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Mixed-Use Bar and Pool Hall
For Sale
$320,000

120-124 W Madison Street Gibsonburg, Gibsonburg, OH 43431

Brick commercial property with four occupied apartments, a covered rear patio, and extensive food-service and entertainment equipment.

Property Size9,512 SF
Price / SF$33.64
Days on Market57

Property Features for 120-124 W Madison Street Gibsonburg

General Information

Standard status Active
Size 9,512 SF
Total Parking Spaces 1
Zoning Commercial

Restaurant

Patio Yes
Equipment Included Yes

Additional Details

Furnished Yes
Business Included Yes

Amenities

Yes
ON
5592
Public Records
3920
No
Public
Septic Tank is maintained by the Village,they pump once a year,however owner has Adkins Pump it on rotation also
1.00
0.1600
2000000.00
Brick

Building Details

Year Built 1900
Stories 2
Listing Agency:
Listed By: Brian McLaughlin
Source: Movenowohio
Added: Jul 5 Changed: Aug 30 Last Checked: Aug 30 at 12:57PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Brian McLaughlin

Investment Insights

Based on property information with market context.

This brick mixed-use property combines a bar, pool hall, and four apartments within 9,512 square feet. The bar includes kitchen and service equipment such as a walk-in cooler, commercial stove, fryer, pizza oven, freezers, keg coolers, POS system, bottle cooler, and workstations. Two bathrooms and rear storage serve the bar area.

The pool hall has five pool tables, plus one additional table on the bar side, along with newer carpeting, two bathrooms, and substantial rear storage. A covered rear patio includes a heater and grill. The four apartments above are fully occupied. Recent work since 2020 includes fresh paint and the patio addition. The bar-side rubber roof is approximately 10 years old, while the pool-hall roof is approximately 6 years old. The property is zoned Commercial and uses a septic tank maintained by the Village.

Key Highlights

  • 9,512‑square‑foot mixed‑use property with bar, pool hall, and four apartments
  • Four apartments above the commercial space are fully occupied
  • Pool hall includes five pool tables, plus one additional table on the bar side

Property Analytics

Current Use

Bars & Pubs

Suggested Use

Top Pick Real Estate Agency Dental Office Building Supply Nail Salon Electrical Service Auto Parts Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

128
Businesses Nearby

Demographics for 43431, OH

4,500
Population
1,907
Households
2.4
Avg Household Size
43
Median Age
18%
College-Educated
92%
High-School Grad
49.9 sq mi
ZIP Area
90
Density / Sq Mi
$82,533
Median Household Income
$46,123
Median Earnings
$662
Median Rent
$154,600
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Brick commercial property with four occupied apartments, a covered rear patio, and extensive food-service and entertainment equipment.
Where is this mixed-use property located?
The property is located at 120-124 W Madison Street Gibsonburg Gibsonburg, OH.
What is the asking price?
The asking price for this property is $320,000.
What are key features of this property?
This property features: 9,512‑square‑foot mixed‑use property with bar, pool hall, and four apartments; Four apartments above the commercial space are fully occupied; Pool hall includes five pool tables, plus one additional table on the bar side
More about this property
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