For sale
$349,500
Industrial property
22,154 SF building0.27 acres lot
$16/SF (asking price ÷ building area)
115 E 2nd AveFranklin, VA 23851
Listing courtesy of Christine Hill · MyStateMLS #12038170
For saleAuctionVirtual tour
Auctionsee terms
Auction listing: the list price is not an asking price.
14,389 SF building0.33 acre lotBuilt 1910
109 E. Oak StreetCovington, VA 24426
Industrial property (from the listing description) · Warehouse, Manufacturing · MLS 12042236 · Listed 9 days ago (Oct 26, 2026)
Active: Listed and available according to the MyStateMLS feed.
About this property
ONLINE AUCTION - FORMER NEHI BOTTLING PLANT Bidding begins at $60,000 and closes Thursday, November 19, 2026, at 11:00 a.m. Eastern. The list price is the opening bid. Located at 109 E. Oak Street in Covington, this distinctive former Nehi bottling plant offers approximately 14,389 square feet of industrial, warehouse, shop and former commercial space on one approximately 0.34-acre parcel. The property is zoned M-1 Light Industrial and is conveniently situated near downtown Covington and Interstate 64. Constructed primarily of brick, masonry and concrete block, the facility dates to approximately 1910 and retains the character of an early industrial building. Its configuration and M-1 zoning may offer potential for warehouse or storage use, a contractor facility, workshop, maker space, light manufacturing or another adaptive-reuse or redevelopment concept, 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. The property is reportedly subject to a City unsafe-structure or condemnation notice. Prospective bidders must review the available documents, inspect the property and independently investigate all structural, environmental, zoning, permitting and municipal requirements before bidding. The property will be sold as-is, where-is, with all faults. Private inspections may be arranged by appointment for registered bidders. Auction terms include a 10% buyer's premium, a $5,000 nonrefundable deposit and closing within 45 days. Financing may be used, but the purchase contract will not be contingent upon financing, appraisal, inspection or any other buyer contingency.
Description provided by the listing brokerage.
Key facts
- Auction pricing
- Auction · see terms
- Status
- For sale
- Property type
- IndustrialFrom the listing description
- Building area
- 14,389 SFSource field LivingArea
- Land area
- 0.33 acresSource field LotSizeSquareFeet
- Year built
- 1910
- MLS number
- 12042236
Facts are reported by the listing brokerage. Items not listed were not provided; that does not mean the property lacks them or that they are zero.
Price
- List price (not an asking price)
- $60,000 as listed
Auction terms, reserves and buyer premiums are set by the seller and auctioneer. Confirm every term with the listing agent before bidding.
Auction details
- Bidding opens (as listed)
- 2026-10-26 06:00:00
- Bidding closes (as listed)
- 2026-11-19 11:00:00
- Online only
- No
Building and site
- Reported zoning
- CommercialAs reported by the listing. Confirm permitted uses for your plans with the local zoning authority.
- County
- Covington city
Reported features
- Public water (from a listing field)
A mention is not a specification. Confirm power, clear height, doors, parking and code compliance for your use with the listing representative and your own advisers.
Listing details
Water
- Public (Water Source)
Sewer
- Other
Virtual tours and video
Location
The pin is the listing's reported coordinates and may be approximate. It is not a parcel boundary or survey and says nothing about access rights, easements or flood zones. See more listings in Covington or industrial property in Covington.
Why this listing is on Commercial Only
- The listing carries auction terms; its list price is not an asking price. (AuctionURL_C: Auction)
- Property type as the listing describes it. (description: "…ately 14,389 square feet of industrial, warehouse, shop and former commercial space on on…")
- MLS property class detail. (PropertyTypeDetail: comm-building)
How listings qualify. Something wrong? Report it.
Price and status history
Changes observed by Commercial Only in MyStateMLS data since Nov 3, 2026. This is not a public-record sales or lease history.
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Guides
Listing courtesy of Double A Auction & Realty. Listing agent: William Austin. Listings provided by MyStateMLS.
Listing last modified at the source Nov 2, 2026, 10:30 PM UTC. Commercial Only last confirmed MyStateMLS data Nov 4, 2026, 3:01 AM UTC. Information is deemed reliable but not guaranteed; verify all details with the listing representative.