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120-124 W Madison Street , Gibsonburg, OH 43431

$320,000
  • 120-124 W Madison Street , Gibsonburg, OH 43431 Main Photo

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New to the Market Active
MLS#10006514
STATUSActive PROPERTY TYPECommercial - Business

Property Description

Opportunity to own a turn key establishment in Gibsonburg! Madison Street Tavern & Pool Hall plus 4 apartments above. Several recent updates & refreshed since 2020 including fresh paint and the addition of the covered patio in the rear which includes patio heater and grill. All inventory, fixtures & equipment are included in the sale (with the exception of a few personal items that will be removed). Multiple Income Stream opportunities within the bar as well. Bar area has recently replaced bottle cooler, other equipment that is included; table/chairs, POS system, Security System, Keg coolers, wash stations, prep stations, beer refrigerator, multiple freezers, commercial coffee maker, commercial stove, fryer, workstations, kitchen space with solid surface countertops, commercial microwave, pizza oven, warmers, walk in cooler plus more. Bar side has 2 bathrooms, back storage room. Pool hall side has 5 pool tables (plus one in bar side), newer carpeting and 2 bathrooms and load of additional storage in the rear. 4 Apartments above, fully occupied. Roof on bar side is approx 10 years old and Pool Hall side is approx 6 years old, both rubber roofs. Great investment opportunity, multiple streams of income potential.

120-124 W Madison Street | MLS# 10006514

This commercial property located at 120-124 W Madison Street , Gibsonburg, OH 43431 is currently listed for sale with an asking price of $320,000. Search Gibsonburg real estate on johnadams.ikeyrealty.com today.

Property Features

Property Type: Commercial - Business
Cooling: Central Air, Wall Unit(s)
Heating: Forced Air, Hot Water, Natural Gas, Radiant
Roof Type: Other
Stories: 2.0
Year Built: 1900

Feature Descriptions

Exterior: Brick
Flooring: Carpet, Tile, Wood
Parcel#: 27-50-00-0065-01 & 27-50-00-0065-00
Parking: On Street
Parking Notes: On Street
Sewer: Public Sewer, Septic Tank
Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Water: Public

Listed By / Shown By

Listed By

Agency Name: Wendt Key Team Realty Ltd
Agency Phone: 419-333-8326

Shown By

Agent Name: John Adams
Agent Phone: (419) 779-4933
Agency Title: Key Realty

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