3.032+/- Acre Alleghany County, VA in 1 Tract Online Only Auction

3.032+/- Acre Alleghany County, VA in 1 Tract Online Only Auction

Bidding begins to close on March 18^th at 3:00pm ET

Property located at 4200 Potts Creek Road - Covington, VA, 24426

To see more pictures click the BID NOW link

Entire Farm Description:

Nestled along scenic Potts Creek on 3.032± acres, the Castile Market, a beloved local landmark and business that perfectly blends country charm with opportunity. 

The 2,720 ± square-foot building serves as both a restaurant and country store, known throughout the area for its good old-fashioned country cooking, friendly atmosphere, and small-town hospitality. 

With excellent frontage along Route 18 and additional creek frontage, this high-visibility location draws both locals and travelers exploring the Alleghany Highlands. Each morning, neighbors gather over biscuits and gravy and a hot cup of coffee to catch up and share stories. At lunchtime, the place fills with customers stopping in for daily specials or what many call the best hamburger around. 

The country store stocks convenience items as well as locally made goods and products from regional vendors, showcasing the spirit of the community. All restaurant and store equipment is conveyed, making this a true turnkey opportunity ready for the next owner to step in and continue the success. (A complete equipment list is provided in the photos.) 

Behind the market, the owners have thoughtfully created an inviting outdoor gathering space featuring a covered stage with electricity—an ideal spot for local musicians to perform while guests relax and enjoy the views. This open field, framed by the sound of Potts Creek and sweeping mountain vistas, offers tremendous potential for expansion—such as adding tiny cabins or RV hookups for overnight guests seeking a peaceful stay in the mountains. 

Located just minutes from thousands of acres of the George Washington and Jefferson National Forests, the property provides easy access to fishing, hunting, hiking, and countless outdoor adventures. Whether you’re looking to operate a successful business, expand into a destination venue, or simply continue a cherished local tradition, Castile Market offers endless possibilities in one of Virginia’s most picturesque settings. The business recently closed and is seeking a new owner to bring it back to life.

Equipment / Furniture / Fixtures (that convey):

• Stove - Propane, 6 Burner, Double Oven w/ Grill
• Fryer - 2 basket Propane
• Cabinet Warmer
• Sink-Three Compartment
• Sink- Hand Wash
• Automatic Towel Dispenser
• Stainless Steel Work Table
• Microwave
Milkshake Mixer
• Toaster
• Refrigerated Prep Station
• Electronic Kitchen Timer x 2
• Standard Refrigerator
• Pizza Oven x 2
• Kitchen Rack
Misc Kitchen Utensils, Pots, Pans, Plates, Cups, Glasses, Ete
• Standup Freezer x 4
• Convertible Refrigerator/Freezer x 2
• Chest Freezer x 2
• Small Display Refrigerator
• Beer Display Refrigerator
• Scott Ice Nugget Machine
• Coffee Station Cabinet
• Bunn Coffee Maker
• Tea Urns
• Cup/Lid Dispenser
• Cream/Sugar Dispensers
• Window Signs - Open/Coffee/ATM
• Display Cabinets x 3
• Tables / Chairs
• Mop Sink
• Storage Shelving
• Gondola Shelving / Misc Merch Racks
• 2-Door Display Beer Coolers
• Milk Cooler
• Upright Display Freezer
• Check out Counter
• Night Owl Camera System
• TV
• Office Shed
• Well Shed
• Water Softener System
• 16'x40' Covered Stage
• Propane Generac Generator
• Outside Table / Chairs
• Dumpster
• Waste Oil Tank

Equipment owned by vendors that will not convey:

• Hershey Bunker and Stand Up Freezers
• Pepsi Display Coolers
• Coca-Cola Display Coolers
• Rapid Xchange Cabinet
• Hometown Ice Freezer

Taxes:  $784.00

Lease Status:  No leases

Possession:  Immediate possession 

Survey Needed?:  No survey needed

Brief Legal:  4200 Potts Creek Rd, Covington, VA, 24426

PIDs:  07100-00-000-039A

Lat/Lon:  37.7106, -80.0671

Zip Code: 24426

Terms of Sale

• Bidders may participate in the auction online at Ranchandfarmauctions.com
• If the winning bid is online, you will be immediately contacted to make arrangements for the 10% down payment and a purchase contract will be sent via DocuSign
• High bidder has 30 days to close unless otherwise noted
• Announcements on auction day will take precedence over any prior announcements
• This is a no contingency sale and is not subject to financing or additional inspections
• Possession at closing, subject to tenant’s rights, if any
• If a survey is needed it will be done following the auction and the total purchase price will be adjusted to the surveyed acres
• All information provided is derived from sources believed correct but is not guaranteed or warranted - Bidders shall rely entirely on their own information and judgments

Sale Day Notes Info:

• BUYERS PREMIUM: 5%
• TAXES: Prorated to date of close
• MINERALS: Seller-owned rights will convey
• CLOSING COSTS: Buyer pays typical buyer costs/seller pays their costs

Licensing

Ranch & Farm Auctions LLC, Lic 2908001095, Phone # 217.285.9000

115 West Washington, Pittsfield, IL 62363

Joe Gizdic, Director, Ranch & Farm Auctions, LLC, 217.299.0332

Bryan Thompson, VA Land Specialist for Whitetail Properties Real Estate, LLC, 540.691.7749