Former Mudlick Tap House
Turn Key Restaurant with Liquor License
Marketing description
An exceptional opportunity to acquire a fully built-out, freestanding restaurant and event space in the heart of Downtown Dayton’s Central Business District. This 14,800 SF multi-level property is offered turnkey and includes all furniture, fixtures, and equipment—allowing an operator or investor to step in with minimal downtime.
The first floor features a complete commercial kitchen (with prep kitchen within), full-service bar, spacious dining area, and outdoor patio seating, creating an ideal environment for daily service and high-volume operations. The second floor provides overflow for regular dining and is also designed as a premier event and entertainment space, capable of seating up to 130 guests, with a full bar and expansive open layout—perfect for private events, banquets, live entertainment, and corporate gatherings. The third floor offers a large open area ready for conversion into an additional revenue stream such as a rooftop concept, lounge, private dining, or creative use.
The basement provides substantial operational support with a large walk-in cooler and ample dry storage. A freight elevator services all floors, ensuring seamless movement of inventory, staff and need-based guests throughout the building.
Strategically positioned in a high-traffic location, the property sits just one block from the Schuster Center, Victoria Theatre, and walking distance to the Dayton Dragons Baseball Stadium, benefiting from consistent foot traffic and nearby parking. The site offers excellent accessibility—approximately one mile from Interstate 75 (133,048 vehicles per day) and less than one mile from US-35 (61,177 vehicles per day).
Located within the Designated Outdoor Refreshment Area (DORA), (D-5 and D-6 liquor licenses including Sunday sales!), the property enjoys strong curb appeal and enhanced customer engagement. This versatile asset is ideal for restaurateurs, event operators, or investors seeking a landmark location with built-in infrastructure and multiple revenue opportunities in one of Dayton’s most vibrant districts.
Investment highlights
Eligible businesses may benefit from the City of Dayton’s First Floor Fund Program, designed to help activate vacant or underutilized storefronts along neighborhood business corridors and the Greater Downtown area. The program offers primary loans from $50,000 up to $300,000 (or up to 50% of total project costs), with potential forgivable loan opportunities up to $50,000 for qualified applicants. Funds may be used for building renovations, tenant improvements, equipment, furniture, fixtures, and working capital. Target interest rates range from 2%–4% with terms up to 7 years. Ideal applicants include restaurants, retail shops, coffee shops, salons, fitness studios, bars, and other service-oriented businesses seeking to establish or expand their presence in Dayton.
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