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.