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.
Property Features
Property Type: Commercial - Industrial
Days on Market: 5
Lot Size: 0.16 Acres
Roof Type: Rubber
Year Built: 1900
Amenities
Inventory
Equipment
Liquor License
Frontage Exposure
Security System
Feature Descriptions
Business Use: Restaurant
Exterior: Brick
Lot Dimensions: 0.1600 Acre(s)
Security: yes
Sewer: Public Sewer, Septic Tank, See Sewer Comment
Water: Public
120 W Madison Street | MLS# 20261328
This commercial property located at 120 W Madison Street, Gibsonburg, OH 43431 is currently listed for sale with an asking price of $320,000. Search Gibsonburg real estate on www.kaszycarealestate.com today.