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Ohio Valley Bank Office Complex 87 Olive St 11,988 SF 100% Leased Office Building Gallipolis, OH 45631 $525,000 ($43.79/SF)

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INVESTMENT HIGHLIGHTS

  • Excellent condition and can be purchased furnished with attached parking garage or space for warehouse or fleet maintenance.

EXECUTIVE SUMMARY

Make your corporate headquarters in Southern Ohio or Appalachia!! Easy access to US 35 and Ohio State Route 7. This exceptionally well-maintained office building is worth your consideration. The property features over 5,000 square feet of office and conference space, along with a covered parking area of over 6,500 square feet that accommodates 10 parking spaces. The parking garage offers flexibility and could be converted into warehouse or light manufacturing space. The building includes multiple conference rooms, private offices, break rooms with kitchenettes, and a fenced outdoor parking area. It is also equipped with a fire suppression system and a key card entry system, providing security and peace of mind. This property offers numerous possibilities for various business needs.

PROPERTY FACTS

Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Medical
Building Size
11,988 SF
Building Class
B
Year Built
1978
Price
$525,000
Price Per SF
$43.79
Percent Leased
100%
Building Height
1 Story
Typical Floor Size
11,988 SF
Building FAR
0.54
Lot Size
0.51 AC
Parking
6 Spaces (0.5 Spaces per 1,000 SF Leased)

MAJOR TENANTS

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE END
  • Ohio Valley Bank
  • Administrative and Support Services
  • -
  • -
  • -
TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE END
Ohio Valley Bank Administrative and Support Services - - -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
007-026-018-00
Land Assessment
$37,490
Improvements Assessment
$79,210
Total Assessment
$116,700
  • Listing ID: 37539659

  • Date on Market: 1/4/2023

  • Last Updated:

  • Address: 87 Olive St, Gallipolis, OH 45631

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