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$ 60,000
Est. payment | /mo
14,389 SqFt
$ 60,000
Est. payment | /mo
14,389 SqFt
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 14,389 sqft
Price per Sqft $4
MLS Listing ID 2628916
HOA Y/N No
Year Built 1910
Lot Size 0.340 Acres
Acres 0.34
Property Description
This property will be offered by live/simulcast auction conducted by Double A Auction & Realty on Thursday, November 19, 2026, at 11:00 a.m. Eastern. The listing price is the opening bid and does not represent the property's market value or anticipated selling price. The sellers will not entertain pre-auction offers.
Former Nehi bottling plant located at 109 E. Oak Street in Covington. The property contains approximately 14,389 square feet of industrial, warehouse, shop and former commercial space on one approximately 0.34-acre parcel zoned M-1 Light Industrial. The brick, masonry and concrete-block facility dates to approximately 1910 and may offer potential for storage, a contractor facility, workshop, light manufacturing or adaptive redevelopment, subject to zoning, building-code and governmental approval.
The improvements are in severely distressed condition, with significant roof and structural deterioration. Major stabilization, rehabilitation or demolition should be anticipated. Seller reports that the property is subject to a City unsafe-structure or condemnation notice. Prospective bidders must inspect the property, review all available documents and independently investigate structural, environmental, zoning, permitting and municipal requirements.
First Open house Thursday, October 29, 2026, at 10:00 a.m. Additional inspections may be arranged by appointment for registered bidders. Property sells as-is, where-is, with all faults. A 10% buyer's premium will be added to the high bid. Successful bidder must provide a $5,000 nonrefundable deposit and close within 45 days. Financing may be used, but the contract will not be contingent upon financing, appraisal, inspection or any other buyer contingency.
Former Nehi bottling plant located at 109 E. Oak Street in Covington. The property contains approximately 14,389 square feet of industrial, warehouse, shop and former commercial space on one approximately 0.34-acre parcel zoned M-1 Light Industrial. The brick, masonry and concrete-block facility dates to approximately 1910 and may offer potential for storage, a contractor facility, workshop, light manufacturing or adaptive redevelopment, subject to zoning, building-code and governmental approval.
The improvements are in severely distressed condition, with significant roof and structural deterioration. Major stabilization, rehabilitation or demolition should be anticipated. Seller reports that the property is subject to a City unsafe-structure or condemnation notice. Prospective bidders must inspect the property, review all available documents and independently investigate structural, environmental, zoning, permitting and municipal requirements.
First Open house Thursday, October 29, 2026, at 10:00 a.m. Additional inspections may be arranged by appointment for registered bidders. Property sells as-is, where-is, with all faults. A 10% buyer's premium will be added to the high bid. Successful bidder must provide a $5,000 nonrefundable deposit and close within 45 days. Financing may be used, but the contract will not be contingent upon financing, appraisal, inspection or any other buyer contingency.
Location
State VA
County Covington
Area 336 - Covington
Interior
Heating None
Exterior
Roof Type Flat,Other
Topography Level
Building
Lot Description Level
Building Description Brick, No Elevators
Story 2
Sewer Public Sewer
Water Public
Level or Stories Two
Structure Type Brick
Others
Tax ID 014-01-0023-00003
Ownership Owner-User
Listed by Double A Auction & Realty
Nearby Locations
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