VA > Covington
Covington, VA 24426,203 INTERSTATE DR
Covington, VA 24426,203 INTERSTATE DR
Covington, VA 24426,203 INTERSTATE DR
15
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$4,000,000
$3,900,000 2.6%
Est. payment /mo
8.65 Acres Lot
Sold on 07/07/2025

203 INTERSTATE DR Covington, VA 24426

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Perfect Nest Real Estate Group
Perfect Nest Real Estate Group

Your Northern Virginia Real Estate Team

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UPDATED:

Key Details

Sold Price $4,000,000

Property Type Commercial

Sub Type Special Purpose

Listing Status Sold

Purchase Type For Sale

MLS Listing ID VAAY2000022

Sold Date 07/07/25

Year Built 1984

Annual Tax Amount $16,880

Tax Year 2024

Lot Size 8.650 Acres

Acres 8.65

Property Sub-Type Special Purpose

Source BRIGHT

Property Description

Live & Online Auction held at the property Thursday, May 29 at Noon. Property will be sold at auction, agents will be onsite for property previews on 5/14 & 5/21 from 1PM-4PM. List price required by MLS, but not reflective of the reserve price & is only the recommended starting bid & non-reflective of value. Located just off Interstate 64 in Covington, VA this is a rare offering of an over 64,000 square-foot Memory Care/Assisted Living Facility that has been recently renovated. The property features over 8 acres of land offering room for future expansion (Recently Surveyed), 76 total rooms (35 designated for memory care, 41 for assisted living), a fully equipped commercial kitchen, a fitness center, an entertainment room, & multiple offices. There is a strong need for facilities such as this one, don't miss the opportunity to make this investment!

Location

State VA

County Alleghany

Zoning B-1

Interior

Hot Water Multi-tank

Heating Heat Pump(s)

Cooling Heat Pump(s)

Heat Source Electric

Exterior

Garage Spaces 30.0

Water Access N

Accessibility Other

Total Parking Spaces 30

Garage N

Building

Sewer Public Sewer

Water Public

New Construction N

Schools

Elementary Schools Mountain View

Middle Schools Clifton

High Schools Alleghany

School District Alleghany County Public Schools

Others

Tax ID NO TAX RECORD

Ownership Fee Simple

Acceptable Financing Cash

Listing Terms Cash

Financing Cash

Special Listing Condition Auction

Bright MLS (BMLS)

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Perfect Nest Real Estate Group

Perfect Nest Real Estate Group

Your Northern Virginia Real Estate Team

Name
Phone*
Message

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203 INTERSTATE DR