For Sale
$300,000

862 1St AveGallipolis, OH 45631

Riverfront Development Opportunity, 4,730 SF

Overview

Added:
Dec 11, 2024
Days on market:
115
This prime commercial property, located at 862 1/2 1st Avenue in Gallipolis, Ohio, presents a unique redevelopment opportunity. The 4,730 square foot lot, encompassing two parcels totaling approximately one-quarter acre, boasts a highly desirable corner location directly accessible to the Ohio River. Situated in the heart of Gallipolis' downtown business district, this property offers unparalleled visibility and accessibility from both 1st Avenue and 8th Street. Currently zoned commercial, the site's previous uses included a sign shop and multi-unit housing, both of which are now in need of demolition. This presents a blank canvas for a variety of development options, including restaurants, retail spaces, drive-thrus, office buildings, or multi-unit residential projects. The asking price is $300,000, translating to $63.42 per square foot. The property's riverfront location and central downtown position make it an exceptional investment with significant potential for future growth and high returns. The lot extends across 1st Avenue to the Ohio River, providing unique access and potential for waterfront features. This is a rare chance to acquire a substantial commercial property in a thriving Ohio River town. The property's size and location make it ideal for a variety of uses, catering to a wide range of potential investors and developers. Don't miss this chance to secure a piece of Gallipolis' vibrant downtown. The zip code is 45631.

Highlights

  • Prime Gallipolis, OH redevelopment opportunity: 4,730 SF lot (.25 acre) at 862 1/2 1st Avenue, zoned commercial.
  • Highly visible corner location in downtown Gallipolis, accessible from 1st Avenue and 8th Street, directly adjacent to the Ohio River.
  • $300,000 asking price ($63.42/SF).
  • Previous uses include sign shop and multi-unit housing; demolition required, offering a blank slate for various development options (restaurants, retail, drive-thrus, offices, multi-family).
  • Unique riverfront access and potential for waterfront features. Zip code 45631.

Property Details for 862 1St Ave

Property type
Specialty properties
Square Feet
4,730 SF

Location Insight

City
Gallipolis
County
Gallia
State
Ohio
Latitude
38.8140432
Longitude
-82.1947078
862 1St Ave, Gallipolis, Ohio

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862 1St Ave
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