Portage Lakes Legacy Portfolio

Highlights

• 650+ feet of continuous lake frontage across two premier waterfront sites
• ±26,938 SF across ±3.4 acres; 20 exclusive docks; multi-level outdoor areas
• Flexible zoning supporting hospitality, entertainment, mixed-use concepts
• Significant recent capital improvements in buildings and site infrastructure
• Newly constructed, state-of-the-art dock system with full seawall reinforcement and custom waterfront decks (2025)
• Ideal platform for multi-concept operators
• Exceptional visibility from both land and water
• Strong regional demand for experiential waterfront destinations
• Deep local brand recognition and legacy presence

Description

Being offered as a combined portfolio is an extraordinary opportunity to acquire two historic waterfront landmarks that have shaped the Portage Lakes hospitality landscape for generations. The legacy properties formerly known as Pick's and Old Harbor Inn, offered together as a premier hospitality and mixed-use portfolio, encompass approximately 26,938 SF across 3.4 acres with irreplaceable frontage on the West Reservoir in the heart of the Portage Lakes community. In a region where true commercial waterfront sites are nearly impossible to replicate, this portfolio delivers unmatched scale, visibility, and long-term potential for visionary operators, investors, and developers. Both properties occupy premier lakefront locations with deep community connection, extensive dock infrastructure, and strong adaptive reuse flexibility. Together, they offer multiple paths to value creation - through reactivation, repositioning, or full concept reinvention.

Located along the eastern shoreline of the West Reservoir in Coventry Township, the portfolio sits at the center of the Portage Lakes’ primary commercial and recreational district. The area is known for its active boating community, live entertainment, events, and year-round leisure draw - making it one of Northeast Ohio’s most established waterfront hospitality corridors.

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