Commercial Real Estate for Sale at 38140 State Route 7 in Newport, OH for $650,000

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38140 State Route 7 | Newport

$650,000 | 0.0 Sq. Ft.

Ohio River Frontage - Property includes the building that once was the Newport IGA and a back building currently leased by the Newport Post Office and Harris Trailer Court. Building GFA is 10,780, post office GFA 1020. Main building has a new roof November 2015. Lots of potential in this space that also offers a partial 2nd floor with office space - think antique mall, 2nd hand store, etc. Post office is up for renewal and wishes to sign a new 5 year lease with new owner, HVAC 2019 in post office portion. Current owner pays for insurance including flood and taxes. Post office reimburses for portion of taxes. Campground offers full hook up, 36 sites that rent currently for $600.00 per month. Average site rental in the summer is 10 to 20. Currently has year round sites booked. 6000 cars pass thru here daily. Great investment opportunity, first time offered on the market. MLSNow 5015342

Directions to property: From the intersection of Acme and State Route 7, go approximately 14.4 miles to property on right. Located across the street from the Par Mar gas station in Newport.

MLS Listing ID: 
MLSNow 5015342
Listing Category: 
Purchase
Listing Status
Status of the Listing.
Listing Status: 
Active
Listing Status (Local): 
Active
Listing Pricing
Pricing information for this listing.
List Price: 
$650,000
Basic Property Information
Fields containing basic information about the property.
Property Type: 
Commercial
Property Sub Type: 
Mixed Use
Primary Market Area: 
Newport
Address: 
38140 State Route 7, Newport, OH 45768
County: 
Washington
Latitude: 
39.3883167
Longitude: 
-81.2290959
Directions: 
From the intersection of Acme and State Route 7, go approximately 14.4 miles to property on right. Located across the street from the Par Mar gas station in Newport.
Public Remarks: 
Ohio River Frontage - Property includes the building that once was the Newport IGA and a back building currently leased by the Newport Post Office and Harris Trailer Court. Building GFA is 10,780, post office GFA 1020. Main building has a new roof November 2015. Lots of potential in this space that also offers a partial 2nd floor with office space - think antique mall, 2nd hand store, etc. Post office is up for renewal and wishes to sign a new 5 year lease with new owner, HVAC 2019 in post office portion. Current owner pays for insurance including flood and taxes. Post office reimburses for portion of taxes. Campground offers full hook up, 36 sites that rent currently for $600.00 per month. Average site rental in the summer is 10 to 20. Currently has year round sites booked. 6000 cars pass thru here daily. Great investment opportunity, first time offered on the market.
Community Information
School District: 
Frontier LSD - 8403
Building Details
Details about the building on a property.
Year Built: 
1975
Living Area: 
0.0
Room Details
Details about the rooms in the building.
Total Bedrooms: 
0
Total Bathrooms: 
0
Total Full-Bathrooms: 
0
Total Half-Bathrooms: 
0
Total One-Quarter-Bathrooms: 
0
Total Three-Quarter-Bathrooms: 
0
Utilities
Information about utilities available on the property.
Heating System: 
Forced Air
Cooling System: 
Central Air
Water Source: 
Public
Sewer: 
Public Sewer
Lot/Land Details
Details about the lots and land features included on the property.
Acres: 
2.3
Lot Size (Area): 
2.3
Lot Features
Parking Type: 
Parking Lot
Public Record
Parcel Number: 
2800-48424-000
Annual Tax: 
$2,812.00
Contract Details
Details about the listing contract.
Possession: 
Delivery Of Deed
Disclosures: 
Principal is Real Estate Licensed
Listing Participants
Participants (agents, offices, etc.) in the transaction.
Listing Agent Name: 
Traci D Strahler Chichest
Listing Office Name: 
Advantage Real Estate

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