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Belpre Commercial Property on Washington
For Sale
Contact for pricing
Pending

2119 Washington Boulevard, Belpre, OH 45714

Prime commercial opportunity with high visibility and redevelopment potential.

Property Size1,740 SF
Days on Market222

Property Features for 2119 Washington Boulevard

General Information

Standard status Pending
Size 1,740 SF
Property subtype Special Purpose
Listed By: Conner Kochansky · License #2022003446
Source: Crexi
Added: Feb 27 Changed: Oct 6 Last Checked: Oct 5 at 5:34PM

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 Conner Kochansky

Investment Insights

Based on property information with market context.

Located on Washington Boulevard in Belpre, this commercial property offers a prime opportunity for businesses. Situated on the main commercial corridor, the property at 2119 Washington Blvd provides exceptional visibility and accessibility. Previously home to G and S Furniture, the site has a well-known presence and a proven retail history in the community. The property offers flexibility for various business needs. The existing structure can be renovated and updated, repurposed for retail or office space, or the lot can be redeveloped to create a new building. Washington Boulevard connects Belpre to Parkersburg and surrounding areas, ensuring steady local and regional traffic. The property size is 1740 square feet. This location is ideal for businesses seeking visibility, accessibility, and long-term potential.

Key Highlights

  • Prime location on Washington Boulevard, the main commercial corridor in Belpre, offering exceptional visibility and easy access.
  • Proven retail history as the former site of G and S Furniture, with a well‑known presence in the community.
  • High traffic volume due to Washington Blvd connecting Belpre to Parkersburg and surrounding areas.

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$6,905
Cap Rate
4.32%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$138,100 $138.1K
Cap Rate 7%
$98,643 $98.6K
Cap Rate 9%
$76,722 $76.7K
Market Conditions
NOI Build-Up for 1,740 SF
Gross rent
$10.2K $5.88/SF
− Vacancy
−$366 −$0.21/SF
EGI
$9.9K $5.67/SF
− OpEx
−$3.0K −$1.70/SF
NOI
$6.9K $3.97/SF
Area
Washington County, OH
Vacancy
3.58%
Lease Rate
$5.88 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$138,100
Cap Rate 7%
$98,643
Cap Rate 9%
$76,722

Alternative Uses

Best Use
Retail
$98.6K
$86.3K – $115.1K (±1% cap)
NOI $6,905 @ 7.0% cap · market cap 4.32%
Second Best
—
—
no second resolved use
Theoretical Best
Mixed Use
$404.4K
$353.9K – $471.9K (±1% cap)
NOI $28,311 @ 7.0% cap · market cap 17.69%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

G & S Office ... Furniture & Home Goods

Suggested Use

Top Pick Real Estate Agency Dental Office Law Firm Parking Lot & Garage Spa & Massage Center Electrical Service

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

395
Businesses Nearby
43k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 54% Shops & Services 39% Beauty & Spa 6%
Dollar Tree Shops & Services
12,247 visits/mo 0.3 miles
Hardee's Dining
7,699 visits/mo 0.4 miles
Wings Etc. Dining
7,560 visits/mo 0.4 miles
The UPS Store Shops & Services
4,611 visits/mo 0.3 miles
Antonio's Pizza Dining
2,680 visits/mo 0.3 miles

Demographics for 45714, OH

10,149
Population
4,616
Households
2.2
Avg Household Size
46
Median Age
19%
College-Educated
93%
High-School Grad
35.8 sq mi
ZIP Area
283
Density / Sq Mi
$57,045
Median Household Income
$40,000
Median Earnings
$819
Median Rent
$158,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in Midwest region

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

What type of property is this?
Storefront property - Prime commercial opportunity with high visibility and redevelopment potential.
Where is this storefront property located?
The property is located at 2119 Washington Boulevard Belpre, OH.
What is the asking price?
The asking price for this property is $160,000.
What are key features of this property?
This property features: Prime location on Washington Boulevard, the main commercial corridor in Belpre, offering exceptional visibility and easy access.; Proven retail history as the former site of G and S Furniture, with a well‑known presence in the community.; High traffic volume due to Washington Blvd connecting Belpre to Parkersburg and surrounding areas.
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