862 1St AveGallipolis, OH 45631

Property Details for 862 1St Ave

Year built

1957

Lot size

0.11 AC

Property size (Sq ft)

896 SF

Property type

Commercial real estate

APN

702401500

APU

702401500

Description

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.

• Alternative Use

  Use

  Valuation

  Residential

  $178,521

  Hospitality

  $163,524

  Educational

  $136,050

  Medical

  $140,729

  Retail

  $211,634

Location Insight

City

Gallipolis

County

Gallia

State

Ohio

Latitude

38.8141

Longitude

-82.1948

CBSA code

38580

CBSA name

POINT PLEASANT, WV-OH MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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