Restaurants

Covington, VA Restaurants for Sale

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Hot Springs, VA Low Moor, VA Eagle Rock, VA Clifton Forge, VA White Sulphur Springs, WV Caldwell, WV Lewisburg, WV Warm Springs, VA
Remodeled Mixed-Use Property
Updated: Dec 10, 2025
Remodeled Mixed-Use Property

201 N Court Ave, Covington, VA 24426

$399,900
6,470 sqft
6,470 square feet of property size
One‑bedroom apartment with separate Court Ave. entrance
Commercial kitchen with operating hood and instant gas hot water
New roof with a 20‑year warranty and new gutters
New plumbing, new 150‑amp electrical service, and new water line from the street
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1 active listing matches your search: Restaurant for sale in Covington, VA. Based on your search, we've also compiled 16 Potential Opportunities for your consideration: 4 properties in nearby cities and 12 off-market properties to explore as potential leads.

Opportunities in Nearby Cities

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

Equipped Conventional Restaurant Property
Equipped Conventional Restaurant Property

14683 Church St, Eagle Rock, VA 24085

$260,000
1.41 AC lot

Former restaurant with existing equipment, public utilities, and commercial-residential use potential.

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Former Restaurant on High-Traffic Site
Former Restaurant on High-Traffic Site

2775 Lee Highway |, Troutville, VA 24175

$1,295,000
5,396 sqft

Former restaurant with redevelopment potential on a high-traffic site.

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Restaurant and Event Venue
Restaurant and Event Venue

106 Stoney Battery Rd, Troutville, VA 24175

$925,000
1.24 AC lot

B2-Town property with commercial kitchen, dining areas, bars, and event space.

View details
Equipped Restaurant Property
Equipped Restaurant Property

14638 Church Street, Eagle Rock, VA 24085

Contact for pricing
1.41 AC lot

Former dining facility with retained restaurant equipment and zoning that supports commercial and residential uses.

View details

Off-Market Properties in Covington, VA

Consider similar Off-Market properties in Covington, VA. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

415 Thacker Ave
RESTAURANT

415 Thacker Ave, Covington, VA 24426-2267

Estimated value:
$300,000
3,720 sqft 3.82 AC lot
View details
232 Riverside St
RESTAURANT

232 Riverside St, Covington, VA 24426-1217

Estimated value:
$250,000
2,670 sqft 0.29 AC lot
View details
904 Monroe Ave
RESTAURANT

904 Monroe Ave, Covington, VA 24426-2032

Estimated value:
$215,000
3,204 sqft 0.24 AC lot
View details
401 Monroe Ave
RESTAURANT

401 Monroe Ave, Covington, VA 24426-1637

Estimated value:
$235,000
800 sqft
View details
819 Monroe Ave
RESTAURANT

819 Monroe Ave, Covington, VA 24426-2029

Estimated value:
$225,000
1,360 sqft 0.24 AC lot
View details
214 Main St
RESTAURANT

214 Main St, Covington, VA 24426-1543

Estimated value:
$210,000
7,872 sqft 0.15 AC lot
View details
566 Madison St
RESTAURANT

566 Madison St, Covington, VA 24426-2133

Estimated value:
$260,000
5,986 sqft 0.50 AC lot
View details
1128 Highland Ave
RESTAURANT

1128 Highland Ave, Covington, VA 24426-2023

Estimated value:
$250,000
2,275 sqft 0.47 AC lot
View details
1312 Craig Ave
RESTAURANT

1312 Craig Ave, Covington, VA 24426-2261

Estimated value:
$195,000
1,860 sqft 0.49 AC lot
View details
810 Craig Ave
RESTAURANT

810 Craig Ave, Covington, VA 24426-1927

Estimated value:
$225,000
2,544 sqft 1.02 AC lot
View details
1310 Craig Ave
RESTAURANT

1310 Craig Ave, Covington, VA 24426-2252

Estimated value:
$230,000
2,909 sqft 0.50 AC lot
View details
1122 Alleghany Ave
RESTAURANT

1122 Alleghany Ave, Covington, VA 24426-2008

Estimated value:
$240,000
3,158 sqft 1.20 AC lot
View details

Covington, VA Restaurants Market Trends and Statistics

Explore 13 restaurants for sale in Covington, VA on our real estate platform. These investment opportunities span a total of 6,470 square feet of properties for sale, with an estimated market value of $399,900.

Sale prices for restaurant properties in Covington, VA average $399,900 — 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

Commercial kitchens 2
Conventional restaurants 2

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 $399.9K

Taxes & Financing

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

Total CRE Inventory on Market (SF)

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