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Brick Industrial Building
New
For Sale
$60,000

109 E Oak Street, Covington, VA 24426

Commercial Sale, Covington, VA

Property Size14,389 SF
Lot Size0.33 Acres
Price / SF$4.17
Days on Market2

Property Features for 109 E Oak Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning description Commercial
Standard status Active
APN 14-1-23-3
Size 14,389 SF
Lot size 0.33 Acres

Utilities

Water source Public

Building Details

Year built 1910
Listing Agency: Double A Auction & Realty
Listed By: William Austin
Added: Oct 26 Last Checked: Oct 27 at 7:06PM
MLS# 12042236

Copyright © 2026 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Rey
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Investment Insights

Based on property information with market context.

This approximately 14,389-square-foot industrial property occupies a 0.3303-acre parcel in Covington. Built in 1910, the building uses brick, masonry, and concrete block construction and includes industrial, warehouse, shop, and former commercial areas. M-1 Light Industrial zoning applies. The structure has 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 at 109 E Oak Street, near downtown Covington and Interstate 64. Public water is listed for the property.

Key Highlights

  • Approximately 14,389 square feet on a 0.3303‑acre parcel
  • M‑1 Light Industrial zoning
  • Built in 1910 with brick, masonry, and concrete block construction

Property Analytics

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Current Use

Manufacturing properties

Suggested Use

Top Pick Dental Office Parking Lot & Garage Electrical Service Skin Care Clinic Real Estate Agency Bakery

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

545
Businesses Nearby

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
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Market

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025

Frequently Asked Questions

What type of property is this?
Manufacturing property - The property combines industrial, storage, workshop, and former commercial areas within one structure.
Where is this manufacturing 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: Approximately 14,389 square feet on a 0.3303‑acre parcel; M‑1 Light Industrial zoning; Built in 1910 with brick, masonry, and concrete block construction
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