203 INTERSTATE DR Open House

Covington,VA 24426

$ 3900000

- Bed

- Bath

64580 SqFt


OPEN HOUSE

Wed May 21, 1:00pm - 4:00pm 

Key Details

Property Type Commercial

Sub Type Special Purpose

Listing Status Active

Purchase Type For Sale

Square Footage 64,580 sqft

Price per Sqft $60

MLS Listing ID VAAY2000022

Originating Board BRIGHT

Year Built 1984

Annual Tax Amount $16,880

Tax Year 2024

Lot Size 8.650 Acres

Acres 8.65

Property Sub-Type Special Purpose

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)

Inclusions Some Personal Property

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

SqFt Source Estimated

Acceptable Financing Cash

Listing Terms Cash

Financing Cash

Special Listing Condition Auction

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