at 24825 Armstrong Hill Rd in Lower Salem, Ohio, the property supports event, wedding, live-music, camping, and ATV-tourism uses identified in the offering.

Key Highlights

• Bar and restaurant with kitchen, gas‑fired pizza oven, retail store, and transferable liquor license
• Private lake with beach area, outdoor bar, volleyball court, and waterslide
• Arcade room, game room, baseball field, printing shop, and outdoor entertainment venues

Property Analytics

Current Use

Bars & Pubs

Suggested Use

Top Pick Hotel & Motel

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

Turnkey business

Opportunity

Yes

Liquor license

Location Intelligence

Trade Area within ½ mile

1

Businesses Nearby

Well-served

Demand for This Use

Explore this area Business Placement

Demographics for 45745, OH

1,104

Population

607

Households

1.8

Avg Household Size

45

Median Age

17%

College-Educated

89%

High-School Grad

72.6 sq mi

ZIP Area

15

Density / Sq Mi

$47,808

Median Household Income

$24,848

Median Earnings

$1,135

Median Rent

$100,200

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?

Bar & Pub - Bar and restaurant operation with lake recreation, event amenities, camper pads, and transferable liquor license.

Where is this bar & pub located?

The property is located at 24825 Armstrong Hill Rd Lower Salem, OH.

What are key features of this property?

This property features: Bar and restaurant with kitchen, gas‑fired pizza oven, retail store, and transferable liquor license; Private lake with beach area, outdoor bar, volleyball court, and waterslide; Arcade room, game room, baseball field, printing shop, and outdoor entertainment venues