Dave Chappelle's company buys building of historic Dayton comedy club

The comedy star's Iron Table Holdings LLC purchased the building for $1.975 million on July 26

The company purchased the venue and three other parcels from Laff Ltd.

It is operated by the club's founder Daniel "Wiley" Lafferty.

Lafferty first opened Wiley's at 970 Patterson Road in 1982.

The business was the first comedy club in Dayton and is the oldest comedy club in Ohio.

Earlier this year, Chappelle's Iron Table Holdings also purchased a 52-acre property in Yellow Springs.

Chappelle's company bought the property from land developer Oberer.

Wiley's grew in popularity causing Lafferty to relocate his business to a larger venue at 101 Pine St., where it currently resides.

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