Restaurant, Bar, and Carry-out Store 324 Delaware St

Investment Highlights

The Beer Barrel Saloon, Tippers Restaurant, and The Island Beverage Center.

Executive Summary

The Beer Barrel, became known in Guinness Book Of World Records as the ?Longest Bar In The World? boasting an amazing 405? long bar, 56 beer taps and 160 bar stools. The Barrel was built to entertain the masses and through the years some of the most popular acts in music have performed on its stage in front of thousands of people. Like its predecessor The Colonial, the Beer Barrel is part of a giant entertainment complex all under one roof. A clothing gift shop ensures folks don?t walk away without a piece of Put-In-Bay and Tippers Restaurant serves them up some of the Island?s tastiest food. Like the Beer Barrel, Tippers has been family run for 35 years. It is known by tourists, summer cottagers and islanders alike for its daily food specials and musical entertainment. The restaurant features an impressive 5,676 square feet of dining and bar area with a massive 1,500 square foot kitchen. Also, part of the complex is The Island Beverage Center. It is open year-round and includes the island?s only liquor store. Locally known as the Bevie and the place to go for liquor, beer, wine, snacks, and other beverages. Its ideal location across the street from Jose De Rivera Park and the City Boat Docks make it an easy short walk for boaters and other visitors needing to stock up on suppliesThe Beer Barrel, Tippers, and the Beverage Center are offered for sale at $6,900,000.

• Sale Type    Investment
• Property Type    Retail
• Property Subtype    Restaurant
• Building Size    25,656
• Year Built    1989
• Price    6,900,000
• Price Per SF    269
• Percent Leased    100
• Building Height    1 Story
• Building FAR    0.56
• Land Acres    1.05 AC