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BANQUET FACILITY & 11-HOLE GOLF COURSE
FOR SALE
Skip [email protected]
10 N. High St. Suite 401 Columbus, Ohio 43215
614-221-4286www.rweiler.com
1940 Little Bear LoopLewis Center, Ohio 43035
Little Bear Golf Course & Banquet Facility 99-Year Renewable
Ground Lease
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Property DescriptionBANQUET FACILITY & 11 - HOLE GOLF COURSE
IN ORANGE TOWNSHIP!
33 +/- acre property between Powell Rd and Orange Rd that
features a bar and grille, fitness center, spa/massage, ballroom
and media/movie room. Owner is selling the leasehold of the 99-year
renewable ground lease and assets.
Opened in 2007 Little Bear Golf Club is a daily fee course
located in Lewis Center. Property features an 11-hole public golf
course on hybrid grass with 22 sand traps, more than 1,000 trees,
three lakes and a stone waterfall surrounded by walking/bike
trails. In addition to the luscious grounds, there is a 14,000 +/-
SF banquet facility with walkout & balcony
overlooking the course. Development text available upon request.
Certain restrictions apply per Orange Township. D5 Liquor license
available for transfer.
Address: 1940 Little Bear Loop Lewis Center, OH 43035County:
DelawareTownship: OrangePID: 318-314-01-007-005
318-314-19-001-000Location: Off S. Old State Rd between E. Powell
Rd & E. Orange RdBuilding Size: 14,000 +/-SFYear Built: 2006
Acreage: 33 +/- acSale Price: $1,100,000 as-is & includes
equipment (list available upon request)Zoning: SF-PRD Single Family
Planned Residential District (Restricted use to Golf and Banquet
Facility)*Fees from homeowners: 92 homes: $80/mo. = $88,320/yr. 54
condos: $80/mo. = $51,840/yr.Yearly Total Fee: $140,160 ~ 70% goes
to Little Bear for use of fitness area & golf course amenities
by residents.
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Photos
Main Entrance Main Entrance
11th Hole WalkwayExterior West Facade Exterior & Course
Upper Deck
Banquet Area Banquet Area Restrooms Bar & Grill Seating
Bar & Grill Barback Bar & Grill Kitchen Bar & Grill
Kitchen
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Photos
Fitness Reception Fitness Gym
Pro Shop Reception Pro Shop Pro Shop Wall Decor
Restroom - Shower Hallway Restroom Shower Off Gym
Fitness Gym
Fitness Gym Fitness Gym Lower Walkout Patio
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Building Sketch
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Property Location
Great Location!10 minutes north of Polaris Mall (2.3 miles)
7 minutes south of Alum Creek State Park (3.7 miles)
Less than 2 miles to NorthPointe Retail Plaza
Site he
re
NorthPointe Plaza
Polaris Fashion Place
Alum Creek State Park Beach
Alum Creek
Lake
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Aerial & Plat Maps
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Street Maps
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Zoning Map
Click here to see zoning text
Site H
ere
https://orangetwp.org/DocumentCenter/View/2168
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Flood Map
Site H
ere
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Demographics & Traffic
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LEWIS CENTER CO
MM
UNITY PROFILE
Lewis Center is an unincorporated community in northwestern
Orange Town-ship, Delaware County, Ohio, United States, located
between Columbus and Delaware. Its ZIP code is 43035. Although
Lewis Center is a small community, its ZIP code encompasses a
number of shopping centers and retail establishments that line U.S.
Route 23 in the nearby vicinity. The Lewis Center area lies on the
east side of the Olentangy River, across from the city of Powell,
west of Alum Creek State Park and north of the Polaris shopping
hub.
Living in Lewis CenterLewis Center is a medium-sized town
located in the state of Ohio. With a pop-ulation of 29,257 people
and four constituent neighborhoods, Lewis Center is the 61st
largest community in Ohio. Much of the housing stock in Lewis
Center was built relatively recently. The construction of new real
estate can often be taken as an indication that the local Lewis
Center economy is robust, and that jobs or other amenities are
attracting an infl ux of new residents. This seems to be the case
in Lewis Center, where the average household income is
$125,542.
Neighborhood - Polaris Fashion PlacePolaris Fashion Place
located south of Lewis Center, is central Ohio’s premier re-tail
destination, features a distinctive mix of fashion retailers and
anchors, many of which have their only Columbus store at this
location. The center caters to a growing, affl uent shopper base
with an unparalleled selection of services and amenities including
valet parking with remote retrieval, stunning architecture,
full-service restaurants, a 775-seat food court and one of central
Ohio’s largest children’s soft play areas. Glimcher has opened a
magnifi cent 155,000-square-foot outdoor redevelopment, masterfully
designed to the level of its indoor offering.• 1.4 million Square
Feet• Over $80,000 Average Household Income• 164,600 Daytime
Population in 5 Miles
Age Distributi on
Polaris Trade Area Fast Facts• 4 Million Square Feet of Offi ce
in Immediate Area – Over 40,000 Employed• MSA includes 6 counties
with a total population of 2 million• Home to Chase Bank Corporate
Center, a 1.9M Square Foot facility with
over 8,000 employees• Two Dedicated Exits off I-71 Interchange
(132,000+ VPD)• Car Counts in Excess of 70,000 Vehicles Per Day at
Major Intersections• Located in Delaware County, the State’s
Fastest Growing County, the Na-
tion’s 26th Wealthiest County.
Employment Industries
Welcome to Lewis Center
Income
City Highlights
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9FACTBOOK
delaware county
EMPLOYMENT BY INDUSTRY
DEMOGRAPHICS
196,463RESIDENTS
37.8MEDIAN AGE
65,648HOUSEHOLDS
$91,955MEDIAN HOUSEHOLD INCOME
COLUMBUS REGION EMPLOYMENT BY INDUSTRY
Construction and Mining
4%7%
3%
14%
3%
7%
24%
10%
16%
3%
9%Manufacturing
Wholesale Trade
Retail Trade
Transportation and Utilities
Financial Activities
Professional and Business Services
Education and Health
Leisure and Hospitality
Other Services
Government
WORKFORCE
3.5% UNEMPLOYMENT RATEDELAWARE COUNTY
0 10 20 30 40 50 60
BacBachelorAssociate USAssociate
% 25+ WITH ASSOCIATE DEGREE
OR HIGHER
% 25+ WITH BACHELOR’S DEGREE
OR HIGHER
Delaware County
U.S.Average
30.6%
38.8%
58.5%
51.8%
Source: U.S. Census Bureau, 2016 Population Estimates; U.S.
Census Bureau, American Community Survey 2015; EMSI, 2017; Bureau
of Labor Statistics, LAUS, seasonally adjusted by Columbus 2020
(2016 average)
COMPANY FTE OPERATIONSJPMorgan Chase & Co. 10,197 Financial
services back office, software development, data center
The Kroger Co. 800 Great Lakes distribution center of
supermarket retailer
DHL Supply Chain 744 Americas HQ, logistics services
American Showa Inc. 560 Manufacturing and R&D of shock
absorbers and power steering systems
Vertiv Co. 550 HQ, manufacturing of power equipment for
industrial and data centers
McGraw-Hill Education 500 Distribution of educational
publications, development of digital learning products
Optum 500 Insurance and workers compensation office
Advanced Auto Parts, Inc. 406 Auto parts distribution
PPG Industries, Inc. 359 Paint and resins manufacturing,
R&D
JEGS High Performance 350 HQ and distribution of auto and truck
parts
LARGEST PRIVATE SECTOR EMPLOYERS
County Highlights
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Marion County
KnoxCounty
Logan County
CLEVELAND
DETROIT
INDIANAPOLIS
CHICAGO
LOUISVILLE
PITTSBURGH
CINCINNATI
ATLANTA
ST. LOUIS
80
75
9080
90
64
70
80
71
COLUMBUS 70
77
77
64
75
65
40
250 miles 400 km
500 miles 800 km
RICHMOND
TORONTO
MATT McCOLLISTERVice President, Economic Development150 South
Front ST, Suite 200Columbus, OH 43215
Phone: (614)225.6953Email: [email protected]
COLUMBUS ECONOMIC MARKET
D
L
M
I
K
HJF
A
N
O
E
B C
G
FORTUNE 1000 HEADQUARTERS
A – Scotts Miracle-Gro Co.B – PacerC – Cardinal HealthD –
Worthington IndustriesE – Mettler-Toledo International, Inc.F – Big
LotsG – Huntington BancsharesH – Hexion Specialty
Chemicals/Momentive Performance Materials
I – Bob Evans Farms J – Retail Ventures Inc.K – American
Electric PowerL – NationwideM – Limited BrandsN – Abercrombie &
FitchO – Greif
Market Highlights
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This confidential Offering memorandum has been prepared by The
Robert Weiler Company for use by a limited number of parties whose
sole purpose is to evaluate the possible purchase of the subject
property. This Memorandum has been prepared to provide summary,
unverified information to prospective purchasers, and to establish
only a preliminary level of interest in the subject property. The
information contained herein is not a substitute for a thorough due
diligence investigation.
The information contained in the Memorandum has been obtained
from sources we believe to be reliable. While we do not doubt its
accuracy, we have not verified it and make no guar-antee, warranty,
or representation about it. It is your responsibility to
independently confirm its accuracy and completeness. Any
projections, opinions, assumptions or estimates used, are for
example only, and do not represent the current or future
performance of the property. The value of this transaction to you
depends on taxes and other factors which should be evaluated by
your tax, financial and legal advisors. You and your advisors
should conduct a careful, inde-pendent investigation of the
property for your needs. All potential buyers must take
appropri-ate measures to verify all of the information set forth
herein. Both The Robert Weiler company and the Owner disclaim any
responsibility for inaccuracies and expect prospective purchasers
to exercise independent due diligence in verifying all such
information. The contained informa-tion is subject to change at any
time and without notice. The recipient of the Memorandum shall not
look to the Owner or The Robert Weiler Company for the accuracy of
completeness of the Memorandum.
A prospective purchaser must make its own independent
investigations, projections, and con-clusions regarding the
acquisition of the property without reliance on this Memorandum or
any other Confidential information, written or verbal, from the
Broker or the Seller. The Owner expressly reserves the right, at
its sole discretion, to reject any offer to purchase the property
or to terminate any negotiations with any party, at any time, with
or without written notice. Only a fully-executed Real Estate
Purchase Agreement , approved by Seller, shall bind the prop-erty.
Each prospective purchaser and /or broker proceeds at its own
risk.
Offering Memorandum