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Two-Story Commercial Building
New
For Sale
$1,495,000

240 Third Ave, Gallipolis, OH 45631

Commercial Building, Gallipolis, OH

Property Size28,400 SF
Lot Size0.97 Acres
Price / SF$52.64
Days on Market2

Property Features for 240 Third Ave

General Information

Property type Residential
Property subtype Office
Zoning Commercial
Bathrooms 2
Full bathrooms 2
Rooms Bathroom 1, Bathroom 2
Interior features Accessibility Features, Flooring- Carpet, Flooring- Tile
Accessibility Accessible Approach with Ramp
Lot features Sprinkler System, Outdoor Lighting
Standard status Active
APN 00700600900,00700601
Size 28,400 SF
Lot size 0.97 Acres

Additional Details

Tenant in Place Yes

Taxes and HOA fees

Tax Annual Amount 9330

Utilities

Heating system Forced Air, Natural Gas
Cooling system Central Air

Building Details

Year built 1968
Roof type Flat
Buildings 1
Listing Agency: Wiseman Real Estate
Listed By: Joshua Bodimer · License #BRKP.2016000145
Added: Oct 29 Last Checked: Oct 30 at 8:06AM
MLS# 2435692

Copyright © 2026 Athens County Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Rey
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Investment Insights

Based on property information with market context.

This two-story commercial building contains 28,400 square feet on a 0.97-acre parcel. An established tenant has occupied the property for more than a decade. Building features include a first-floor sprinkler system, forced-air natural gas heating, central air conditioning, and ramp access. The roof is flat.

The site fronts both Third and Fourth Avenues in downtown Gallipolis, with approximately 34,000 square feet of paved parking. The Ohio River waterfront and historic business district are a few blocks away.

Recent work includes a 10-ton HVAC system installed in 2026, roof repairs in 2026, and parking lot resealing and restriping in 2024. The building was constructed in 1968 and is zoned Commercial.

Key Highlights

  • 28,400‑square‑foot, two‑story commercial building
  • 0.97‑acre, full city‑block site with frontage on Third and Fourth Avenues
  • Approximately 34,000 square feet of paved parking

Property Analytics

Who owns this building? See the owner, sales and loan history
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Current Use

1031 exchange properties

Suggested Use

Top Pick Nail Salon Auto Parts Store Big Box & Wholesale Store Dental Office Spa & Massage Center (Bike/Boat/Book/etc) 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

Yes
Sprinkler system

Location Intelligence

Trade Area within ½ mile

357
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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Frequently Asked Questions

What type of property is this?
1031 exchange property - An established occupant has operated at the property for more than a decade, with paved parking on a full city-block site.
Where is this 1031 exchange property located?
The property is located at 240 Third Ave Gallipolis, OH.
What is the asking price?
The asking price for this property is $1,495,000.
What are key features of this property?
This property features: 28,400‑square‑foot, two‑story commercial building; 0.97‑acre, full city‑block site with frontage on Third and Fourth Avenues; Approximately 34,000 square feet of paved parking
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