1541 Oh-7 Gallipolis, OH 45631
- Mixed-use properties
- 4,992 SF
- 2.77 lot acres
Current Use by Public Records
- Mixed-use properties
Property Details for 1541 Oh-7
- Lot size
- 2.77 lot acres
- Property size
- 4,992 SF
- Property type
- Mixed-use properties
- Property subtype
- Land
Description
This exceptional mixed-use property in Gallipolis, Ohio, presents a compelling investment opportunity. Located on State Route 7, just 1.5 miles north of the Silver Memorial Bridge and SR 35, this 2.77-acre parcel boasts 287 feet of road frontage, ensuring high visibility and accessibility. The property includes a 4,992 square foot commercial building, previously a thriving truck accessories and auto glass business, offering versatile potential for various uses. Adding to its appeal are two existing rental homes, each generating $700 per month in rental income, with long-term tenants covering all utilities. The commercial building comprises 2,176 square feet, while the rental homes measure 1,856 and 960 square feet respectively. Its proximity to power plants (4 miles) and Nucor Steel (17 miles) in West Virginia makes it ideal for industrial or business ventures. The flat land also presents opportunities for multi-family development. The asking price is $499,900. The property is zoned for commercial use. This property offers a unique blend of commercial space and established rental income, making it an attractive investment with significant upside 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
- Gallipolis
- County
- Gallia
- State
- Ohio
- Longitude
- -82.1449
- Latitude
- 38.8586
