commercial

415 Thacker Ave, Covington Va 24426
  • $900,000
  • MLS #:138424


Square Ft:
  • 3,720 finished
  • 0.00 unfinished
Neighborhood:
  • None

Property Type: commercial
Area: Alleghany
Year Built: 2006
Exterior: Brick Veneer,Dryvit
Roof: Flat
Land Description: Commercial Park, Corner Lot, Level
Utilities: Electric, Gas, Public Water
Cooling: Central, Heat Pump
Heating: Gas, Heat Pump(s)
Water: Public Water
Sewer: Public Sewer
Floors: Tile
Basement: Slab
Features: Furniture Fixed Inv, Inside Storage, Outside Storage, Restroom - Public
Tax Year: 0
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.
Covenants: No Deed Restrictions, No Restrict Covenant
Deed Book: 160001307
Easements: Unknown
Flood Zone: 100 - 500 Year
Historic: No
Plat: No
Road Maintenance Agreement: No
Road Maintenance Amount: 0.00
Road Frontage: Paved Road, Public Road
Tax Map #: 27---A-----5B
Tax Rate: .85
Zoning: Commercial
Business Type: Food Service
Commercial Features: 31+ Parking Spcs, 440 Volts, Ceiling Height 8-16, Delivery Door, Exhaust Fans, Office Space, Paved Parking
Included in Sale: Comm Bldg/Land
Office SQFT: 0
Retail SQFT: 3720
Warehouse SQFT: 0
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!

Updated: 4/26/24
Courtesy of
Sterling Prop & Management LLC

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