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Mixed-Use Building with Apartment
New
For Sale
$375,000

4029 Gallia Street, Portsmouth, OH 45662

Commercial Sale, Portsmouth, OH

Property Size6,702 SF
Lot Size0.29 Acres
Price / SF$55.95
Days on Market1

Property Features for 4029 Gallia Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning Commercial 499
Parking features Offsite
Subdivision New Boston
Standard status Active
APN 28-1319.000
Size 6,702 SF
Lot size 0.29 Acres

Taxes and HOA fees

Tax Description Map 9 Block 2 lot 2-3-4
Tax Annual Amount 1858
Legal Description Map 9 Block 2 lot 2-3-4

Utilities

Sewer type Public Sewer
Heating system Natural Gas
Cooling system Central Air
Water source Public

Building Details

Year built 1923
Flooring type Concrete, Wood
Roof type Metal, Flat, Rubber
Listing Agency: Brush Realty
Listed By: Opal Mustain
Added: Oct 17 Last Checked: Oct 17 at 6:06PM
MLS# 155948

Copyright © 2026 Greater Portsmouth Area Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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Investment Insights

Based on property information with market context.

At 4029 Gallia Street in Portsmouth, this 6,702-square-foot mixed-use property currently serves as a church. The interior includes a sanctuary, four classrooms, a nursery, two restrooms, storage, two offices, and a sound room. A lower-level dining hall connects to a full kitchen with appliances; the basement is arranged as a gym, though its equipment will not remain. The second floor contains a three-bedroom, one-bath apartment with an open kitchen, dining, and living area, plus appliances. Heating is provided by four furnaces, with three AC units for cooling.

The parcel measures 0.292 acres and is zoned Commercial 499. The roof includes metal and flat sections; the flat roof leaks and requires replacement. Public water and sewer serve the property.

Key Highlights

  • 6,702‑square‑foot building on a 0.292‑acre parcel
  • Church layout includes a sanctuary, 4 classrooms, nursery, offices, storage, and sound room
  • Second‑floor apartment has 3 bedrooms, 1 bath, and an open kitchen, dining, and living area

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$22,435
Cap Rate
5.98%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$448,700 $448.7K
Cap Rate 7%
$320,500 $320.5K
Cap Rate 9%
$249,278 $249.3K
Market Conditions
NOI Build-Up for 6,702 SF
Gross rent
$39.3K $5.86/SF
− Vacancy
−$3.4K −$0.50/SF
EGI
$35.9K $5.36/SF
− OpEx
−$13.5K −$2.01/SF
NOI
$22.4K $3.35/SF
Area
Scioto County, OH
Vacancy
8.60%
Lease Rate
$5.86 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$448,700
Cap Rate 7%
$320,500
Cap Rate 9%
$249,278

Alternative Uses

Best Use
Mixed Use
$320.5K
$280.4K – $373.9K (±1% cap)
NOI $22,435 @ 7.0% cap · market cap 5.98%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.43M
$1.25M – $1.66M (±1% cap)
NOI $99,836 @ 7.0% cap · market cap 26.62%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Victorious Life Christian ... Church

Suggested Use

Top Pick Real Estate Agency Dental Office Electrical Service Grocery & Convenience Store HVAC Service Storage Facility

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

1
Residential units

Location Intelligence

Trade Area within ½ mile

270
Businesses Nearby

Demographics for 45662, OH

27,718
Population
12,955
Households
2.1
Avg Household Size
39
Median Age
17%
College-Educated
87%
High-School Grad
55.5 sq mi
ZIP Area
499
Density / Sq Mi
$37,345
Median Household Income
$30,399
Median Earnings
$756
Median Rent
$98,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Frequently Asked Questions

What type of property is this?
Mixed-use property - Church facilities and a second-floor residence create distinct community and residential areas.
Where is this mixed-use property located?
The property is located at 4029 Gallia Street Portsmouth, OH.
What is the asking price?
The asking price for this property is $375,000.
What are key features of this property?
This property features: 6,702‑square‑foot building on a 0.292‑acre parcel; Church layout includes a sanctuary, 4 classrooms, nursery, offices, storage, and sound room; Second‑floor apartment has 3 bedrooms, 1 bath, and an open kitchen, dining, and living area
More about this property
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