38780 State Route 7 Newport, OH 45768
- Retail properties
- 2,160 SF
- 1.00 lot acres
Current Use by Public Records
- Retail properties
Property Details for 38780 State Route 7
- Year built
- 2008
- Lot size
- 1.00 lot acres
- Property size
- 2,160 SF
- Property type
- Retail properties
Description
This exceptional commercial property in Newport, OH, presents a unique investment opportunity encompassing multiple buildings on a one-acre lot. The main structure is a two-story, 1,936 square foot retail building featuring a workshop, bathroom, and a second-floor meeting room boasting large windows, natural light, and attractive hardwood floors. A walk-in cooler is also included. Attached to this is a 2,160 square foot garage with a 9'x9' overhead door, a bathroom, a 15'x14' lobby, and two additional offices (11'x15' and 10'x11'). A separate, 2,976 square foot single-story retail building offers significant expansion potential, easily adaptable for a different business due to its independent entrance. Further enhancing the property's versatility is a six-bay, 1,200 square foot storage building situated on a concrete pad. Outdoor amenities include a covered area suitable for a variety of uses (currently housing tables and a greenhouse needing roof repair), presenting possibilities for a flower shop, farmers market, or similar venture. The property also benefits from a large, 7,980 square foot unmarked parking lot conveniently located adjacent to the St. Mary's bridge exit, ensuring high visibility and accessibility. All existing merchandise, business name, display cases, and fixtures are included in the sale. This property offers a rare blend of established space and significant development potential.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Newport
- County
- Washington
- State
- Ohio
- Longitude
- -81.2178
- Latitude
- 39.39
