Brick Industrial
New
For Sale
$60,000
109 E Oak Street, Covington, VA 24426
M-1 zoning and a warehouse, shop, and former commercial layout support consideration of several industrial uses, subject to approvals.
Property Size14,389 SF
Lot Size0.34 Acres
Price / SF$4.17
Days on Market4
Property Features for 109 E Oak Street
General Information
Standard status
Active
Size
14,389 SF
Lot size
0.34 Acres
Property subtype
Commercial Building
Zoning
M-1 Light Industrial
Property Condition
Severity
Major Repairs Needed
Evidence
The improvements are in severely distressed condition, with significant roof and structural deterioration.
Additional Details
Asking Price
$60,000
Highway Access
Yes
Amenities
Lot Size Square Feet: 14389
Sewer Type: Municipal
Percentage of Tax that is Deductable: 0
Sale, Sale Type: Foreclosure, Sale Type: Auction, Availability Date: 2026-11-19, Auction URL: https://bid.auctionsvirginia.com/ui/auctions/171600/26611689, Auction Start Time: 2026-10-26 10:00:00, Auction End Time: 2026-11-19 16:00:00
Built in 1910
Property Zone Type: 200, Above Area Square Feet: 14389
Water Source: Municipal
Construction Type: Masonry - Brick
Building Details
Year Built
1910
Construction
brick, masonry and concrete block
Listing Agency:
Double A Auction & Realty
(434) 294-6093
Listed By:
William Austin
(434) 686-7947
Source:
Doyle-realty
Added: Oct 26
Changed: Oct 29
Last Checked: Oct 28 at 3:58PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Double A Auction & Realty
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Investment Insights
Based on property information with market context.
Built primarily with brick, masonry, and concrete block, this approximately 14,389-square-foot industrial building dates to 1910 and occupies an approximately 0.34-acre parcel. Its layout includes warehouse, shop, and former commercial space. The property is in severely distressed condition, with substantial roof and structural deterioration; major stabilization, rehabilitation, or demolition should be anticipated. A city unsafe-structure or condemnation notice is reportedly associated with the property.
The site is zoned M-1 Light Industrial and is near downtown Covington and Interstate 64. Warehouse or storage use, a contractor facility, workshop, maker space, light manufacturing, or another reuse concept may be considered subject to zoning, building-code, and governmental approvals. The property is offered as-is, where-is, with all faults.
The site is zoned M-1 Light Industrial and is near downtown Covington and Interstate 64. Warehouse or storage use, a contractor facility, workshop, maker space, light manufacturing, or another reuse concept may be considered subject to zoning, building-code, and governmental approvals. The property is offered as-is, where-is, with all faults.
Key Highlights
- 14,389 square feet on an approximately 0.34‑acre parcel
- M‑1 Light Industrial zoning
- Built in 1910, primarily of brick, masonry, and concrete block
Property Analytics
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Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
545
Businesses Nearby
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Business Placement
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
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Market
Vacancy Rate% for Industrial in South region
Frequently Asked Questions
What type of property is this?
Industrial property - M-1 zoning and a warehouse, shop, and former commercial layout support consideration of several industrial uses, subject to approvals.
Where is this industrial property located?
The property is located at 109 E Oak Street Covington, VA.
What is the asking price?
The asking price for this property is $60,000.
What are key features of this property?
This property features: 14,389 square feet on an approximately 0.34‑acre parcel; M‑1 Light Industrial zoning; Built in 1910, primarily of brick, masonry, and concrete block
