Portage Lakes Waterfront Reactivation Retail FOR SALE


Akron, OH
$5,850,000 USD
330-475-5500
, Akron, OH for Sale
$5,850,000 USD
Retail - FOR SALE
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Portage Lakes Waterfront Reactivation
Akron, OH


HIGHLIGHTS

  • $1.5M+ in 2023–2025 capital improvements: dock system, full seawall reinforcement, HVAC, roofs, parking, and lift stations
  • Four transferable liquor licenses (D5 and D6 at each property); 650+ feet of continuous lake frontage across two premier waterfront sites
  • ±26,938 SF across ±3.4 acres, 20 exclusive docks, and multi-level outdoor areas
  • Flexible B-2 Limited/Local Business District zoning supporting dining, entertainment, retail, and mixed-use concepts
  • Deep local brand recognition and established corridor presence; Strong regional demand for experiential waterfront destinations
  • Ideal platform for single-concept flagship or multi-concept activation; Exceptional visibility from both land and water

OVERVIEW

Two adjacent waterfront venues in the heart of Portage Lakes are being offered as a combined reactivation opportunity. With over $1.5M in recent infrastructure improvements completed in 2023 to 2025, four transferable liquor licenses, 650+ feet of West Reservoir frontage, and approximately 26,938 SF across two buildings on 3.4 acres, the portfolio provides a ready platform for an experienced operator to launch one or multiple destination concepts on Northeast Ohio's most established waterfront entertainment corridor. The properties formerly known as Pick's Boathouse and The Old Harbor Inn occupy established lakefront positions with extensive dock infrastructure and flexible layouts. The configuration supports multiple execution paths, including a single flagship concept, two complementary venues with shared traffic or a phased activation strategy. In a market where commercial waterfront sites of this scale are difficult to replicate, the portfolio offers strong visibility, infrastructure, and long-term operating potential for operators, developers, and capital partners.

ASK ABOUT THIS PROPERTY

Nichole BookerSVN | Summit Commercial Real Estate AdvisorsMore Info
330-475-5500

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Nichole BookerSVN | Summit Commercial Real Estate AdvisorsMore Info
330-475-5500

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.