Restaurant Building with
For Sale
$650,000
415 Thacker Ave, Covington, VA 24426
Commercial/Industry, Covington, VA
Property Size3,720 SF
Price / SF$174.73
Days on Market871
Property Features for 415 Thacker Ave
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
Commercial
Zoning description
Commercial
Bathrooms
1
Half bathrooms
2
Rooms
Bathroom 1, Bathroom 2
Exterior features
Furniture Fixed Inv, Inside Storage, Outside Storage, Restroom - Public
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.
Subdivision
Alleghany
Standard status
Active
APN
27---A-----5B
Size
3,720 SF
Taxes and HOA fees
Tax Description
Covington Industrial Park; 4.98 Ac; 1.161 Ac (trf); 3.819 Ac (remaining)
Legal Description
Covington Industrial Park; 4.98 Ac; 1.161 Ac (trf); 3.819 Ac (remaining)
Utilities
Sewer type
Public Sewer
Heating system
Natural Gas, Heat Pump (Heating)
Cooling system
Central Air, Heat Pump
Water source
Public
Building Details
Year built
2006
Flooring type
Tile
Building materials
Brick Veneer, Synthetic Stucco
Roof type
Flat
Additional Structures
Storage
Listing Agency:
Sterling Prop & Management LLC
(540) 462-3770
Listed By:
JOHN CZEKNER JR
(540) 841-1426
Added: Apr 26, 2024
Changed: Sep 13
Last Checked: Sep 13 at 11:06AM
MLS# 138424
Copyright © 2026 Rockbridge Highlands Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Built in 2006, this 3,720-square-foot restaurant property at 415 Thacker Ave includes a commercial kitchen with appliances, dining furnishings, a waiting area, and a dedicated bar with soda dispenser and bar stools. Indoor and outdoor storage areas, public restrooms, and a spacious parking lot are also part of the offering. The building was formerly operated as an Applebee's franchise and is located in Covington's industrial park.
Construction includes brick veneer and synthetic stucco, with tile flooring throughout. Building systems include central air, heat pump heating and cooling, and natural gas heating. Public water and public sewer serve the property. The flat-roof building provides an established restaurant layout with existing fixed furniture, including tables, chairs, and booths.
Construction includes brick veneer and synthetic stucco, with tile flooring throughout. Building systems include central air, heat pump heating and cooling, and natural gas heating. Public water and public sewer serve the property. The flat-roof building provides an established restaurant layout with existing fixed furniture, including tables, chairs, and booths.
Key Highlights
- 3,720‑square‑foot restaurant building constructed in 2006
- Former Applebee's franchise location in Covington's industrial park
- Commercial kitchen appliances, tables, chairs, booths, and bar furnishings included
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
137
Businesses Nearby
66k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Superstores 53%
Shops & Services 31%
Apparel 9%
Groceries 5%
Walmart
Superstores
35,247 visits/mo
0.3 miles
Dollar Tree
Shops & Services
10,001 visits/mo
0.2 miles
Exxon
Shops & Services
6,263 visits/mo
0.4 miles
Cato
Apparel
4,460 visits/mo
0.2 miles
BP
Shops & Services
4,160 visits/mo
0.4 miles
Demographics for 24426, VA
13,695
Population
7,249
Households
1.9
Avg Household Size
47
Median Age
13%
College-Educated
91%
High-School Grad
363.7 sq mi
ZIP Area
38
Density / Sq Mi
$51,841
Median Household Income
$34,937
Median Earnings
$808
Median Rent
$113,600
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Conventional restaurant - Existing kitchen, dining, bar, storage, and public restroom areas support restaurant operations.
Where is this conventional restaurant located?
The property is located at 415 Thacker Ave Covington, VA.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: 3,720‑square‑foot restaurant building constructed in 2006; Former Applebee's franchise location in Covington's industrial park; Commercial kitchen appliances, tables, chairs, booths, and bar furnishings included
