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Commercial Retail Space in Gallipolis

348 2nd Ave, Gallipolis, OH 45631

For Sale
$299,000

Commercial retail space in a high-traffic area with income potential.

Property Size20,000 SF
Lot Size0.34 Acres
Price / SF$14.95
Days on Market568

Property Features for 348 2nd Ave

General Information

Standard status Active
Size 20,000 SF
Lot size 0.34 Acres
Listing Agency: Berkshire Hathaway HomeServices Professional Realty
Listed By: Abigail Wood
Source: Exprealty
Added: Apr 21, 2025 Changed: Oct 26 Last Checked: Nov 8 at 9:30AM

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 Berkshire Hathaway HomeServices Professional Realty

Rey
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Investment Insights

Based on property information with market context.

Located at 348 2nd Ave in Gallipolis, OH, this commercial retail space, known as the "GC Murphy" building, offers an opportunity to own property in the highly desirable 300 block of Second Avenue. The building features 11,270 square feet on the first floor, with a total of over 20,000 square feet throughout the building, creating various possibilities. The surrounding area includes established businesses such as Courtside Bar and Grille, Dollar General, and OVB on the Square, contributing to consistent activity in the area. Its proximity to the city park ensures increased foot traffic during the many park events held throughout the year. The ground floor is currently rented, and the two additional floors offer income-producing potential through renovations.

Key Highlights

  • Highly desirable location on the 300 block of Second Avenue.
  • Large commercial retail space with over 20,000 square feet total.
  • High foot traffic potential due to proximity to the city park and surrounding businesses.

Property Analytics

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Current Use

Retail space

Suggested Use

Top Pick Nail Salon Electrical Service Auto Parts Store Dental Office (Bike/Boat/Book/etc) Store Hair Salon

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

390
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

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?
Retail space - Commercial retail space in a high-traffic area with income potential.
Where is this retail space located?
The property is located at 348 2nd Ave Gallipolis, OH.
What is the asking price?
The asking price for this property is $299,000.
What are key features of this property?
This property features: Highly desirable location on the 300 block of Second Avenue.; Large commercial retail space with over 20,000 square feet total.; High foot traffic potential due to proximity to the city park and surrounding businesses.
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