$650,000
38140 State Route 7 Newport, OH 45768
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$650,000
Est. payment /mo
2.3 Acres Lot
Active
38140 State Route 7 Newport, OH 45768
UPDATED:
09/30/2024 05:36 PM
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID 5015342
HOA Y/N No
Year Built 1975
Annual Tax Amount $2,812
Tax Year 2023
Lot Size 2.300 Acres
Acres 2.3
Property Description
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.
Location
State OH
County Washington
Interior
Heating Forced Air
Cooling Central Air
Fireplace No
Exterior
Garage Parking Lot
Waterfront Yes
Water Access Desc Public
Present Use Mixed Use,Other,Recreational
Parking Type Parking Lot
Building
Sewer Public Sewer
Water Public
Schools
School District Frontier Lsd - 8403
Others
Tax ID 2800-48424-000
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Listed by Traci D Strahler Chichester • Advantage Real Estate • 740-374-7325 nancyadvantage@yahoo.com
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