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    Covington, VA Conventional Restaurants for Sale

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    Low Moor, VA Clifton Forge, VA Iron Gate, VA
    Restaurant Building in Covington, VA
    $750,000
    3,720 SF
    Restaurant Building in Covington, VA

    415 Thacker Ave, Covington, VA 24426

    3,720 SF restaurant building with complete kitchen and furniture.
    • Offered at $400,000 below assessed value.
    • Turnkey restaurant opportunity with complete set of kitchen appliances, tables, chairs, and booths included.
    • Spacious 3,720 square foot commercial building.
    • Prime location in Covington's industrial park.
    • Includes a spacious parking lot.
    Updated: Apr 26, 2024
    View details
    Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Covington, VA, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Restaurant Opportunity in Historic Downtown
    $385,000
    5,104 SF
    Restaurant Opportunity in Historic Downtown

    Turnkey restaurant in Bedford, VA with equipment included.

    124 S Bridge Street, Bedford, VA 24523

    View details
    Restaurant Opportunity in Historic Bedford
    $385,000
    0.08 Acres
    Restaurant Opportunity in Historic Bedford

    Turnkey restaurant with equipment in historic downtown Bedford, Virginia.

    124 S Bridge St, Bedford, VA 24523

    View details
    Restaurant Building on Corner Lot
    $850,000
    1,836 SF
    Restaurant Building on Corner Lot

    Fully equipped restaurant in excellent condition on a corner lot.

    674 Teresa Lane, Roanoke, VA 24019

    View details
    Iconic Roadhouse Restaurant For Sale
    $1,575,000
    3,912 SF
    Iconic Roadhouse Restaurant For Sale

    Historic roadhouse restaurant with established reputation for food and music.

    2902 Brambleton Ave SW, Roanoke, VA 24015

    View details

    Covington, VA Conventional Restaurants Investment Opportunities Market Analysis

    Explore 1 conventional restaurants for sale in Covington, VA on our real estate platform. These investment opportunities span a total of 3,720 square feet of properties for sale, with an estimated market value of $750,000.

    Sale prices for conventional restaurants in Covington, VA start at $750,000, averaging $750,000, and reaching up to $750,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Conventional restaurants 1

    Demographics Overview

    Population 14K
    Population Growth (5Y) +0.2%
    Median Household Income $51,841
    College Educated 18.2%

    High-Yield Neighborhoods for Investment

    Identify Covington submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    24426 $750K

    Taxes & Financing

    Tax Rate (average for all types) 0.85%
    Property Tax per SF $5.55 per SF
    Average Loan-to-Value 65.0%

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