Improved Commercial Land for Sale in Covington, Virginia
415 Thacker Ave Covington, VA 24426
Discover unparalleled value with this 3,720 square foot commercial restaurant building, formerly operated as an Applebee's franchise. Situated in Covington's industrial park and boasting a spacious parking lot, this property is offered at a remarkable $400,000 below assessed value. The turnkey advantage includes a complete set of kitchen appliances, indoor and out door storage, and all restaurant tables, chairs, and booths. There is also a waiting area and a bar area with a soda dispenser and bar stools. This is the perfect opportunity for aspiring restaurateurs or savvy investors. Don't miss out on this prime location and incredible value proposition. Contact us today to seize this opportunity!
Directions
From Lexington: Proceed out of town on US 11 North and merge on to I64 West. Proceed 42 miles and take exit 14 on to Route 154. Turn right on to South Durant Road and then left on to Thacker Ave. Make a right turn into the parking lot.
Property details
- County
- Alleghany County
- Community
- Alleghany
- Zoning
- Commercial
- Elevation
- 1,224 feet
- MLS Number
- LBVRAR 138424
- Date Listed
Legal description
Covington Industrial Park; 4.98 Ac; 1.161 Ac (trf); 3.819 Ac (remaining)
Detailed attributes
Listing
- Type
- Commercial
Structure
- Materials
- Brick Veneer
- Cooling
- Central A/C, Heat Pumps
- Heating
- Heat Pump, Natural Gas
Interior
- Rooms
- Half Bath x 2
- Floors
- Tile
- Features
- Spa
Property utilities
| Category | Type | Status | Description |
|---|---|---|---|
| Gas | Natural Gas | Connected | — |
Listing history
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| Apr 27, 2024 | New listing | $900,000 | — | LBVRAR |