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Kirwen's Super Market 104 W Madison St 9,240 SF 100% Leased Retail Building Gibsonburg, OH 43431 $692,761 CAD ($74.97 CAD/SF)

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EXECUTIVE SUMMARY

The PRIDE OF GIBSONBURG continues with YOU!
Family owned and operated for 103 years, Kirwen's Grocery Store is the hub of activity in the heart of downtown Gibsonburg and is ready for a new owner. All buildings (6 parcels) and business fixtures are included in the sale. Food/product inventory not included, to be purchased separately. This is a turn key operation that is near-and-dear to all of the locals.
The sale includes a C2 liquor license (beer and wine only, no Sunday sales), subject to any required government approvals. Current owner also offers Lottery sales, new owner would need to apply to continue if desired.
Grocery store has 6 aisles of shelving and/or refrigeration units, 3 check-out lanes, fresh meat preparation station, deli display cases, deli order prep area, storage room, office, large deli prep kitchen, 28'x9' walk-in refrigerator/freezer space, break room, all LED lighting, and 2 bathrooms. Store has entrance at corner of State Routes 300 & 600 as well as an entrance off of parking lot behind the building.
Upper level of buildings contains 3 apartments, all currently rented. Electric and gas separate for all units, water/sewer/garbage included in rent. Additional area in upper level has office size spaces as well as large storage spaces.
Recent updates to Grocery store features new flooring (2022), kitchen venting updated in 2025 and new heat exchangers in both furnaces in 2024.
All showings to be during business hours: Monday-Saturday 8a-8p, Sunday 9a-5p
Listing Agent to accompany showings.
One apartment will be available at showings, others will be made available if there is further interest from your client.
Financials will be made available to qualified, interested clients. Confidentiality agreement will need to be signed and agreed to before financials released.

PROPERTY FACTS

Sale Type
Investment or Owner User
Sale Condition
Business Value Included
Property Type
Retail
Building Size
9,240 SF
Year Built
1896
Price
$692,761 CAD
Price Per SF
$74.97 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Frontage
105’ on Madison Street

AMENITIES

  • Corner Lot
  • Signage
  • Storage Space
  • Air Conditioning

ABOUT 104 W MADISON ST , GIBSONBURG, OH 43431

The PRIDE OF GIBSONBURG continues with YOU! Family owned and operated for 103 years, Kirwen's Grocery Store is the hub of activity in the heart of downtown Gibsonburg and is ready for a new owner. All buildings (6 parcels) and business fixtures are included in the sale. Food/product inventory not included, to be purchased separately. This is a turn key operation that is near-and-dear to all of the locals. The sale includes a C2 liquor license (beer and wine only, no Sunday sales), subject to any required government approvals. Current owner also offers Lottery sales, new owner would need to apply to continue if desired. Grocery store has 6 aisles of shelving and/or refrigeration units, 3 check-out lanes, fresh meat preparation station, deli display cases, deli order prep area, storage room, office, large deli prep kitchen, 28'x9' walk-in refrigerator/freezer space, break room, all LED lighting, and 2 bathrooms. Store has entrance at corner of State Routes 300 & 600 as well as an entrance off of parking lot behind the building. Upper level of buildings contains 3 apartments, all currently rented. Electric and gas separate for all units, water/sewer/garbage included in rent. Additional area in upper level has office size spaces as well as large storage spaces. Recent updates to Grocery store features new flooring (2022), kitchen venting updated in 2025 and new heat exchangers in both furnaces in 2024.

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 27-50-00-0611-00
  • 27-50-00-0612-00
  • 27-50-00-0608-00
  • 27-50-00-0609-00
  • 27-50-00-0613-00
  • 27-50-00-0610-00
Land Assessment
$24,246 CAD
Improvements Assessment
$97,897 CAD
Total Assessment
$122,143 CAD
  • Listing ID: 39005475

  • Date on Market: 2026-01-07

  • Last Updated:

  • Address: 104 W Madison St, Gibsonburg, OH 43431

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