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    Covington, VA Restaurants for Sale

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    Low Moor, VA Clifton Forge, VA Eagle Rock, VA
    Downtown Covington Commercial Landmark
    $399,900
    6,470 SF
    Downtown Covington Commercial Landmark

    201 N Court Ave, Covington, VA 24426

    Remodeled 6,400 sq ft commercial space with endless possibilities.
    • Remodeled 6,400 sq ft landmark building in downtown Covington.
    • Versatile space suitable for restaurant, office, apartment, or brewery.
    • New 20‑year warranty roof and new gutters.
    • Commercial kitchen space ready for immediate use with working hood, instant gas hot water, and new water line.
    • One‑bedroom apartment with separate entrance for extra income (new plumbing, electric, gas furnace).
    Updated: Dec 10, 2025
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    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
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    Based on your search, we've compiled 22 Potential Opportunities for your consideration. Besides 2 Active listings in Covington, VA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 12 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

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

    Turn-Key Restaurant & Event Venue
    $925,000
    7,400 SF
    Turn-Key Restaurant & Event Venue

    Restaurant, bar, catering, and event venue in growing area.

    106 Stoney Battery Rd, Troutville, VA 24175

    View details
    Turnkey Fine Dining Restaurant
    $925,000
    2,200 SF
    Turnkey Fine Dining Restaurant

    Award-winning restaurant with loyal clientele in downtown Lewisburg, WV.

    290 Lafayette St, Lewisburg, WV 24901

    View details
    Pad-Ready Site Near Interstate
    $650,000
    Pad-Ready Site Near Interstate

    1.5 acre pad-ready site with easy utility access.

    3221 Lee Highway |, Troutville, VA 24175

    View details
    Lewisburg Commercial Steel Building Opportunity
    $2,625,000
    30,925 SF
    Lewisburg Commercial Steel Building Opportunity

    30,925 SF commercial building on 6.9 acres in Lewisburg.

    157 Maple Carriage Dr, Lewisburg, WV 24901

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Large Acreage Near I-81
    $3,500,000
    129.00 Acres
    Large Acreage Near I-81

    130+ acres near I-81 with high visibility and accessibility.

    N Lee 11 Highway, Lexington, VA 24450

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    Commercial Lot Near Lowe's Store
    $211,300
    2.12 Acres
    Commercial Lot Near Lowe's Store

    Commercial land for sale near a busy corridor.

    4252 Summit St, Roanoke, VA 24018

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    Vacant Land on E Main
    $150,000
    1.48 Acres
    Vacant Land on E Main

    Vacant commercial land with city utilities available in Bedford.

    E Main Street, Bedford, VA 24523

    View details
    Moneta, VA Commercial Land
    $150,000
    2.21 Acres
    Moneta, VA Commercial Land

    Commercial property in a growing community with many potential uses.

    Altice Rd, Moneta, VA 24121

    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
    3,720 SF Lot: 3.82 Acres

    415 Thacker Ave, Covington, VA 24426-2267

    View details
    232 Riverside St
    RESTAURANT
    2,670 SF Lot: 0.29 Acres
    Value Estimation by Request

    232 Riverside St, Covington, VA 24426-1217

    View details
    904 Monroe Ave
    RESTAURANT
    3,204 SF Lot: 0.24 Acres
    Value Estimation by Request

    904 Monroe Ave, Covington, VA 24426-2032

    View details
    401 Monroe Ave
    RESTAURANT
    800 SF
    Value Estimation by Request

    401 Monroe Ave, Covington, VA 24426-1637

    View details
    819 Monroe Ave
    RESTAURANT
    1,360 SF Lot: 0.24 Acres
    Value Estimation by Request

    819 Monroe Ave, Covington, VA 24426-2029

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    214 Main St
    RESTAURANT
    7,872 SF Lot: 0.15 Acres
    Value Estimation by Request

    214 Main St, Covington, VA 24426-1543

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    566 Madison St
    RESTAURANT
    5,986 SF Lot: 0.50 Acres
    Value Estimation by Request

    566 Madison St, Covington, VA 24426-2133

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    1128 Highland Ave
    RESTAURANT
    2,275 SF Lot: 0.47 Acres
    Value Estimation by Request

    1128 Highland Ave, Covington, VA 24426-2023

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    1312 Craig Ave
    RESTAURANT
    1,860 SF Lot: 0.49 Acres
    Value Estimation by Request

    1312 Craig Ave, Covington, VA 24426-2261

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    810 Craig Ave
    RESTAURANT
    2,544 SF Lot: 1.02 Acres
    Value Estimation by Request

    810 Craig Ave, Covington, VA 24426-1927

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    1310 Craig Ave
    RESTAURANT
    2,909 SF Lot: 0.50 Acres
    Value Estimation by Request

    1310 Craig Ave, Covington, VA 24426-2252

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    1122 Alleghany Ave
    RESTAURANT
    3,158 SF Lot: 1.20 Acres
    Value Estimation by Request

    1122 Alleghany Ave, Covington, VA 24426-2008

    View details

    Covington, VA Restaurants Market Trends and Statistics

    Explore 14 restaurants for sale in Covington, VA on our real estate platform. These investment opportunities span a total of 10,190 square feet of properties for sale, with an estimated market value of $1,149,900.

    Sale prices for restaurant properties in Covington, VA start at $399,900, averaging $574,950, 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 $575K

    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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