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Commercial Land with Historic Building

1274 Eastern Ave, Gallipolis, OH 45631

For Sale
$349,900

Multi-parcel commercial offering includes a historic building, paved parking, road frontage, and an occupied rental property.

Property Size12,500 SF
Price / SF$27.99
Days on Market152

Property Features for 1274 Eastern Ave

General Information

Standard status Active
Size 12,500 SF
Listing Agency: Sherlock Homes Realty, LLC
Listed By: Matthew Ray
Source: Exprealty
Added: Jun 15 Changed: Oct 25 Last Checked: Nov 12 at 10:57AM

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 Sherlock Homes Realty, LLC

Rey
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Investment Insights

Based on property information with market context.

This commercial land offering combines multiple parcels along Eastern Avenue and Mill Creek Road, including the former city waterworks building at 1216 Eastern Avenue. The structure is date-stamped March 30, 1913, and has a 39-by-72-foot paved parking area behind it. The property also includes a former retail location, an adjoining service garage with a hydraulic lift, an upper area identified for potential apartment use, and a large level exterior area formerly used for auto sales. The 1274 Eastern Avenue rental property is occupied and included in the assemblage.

The combined parcels provide approximately 260 yards of frontage along Eastern Avenue and approximately 40 yards along Mill Creek Road. Properties are offered together in their present AS-IS condition. Advance appointment confirmation through a Realtor is required before visiting because tenants are in place.

Key Highlights

  • Approximately 260 yards of road frontage along Eastern Avenue
  • Additional approximately 40 yards of frontage on Mill Creek Road
  • Former city waterworks building date‑stamped March 30, 1913

Property Analytics

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Current Use

Commercial land

Suggested Use

Top Pick Real Estate Agency Hair Salon (Bike/Boat/Book/etc) Store Nail Salon Locksmith Barber Shop

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

Location Intelligence

Trade Area within ½ mile

190
Businesses Nearby

Demographics for 45631, OH

14,200
Population
6,328
Households
2.2
Avg Household Size
43
Median Age
19%
College-Educated
87%
High-School Grad
114.6 sq mi
ZIP Area
124
Density / Sq Mi
$54,772
Median Household Income
$36,382
Median Earnings
$807
Median Rent
$138,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Properties on Market for Commercial land in Gallipolis

Jul
Aug
Sep
Oct

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025

Frequently Asked Questions

What type of property is this?
Commercial land - Multi-parcel commercial offering includes a historic building, paved parking, road frontage, and an occupied rental property.
Where is this commercial land located?
The property is located at 1274 Eastern Ave Gallipolis, OH.
What is the asking price?
The asking price for this property is $349,900.
What are key features of this property?
This property features: Approximately 260 yards of road frontage along Eastern Avenue; Additional approximately 40 yards of frontage on Mill Creek Road; Former city waterworks building date‑stamped March 30, 1913
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