120-124 W Madison ST, Gibsonburg, OH 43431
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120-124 W Madison ST, Gibsonburg, OH 43431
120-124 W Madison ST, Gibsonburg, OH 43431
120-124 W Madison ST, Gibsonburg, OH 43431
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Cherisse Riney

Cherisse Riney

+1(925) 270-5735
Listed by Jamie Ritchie Wendt Key Team Realty Ltd
$ 320,000
Est. payment /mo
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120-124 W Madison ST Gibsonburg, OH 43431

UPDATED:

Key Details

Property Type Commercial

Sub Type Business

Listing Status Active

Purchase Type For Sale

MLS Listing ID 10006514

Year Built 1900

Tax Year 2025

Property Sub-Type Business

Source Northwest Ohio Real Estate Information Service (NORIS)

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.

Location

State OH

County Sandusky

Direction Located in the heart of Gibsonburg, downtown.

Rooms

Dining Room No

Kitchen No

Interior

Heating Forced Air, Hot Water, Natural Gas, Radiant

Cooling Central Air, Wall Unit(s)

Flooring Carpet, Tile, Wood

Inclusions Inventory, Fixtures, Building

Equipment No

Exterior

Parking Features On Street

Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

Roof Type Other

Building

Story 2

Foundation Slab

Sewer Public Sewer, Septic Tank

Others

Tax ID 27-50-00-0065-01 & 27-50-00-0065-00

Acceptable Financing Cash, Conventional, Month To Month

Listing Terms Cash, Conventional, Month To Month

Virtual Tour https://www.propertypanorama.com/instaview/toledo/10006514

Cherisse Riney

Cherisse Riney

Agent | License ID: SAL.2021001296

+1(925) 270-5735

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120-124 W Madison ST