Stabilized Downtown Investment | Long-Term Tenant | ±14,200 SF Expansion Upside. Rare opportunity to acquire a well-maintained, income-producing commercial building in the heart of downtown Gallipolis, Ohio. This ±28,400 SF two-story property (±14,200 SF per floor) is anchored by a long-standing tenant that has operated from this location for more than a decade, delivering an investor immediate, stabilized cash flow from day one. The current lease runs through 2029, with two additional renewal options extending occupancy through 2035. The tenant reimburses 54% of real estate taxes and covers all utilities plus interior and parking-lot maintenance — a lease structure designed to keep landlord responsibilities light. Recent capital investment adds further peace of mind: a new 10-ton HVAC system (2026), roof repairs (2026), a resealed and restriped parking lot (2024), and a first-floor sprinkler system. Beyond the in-place income, the second floor offers nearly 14,200 SF of open, steel-framed shell space — a rare blank canvas in downtown Gallipolis for an investor to lease up for additional income, convert to owner-use, or hold for future expansion. Situated on a full city-block site with frontage on both Third and Fourth Avenues, the property offers approximately 34,000 SF of on-site paved parking — an uncommon amenity for a downtown asset of this size — and sits just blocks from the Ohio River waterfront and Gallipolis' historic business district. Whether you're seeking a stabilized, low-management investment or looking to add value through a second-floor build-out, this is a compelling opportunity in a growing river town. Contact the listing broker today for more details and to schedule a tour.