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Versatile Lakefront Commercial Building

Waterfront Duplex on Smith Mountain Lake

Listing Contacts

Active

Asking Price: $1,279,000
Address 

1027 Waterwheel Dr, Moneta, VA 24121

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Date Added
Oct 4, 2023
Days on Market
534 days
Time Since Last Update
72 days

Details

Property TypeOffice
SubtypeExecutive Office
ClassB
Square Footage1,616
Price/Sq Ft$791.46
Year Built1985
Buildings1
Stories2
ZoningPCD
Lot Size (acres)0.64
Parking (spaces)14
APN232 6 1

Marketing Description

1027 Waterwheel Drive offers an opportunity to own a lakefront property on Smith Mountain Lake's major commercial corridor.​ The property measures 0.64 acres with a 3,232 SF two story building.​ 1027 Waterwheel includes a boat dock with 4 covered dock slips – a significant value-add for a commercial lake property.​ The building features ground level access on each of its two floors with 14 parking spots (4.6/1,000).​ The property's zoning allows for a multitude of uses including short-term rentals.​

The property’s location, just off Rt 122 Booker T Washington/Moneta Rd at the Hales Ford Bridge, allows access to Bedford County and Franklin County, as well as boat access to the main channel of Smith Mountain Lake.​ Nearby amenities include views of Smith Mountain Lake, the surrounding mountains, as well as nearby grocery, retail, and restaurants.​

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Due Diligence

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