$650,000
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38140 State Route 7 Newport, OH 45768
Mixed Use
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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.
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MLS#
5015342
Property Type
Mixed Use
Year Built
1975
Lot Size
2.3
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