1541 Oh-7Gallipolis, OH 45631

For Sale
$499,900

High-traffic commercial property with rental income.

Overview

Added:
Dec 11, 2024
Days on market:
92
This exceptional mixed-use property in Gallipolis, Ohio, presents a compelling investment opportunity. Located on State Route 7, just 1.5 miles north of the Silver Memorial Bridge and SR 35, this 2.77-acre parcel boasts 287 feet of road frontage, ensuring high visibility and accessibility. The property includes a 4,992 square foot commercial building, previously a thriving truck accessories and auto glass business, offering versatile potential for various uses. Adding to its appeal are two existing rental homes, each generating $700 per month in rental income, with long-term tenants covering all utilities. The commercial building comprises 2,176 square feet, while the rental homes measure 1,856 and 960 square feet respectively. Its proximity to power plants (4 miles) and Nucor Steel (17 miles) in West Virginia makes it ideal for industrial or business ventures. The flat land also presents opportunities for multi-family development. The asking price is $499,900. The property is zoned for commercial use. This property offers a unique blend of commercial space and established rental income, making it an attractive investment with significant upside potential.

Highlights

  • High-visibility 2.77-acre commercial property in Gallipolis, OH, on State Route 7.
  • 4,992 SF commercial building (previously a truck accessories/auto glass business), plus two rental homes generating $1,400/month in combined rent.
  • Zoned commercial, with potential for multi-family development.
  • Excellent location near major roadways (SR 7, Silver Memorial Bridge, SR 35), power plants, and Nucor Steel.
  • Asking price: $499,900.

Property Details for 1541 Oh-7

Property type
Other mixed-use properties, Other land
Square Feet
4,992 SF
Buildings
1
Lot Size (sq. ft)
120,661 SF

Location Insight

City
Gallipolis
County
Gallia
State
Ohio
Latitude
38.858601
Longitude
-82.144876
1541 Oh-7, Gallipolis, Ohio

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1541 Oh-7
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