About This Home

This 0-bedroom, 2-bathroom commercial at 240 Third Ave in Gallipolis, OH is listed for $1,495,000 ($53 per sqft). Built in 1968, the home offers 28,400 sqft of living space on a 0.97 acres lot.

Key Features

  • Built in 1968
  • 0.97 acre lot

Property Details

2 full
1968

Amenities

A/C
Listing Description

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 plac

e 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.

Monthly Cost Estimate

$7,996/mo

20% down · 6.5% · 30 years

Principal$1,081
Interest$6,478
Insurance$436

Estimates only. Actual payments may vary.

Location

240 Third Ave

Gallipolis, OH 45631

Features & Amenities

Interior Features

Accessibility Features, Flooring- Carpet, Flooring- Tile

Property Details

Heating

Forced AirNatural Gas

Cooling

Central Air

Questions & Answers

This 0-bedroom, 2-bathroom commercial at 240 Third Ave is listed at $1,495,000 ($53/sqft). The estimated monthly payment is $7,996 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1968, 0.97 acre lot. Interior Features: Accessibility Features, Flooring- Carpet, Flooring- Tile.

This property is listed by Joshua Bodimer.

JB

Joshua Bodimer

License BRKP.2016000145

Agent at Wiseman Real Estate Inc.

Listed by Wiseman Real Estate Inc. · Broker phone: (740) 446-3644 · Broker website

MLS# 2435692· Source: Athens County Board of Realtors· 1 day on PropertySimple

Copyright © 2026 Athens County Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

240 Third Ave, Gallipolis, OH 45631

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