120-124 W Madison St, Gibsonburg, OH 43431

$320,000

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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.

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Listing courtesy of Listing Agent: Jamie Ritchie (jamieritchie@wendtkey.com) from Listing Office: Wendt Key Team Realty Ltd.