109 E Oak Street 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.