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Key Details
Sold Price $4,000,000
Property Type Commercial
Sub Type Special Purpose
Listing Status Sold
Purchase Type For Sale
Square Footage 64,580 sqft
Price per Sqft $61
MLS Listing ID VAAY2000022
Year Built 1984
Annual Tax Amount $16,880
Tax Year 2024
Lot Size 8.650 Acres
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
Province VA
County Alleghany
Zoning B-1
Interior
Hot Water Multi-tank
Heating Heat Pump(s)
Cooling Heat Pump(s)
Exterior
Garage Spaces 30.0
Water Access 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
Acceptable Financing Cash
Listing Terms Cash
Special Listing Condition Auction
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Kory Prince
Owner/Director of Operations | -V61339
Owner/Director of Operations -V61339