415 Thacker Ave Covington, VA 24426
Estimated payment $4,934/month
Highlights
- No HOA
- Central Air
- Heat Pump System
- Brick Veneer
About This Home
Discover unparalleled value with this 3,720 square foot commercial restaurant building, formerly operated as an Applebee's franchise. Situated in Covington's industrial park and boasting a spacious parking lot, this property is offered at a remarkable $400,000 below assessed value. The turnkey advantage includes a complete set of kitchen appliances, indoor and out door storage, and all restaurant tables, chairs, and booths. There is also a waiting area and a bar area with a soda dispenser and bar stools. This is the perfect opportunity for aspiring restaurateurs or savvy investors. Don't miss out on this prime location and incredible value proposition. Contact us today to seize this opportunity!
Property Details
Property Type
- Other
Year Built
- Built in 2006
Home Design
- 3,720 Sq Ft Home
- Flat Roof Shape
- Brick Veneer
- Slab Foundation
Utilities
- Central Air
- Heat Pump System
- Gas Available
- Electric Water Heater
- Cable TV Available
Additional Features
- 2 Bathrooms
- Property is zoned Commercial, Commercial
Community Details
- No Home Owners Association
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $11,206 | $1,318,300 | $650,800 | $667,500 |
| 2024 | $11,206 | $1,318,300 | $650,800 | $667,500 |
| 2023 | $11,206 | $1,318,300 | $650,800 | $667,500 |
| 2022 | $10,777 | $1,267,900 | $650,800 | $617,100 |
| 2021 | $10,777 | $1,267,900 | $650,800 | $617,100 |
| 2020 | $10,143 | $1,267,900 | $650,800 | $617,100 |
| 2019 | $10,143 | $1,267,900 | $650,800 | $617,100 |
| 2018 | $10,143 | $0 | $0 | $0 |
| 2017 | $9,636 | $0 | $0 | $0 |
| 2016 | -- | $1,267,900 | $0 | $0 |
| 2015 | -- | $0 | $0 | $0 |
| 2014 | -- | $0 | $0 | $0 |
| 2013 | -- | $0 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/30/2026 04/30/26 | For Sale | $750,000 | -16.7% | $202 / Sq Ft |
| 03/18/2025 03/18/25 | Off Market | $900,000 | -- | -- |
| 02/13/2025 02/13/25 | Pending | -- | -- | -- |
| 04/26/2024 04/26/24 | For Sale | $900,000 | -- | $242 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $1,344,013 | -- |
Source: Rockbridge Highlands REALTORS®
MLS Number: 138424
APN: 027-0A-0000-0005B
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Ask me questions while you tour the home.