Listed with Timothy Pitts, Metzger Property Services, LLC, chad@metzgerauction.com

Price $0
Status Active
Size n/a
Lot Size 33,542 sqft
Days on Market 5
Rare Lake Wawasee Opportunity- The Frog Tavern & the Iconic S.S. Lillypad II Houseboat Selling at Auction on 3/11, 6 pm. Tract 1 offers ~250' of Lake Wawasee Frontage & the Frog Tavern & S.S. Lillypad II Houseboat. The Frog is a popular, laid-back waterfront destination known for casual dining, live music, with accessibility by both land & water. This iconic property offers year-round indoor & outdoor dining, live entertainment, waterfront seating with boat docking access, game room, pool tables, and a long-standing reputation as a premier lake destination. The restaurant features a full commercial kitchen, walk-in coolers & freezer, offices & storage. Tract 1 also includes the S.S. Lillypad II, a 70' commercial event houseboat used for private charters and public cruises, Two (2) 3-way liquor licenses"”a rare and valuable asset in this market"”support both on-site restaurant operations and off-site lake cruises, enhancing revenue flexibility and future growth potential. Located in an exclusive, high-demand lakefront market with limited inventory, this property presents a unique opportunity for those seeking a turnkey hospitality & event venue with waterfront real estate. See Information Packet for Full Details. Bid on this tract individually or with Tract 2, a .89-acre overflow parking lot.
Property Type(s): Commercial
Last Updated 2/9/2026 Tract Forest Park
Year Built 1949 County Kosciusko

Additional Details

AIR Central Air
AIR CONDITIONING Yes
APPLIANCES Water Heater, Water Softener
CONSTRUCTION Shingle Siding, Wood Siding
HEAT Forced Air, Natural Gas
LOT 0.77 acre(s)
LOT DIMENSIONS 355x204
PARKING Asphalt, On Street, Gravel, Paved, Parking Lot
SEWER Public Sewer
STORIES 1
SUBDIVISION Forest Park
TAXES 13080.14
UTILITIES Electricity Available, Natural Gas Available, Sewer Available, Water Available
WATER Public
WATER ACCESS Lake Wawasee
WATERFRONT Yes
WATERFRONT DESCRIPTION Canal Front, Lake
Listed with Timothy Pitts, Metzger Property Services, LLC, chad@metzgerauction.com
The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Indiana Regional MLS®. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.
Copyright© 2026 IRMLS. All rights reserved.
Last Updated On: 2/15/26 2:14 AM PST
Walk Score provided by walkscore.com

This IDX solution is (c) Diverse Solutions 2026.

Location

 

Contact us about this Property

 / 
We respect your online privacy and will never spam you. By submitting this form with your telephone number you are consenting for Metzger Auction to contact you even if your name is on a Federal or State "Do not call List".
Email a Friend