38140 State Route 7, Newport, OH

Others for Sale - $599,000 - 2.3 acres


Agent Info

Traci Fickiesen
CENTURY 21 Full Service Realty

Property Info

CIMLS#1195803
Location
  38140 State Route 7
  Newport OH 45768
UpdatedAugust 27th, 2026
TypeOthers
Price$599,000
Land2.3 acres

Property Description

Ohio River Frontage & Excellent Investment Opportunity! This property offers incredible potential with approximately 6,000 vehicles passing by daily. The property includes the former Newport IGA building, featuring 10,780 GFA, a partial second floor with office space, and a new roof installed in November 2015. The possibilities are endless for the main building. Also included is a 1,020 GFA building currently leased to the Newport Post Office, with HVAC installed in 2019. The Post Office has entered into a new 5-year lease with the new owner. The property also includes a campground with 36 full-hookup sites. Currently, sites rent for $600 per month, with 10–20 sites typically rented during the summer and several year-round sites already booked. The current owner pays property taxes and insurance, including flood insurance, with the Post Office reimbursing its portion of the taxes. With Ohio River frontage, established rental income, commercial space, and multiple opportunities for future growth, this is a unique investment opportunity with tremendous potential!


Financials


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