TURN-KEY BUSINESS - RENTAL PROPERTY - DOWNTOWN PARKING LOT

Live Auction with Online Bidding

Monday, May 18th @ 6PM ET

Auction to be Held On-Site 

Rockets Grub & Pub

128 N Michigan Ave.

Edgerton, OH 43517

Tract 1: Bar/Restaurant Space & D5 liquor license and 1400 sq. ft. occupied apartment

Tract 2: 0.17 acre Parking Lot

Rockets Grub & Pub, a well-established bar in Edgerton, Ohio with a long-standing reputation in the community. Owned and operated by Rena for over 40 years, this business has been a local staple and is now being offered for sale as she prepares for retirement.

This is a true turn-key opportunity, allowing a new owner to step in and continue operations seamlessly. Rena has expressed her willingness to remain on-site during the transition period while the new owner secures their liquor license, providing valuable continuity and support.

The property also includes a clean, 2nd floor, 1400 sq. ft. apartment with long-term tenants of 10 years, offering immediate rental income.

Also offered in this multi-parcel auction is a parking lot located behind the building, also owned by Rena. This 0.17± acre lot provides valuable off-street parking.

Whether you’re looking to own a bar, invest in a proven business, or expand your portfolio, this is a unique opportunity with established roots and income potential.

Bar Includes: D5 liquor license, 2 gas fryers w/ 2 baskets each, 1 double door refrigerator, 1 single door refrigerator, 1 double door freezer, 1 single door freezer, 1 sandwich maker refrigerator, 1 microwave, 1 oven, 1 flat top with 2 burners, 1 fire system exhaust hood, 1 three drain kitchen sink, 1 three drain bar sink, 1 walk in outdoor cooler, and a 4-Tap Draft Beer System for 1/4 Barrels. Pool table, jukebox & speaker are rented. 

Parcel: 061-270-13-018.000

Showings available by appointment with at least 24 hours notice. 

Please be respectful of the existing business that will continue to operate during the marketing process. 

Multi-parcel bidding method will be used. Properties will be offered individually and in combinations. Properties are sold as is, where is with no warranties expressed or implied. Purchaser will enter into a cash purchase contract that is not contingent upon financing.  Please have your financing lined up before the auction. 5% non-refundable down payment due at end of auction. Online bidders will have until 12 pm ET the day after the auction to submit funds. Balance at closing on or before 30 days. Possession at closing. Closing to be held at the office of the Title Company of Northwest Ohio, Newcomer, Shaffer, Spangler & Breininger Law office in Bryan, OH. 

To allow for a smooth transition of the business, the current owner will enter into a management agreement with the new owner to allow for adequate transfer timelines for licensing & vendor relations. 

Property is selling subject to easements, leasehold interests, mineral and/or oil and gas interests, right-of-ways, and building, use and zoning restrictions, if any. Bidders should inspect property and review all pertinent documents and information available as each bidder is responsible for evaluation of the property and shall not rely upon the Seller, Broker, or Auctioneer. All acreages are approximate and have been estimated based on current legal descriptions and/or aerial photographs. All information contained in the brochure is subject to the terms and conditions of sale in the Purchase and Sales Agreement. Seller, Broker and Auctioneer assume no liability for the brochure’s accuracy, errors, or omissions.  Taxes and assessments, interest on any mortgage to be assumed and rents, if any, shall be prorated to the date of delivery of the deed per local method for the subject premises.

All statements made day of auction take precedence over all printed and previously released information.

Owner: Rena Bowen, Rockets Grub & Pub, LLC

Broker & Auctioneer: Darren Bok 57199670989; BRKP.2017004710