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Property profile & analytics
OFF-MARKET
Turn key restaurants

1708 Perry St Port Clinton, OH 43452-1426

3,795 SF 0.44 ac lot Built 1947
Entity Owned Free & Clear
Property ID
US66-2754470
Property summary
AI-generated overview

This exceptional commercial property, located at 1708 E Perry Street in Port Clinton, Ohio, presents a unique investment opportunity. The property, encompassing 3,680 square feet on a 0.435-acre lot, is currently configured as the well-known Phil's Inn Restaurant and Bar. The sale includes existing restaurant equipment and a valuable D5 and D6 liquor license (transfer subject to approval). The main restaurant and bar area occupies approximately 2400 square feet, complemented by a 1200 square foot kitchen and storage area. The property previously featured an outdoor dining area, offering further expansion potential. The property's prime location in Port Clinton, Ohio, adjacent to several hotels, ensures high visibility and convenient access. Ample parking is available on-site. Food recipes are available for separate purchase from the current owner. This is an excellent opportunity to acquire a well-established business and property, ideally positioned to capitalize on the upcoming tourist season. The property is zoned for commercial use and is ready for immediate occupancy. The asking price is $230,000.

Property profile
Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1947
Construction CONCRETE BLOCKS
Total area 3,795 SF
Lot 0.44 ac (18,949 SF)
APN 021-16704-22553-000
UPID US66-2754470
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Port Clinton Restaurant LLC
Port Clinton Restaurant LLC
since 2025
Last sale
$163,000
2 recorded transactions
2025
$163,000
1998
$125,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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