120-124 W Madison Street Gibsonburg, OH $ 320,000
120-124 W Madison Street
$ 320,000
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120-124 W Madison Street

Gibsonburg, OH, 43431
$ 320,000
Bedrooms-- Baths-- Sq 9,512

Monthly Estimate*

$ 1,970

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Commercial Property for sale in Gibsonburg, OH

for $320,000. This 9,512 square foot building was built in 1900 on a lot size of 0.16.

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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Commercial Active

Price

$ 320,000

Property Type

Commercial

Taxes

$ 3,148

Style

Business

Lot Size

0.16

Year Built

1900

Town/City

Gibsonburg

County/Region

Sandusky

MLS | Web ID

20261328

Features
General
Sewer Public Sewer Septic Tank See Sewer Comment
Possession At Closing
Roof Rubber
Zoning Commercial
Extras Inventory Equipment Liquor License Frontage Exposure Security System
Year Built 1900
Stories Count 2
Age 0
Property Subtype Business
Tax Year 2025
Auction No
Accessibility Level Entry
County Sandusky
Property Description Tavern Pool Hall and 4 Apartments
Property Type Commercial Sale
Property SubType 2 Combined
Close Price 0.00
Status Active
Directions Located in the heart of Gibsonburg downtown.
City Gibsonburg
MLS Area Madison
Lot Size Units Acres
Lot Size Square Feet 6970.00
Availability Date 1800-01-01
Legal Description 65 E1/2
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Exterior
Water Source Public
Total Parking 1.00
Flood Plan No
Exterior Construction Brick
Lot Size Acres 0.1600
Waterfront Y/N No
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Interior
Restrooms Yes
Electricity ON
3/4 Baths 0
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Internal Only
Street Number 1 120
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* Excluded Features
List By
Jamie A. Ritchie

Listing Agent

Wendt Key Team Realty

Broker

(419) 559-9590

Phone

Affordability Calculator

$2,233
Per Month
88%
12%
0%
Monthly Principal & Interest
$1,970
Monthly Property Taxes
$262
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
1272019 Elementary School
1271802 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/17/2026$320,000 Listed Price

Map


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120-124 W Madison Street, Gibsonburg, OH, 43431 is a Commercial Property for sale at $320,000 with 9,512 sqft and a lot size of 0.16. 120-124 W Madison Street was built in 1900. The property's zip code is 43431 which is in Gibsonburg, OH