240 Third Ave
Commercial $ 1,495,000

240 Third Ave

Gallipolis, OH 45631

  • 2 Baths
  • 28,400 SqFt
  • 0.97 Lot Size
  • 1968 Year Built
A well-maintained, stabilized investment in the heart of downtown Gallipolis! Looking to deploy capital before year-end or complete a 1031 exchange? This ±28,400 SF two-story commercial building at 240 Third Avenue is anchored by an established tenant that has operated from the property for over a decade, providing an investor with income in place from day one.The building has been thoughtfully maintained and recently improved, including a new 10-ton HVAC system (2026), roof repairs (2026), a resealed and restriped parking lot (2024), and a first-floor sprinkler system. Quality, updated systems give an incoming owner added confidence in the long-term value of the asset. Set on a full city-block site with frontage on both Third and Fourth Avenues, the property offers approximately 34,000 SF of on-site paved parking, an uncommon amenity for a downtown building of this size. Located just blocks from the Ohio River waterfront and historic business district. A strong combination of condition, location, and stability in a growing river town.
Listed by Wiseman Real Estate

PROPERTY DETAIL

  • Key Details

    Property Type Commercial

    Sub Type Office Building, Investment Property (Rental)

    Listing Status Active

    Purchase Type For Sale

    Square Footage 28, 400 sqft

    Price per Sqft $52

    MLS Listing ID 2435692

    Year Built 1968

    Annual Tax Amount $9,330

    Lot Size 0.970 Acres

    Property Sub-Type Office Building, Investment Property (Rental)

  • Location

    State OH

    County Gallia

    Zoning Commercial

  • Building

    Foundation Concrete Block

    Structure Type Brick, Concrete Block

  • Interior

    Interior Features Accessibility Features, Flooring- Carpet, Flooring- Tile

    Heating Forced Air-Gas

    Cooling Central Air

  • Exterior

    Exterior Feature Sprinkler System, Outdoor Lighting

    Utilities Available Water: City/Public, Internet-Wireless, Natural Gas, Sewer: Municipal, Garbage Collection, Internet-Cable, Power: AEP

    Roof Type Flat

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CONTACT

Wiseman Real Estate
Wiseman Real Estate

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