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Union Hall, VA Commercial Real Estate for Sale

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Smith Mountain Lake Resort Opportunity
$4,999,000
26.15 Acres

Smith Mountain Lake Resort Opportunity

750 Penn Hall Rd, Union Hall, VA 24176

26+ acres with development plans and permits on Smith Mountain Lake.

  • 26.15 acres of contiguous private lakefront land with 658 feet of shoreline offering unparalleled scale and privacy on Smith Mountain Lake.
  • Special Use Permit secured, allowing operation as a resort with plans and permits in place for a wedding barn, clubhouse, and 40 villas.
  • Permitted dock partially completed with guaranteed contractor placement for Summer 2026 completion, including a 4‑slip dock (34x54) with storage and an uncovered 30x30 dock.
  • Full 2025 renovation of the historic mansion, combining historic character with modern luxury.
  • Rare lakefront privacy with no other residences within a mile.
Updated: Mar 5
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Lakefront Manor Estate For Sale
$4,999,000
8,218 SF

Lakefront Manor Estate For Sale

750 Penn Hall Rd, Union Hall, VA 24176

Entitled lakefront estate with commercial potential on 26+ acres.

  • Fully entitled for commercial resort use, including events, retreats, and destination programming.
  • Complete infrastructure and recent (2024) top‑to‑bottom renovation, including commercial kitchen, new septic system, commercial well, and extensive landscaping.
  • Extensive private lake frontage (650+ feet) on Smith Mountain Lake with approved 3,000+ sq ft dock (partially installed) and rip‑rapped shoreline.
  • Significant revenue potential supported by pro‑formas and third‑party valuation analysis indicating a stabilized value range of $45MM–$50MM.
  • Completely private 26+ acre estate setting with no neighboring density pressure.
Updated: Mar 7
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Based on your search, we've compiled 34 Potential Opportunities for your consideration. Besides 2 Active listings in Union Hall, VA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 28 Off-Market properties to explore as potential leads

Explore Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Lakefront Commercial Property with Dock
$1,169,500
1,616 SF

Lakefront Commercial Property with Dock

Lakefront commercial property with boat dock and multiple covered slips.

1027 Waterwheel Dr |, Moneta, VA 24121
View details
Prime Westlake Outparcel Opportunity
$1,200,000

Prime Westlake Outparcel Opportunity

1.05 acre commercial outparcel in Westlake district.

80 Westlake Rd, Hardy, VA 24101
View details
Westlake Area Commercial Land
$325,000
3.00 Acres

Westlake Area Commercial Land

Approximately 3-acre commercial land in the Westlake area.

120 Morewood Rd, Hardy, VA
View details
Lakefront Property with Dock Slips
$1,169,500
1,616 SF

Lakefront Property with Dock Slips

Lakefront commercial property with boat dock and covered slips.

1027 Waterwheel Dr, Moneta, VA 24121
View details

Explore Off-Market Properties in Union Hall, VA

Consider similar Off-Market properties in Union Hall, VA. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

3614 Novelty Rd

3614 Novelty Rd

VACANT COMMERCIAL LAND • 0.78 Acres
Value Estimation
$1,210,000
3614 Novelty Rd, Union Hall, VA 24176
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25 Southlake Dr

25 Southlake Dr

FINANCIAL BUILDING • 4,332 SF
Value Estimation by Request
25 Southlake Dr, Union Hall, VA 24176-4131
View details
11640 Old Franklin Tpke

11640 Old Franklin Tpke

WAREHOUSE, STORAGE • 3,092 SF
Value Estimation by Request
11640 Old Franklin Tpke, Union Hall, VA 24176-3700
View details
10660 Old Franklin Tpke

10660 Old Franklin Tpke

COMMERCIAL (GENERAL) • 8.07 Acres
Value Estimation by Request
10660 Old Franklin Tpke, Union Hall, VA 24176-3969
View details
11960 Old Franklin Tpke

11960 Old Franklin Tpke

RETAIL STORES (PERSONAL SERVICES) • 9,074 SF
Value Estimation by Request
11960 Old Franklin Tpke, Union Hall, VA 24176-3701
View details
Old Franklin

Old Franklin

VACANT COMMERCIAL LAND • 3.04 Acres
Value Estimation by Request
Old Franklin, Union Hall, VA 24176
View details
2000 Old Salem School Rd

2000 Old Salem School Rd

AUTO REPAIR, GARAGE • 3,680 SF
Value Estimation by Request
2000 Old Salem School Rd, Union Hall, VA 24176-4087
View details
2200 Old Salem School Rd

2200 Old Salem School Rd

CONVENIENCE STORE • 2,268 SF
Value Estimation by Request
2200 Old Salem School Rd, Union Hall, VA 24176-3915
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Old Franklin

Old Franklin

VACANT COMMERCIAL LAND • 2.72 Acres
Value Estimation by Request
Old Franklin, Union Hall, VA 24176
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11729 Old Franklin Tpke

11729 Old Franklin Tpke

RETAIL STORES (PERSONAL SERVICES) • 4,128 SF
Value Estimation
$515,000
11729 Old Franklin Tpke, Union Hall, VA 24176
View details
9825 Old Franklin Tpke

9825 Old Franklin Tpke

OFFICE BUILDING • 8,976 SF
Value Estimation
$1,070,000
9825 Old Franklin Tpke, Union Hall, VA 24176
View details
135 David Ln

135 David Ln

OFFICE BUILDING • 2,046 SF
Value Estimation by Request
135 David Ln, Union Hall, VA 24176-4218
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Southlake Dr

Southlake Dr

VACANT COMMERCIAL LAND • 1.11 Acres
Value Estimation by Request
Southlake Dr, Union Hall, VA 24176
View details
12657 Old Franklin Tpke

12657 Old Franklin Tpke

RETAIL STORES (PERSONAL SERVICES) • 9,100 SF
Value Estimation
$960,000
12657 Old Franklin Tpke, Union Hall, VA 24176-4171
View details
Clfs Dr

Clfs Dr

VACANT COMMERCIAL LAND • 2.07 Acres
Value Estimation by Request
Clfs Dr, Union Hall, VA 24176
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11760 Old Franklin Tpke

11760 Old Franklin Tpke

VACANT COMMERCIAL LAND • 13.64 Acres
Value Estimation by Request
11760 Old Franklin Tpke, Union Hall, VA 24176-3794
View details
11864 Old Franklin Tpke

11864 Old Franklin Tpke

VACANT COMMERCIAL LAND • 13.24 Acres
Value Estimation by Request
11864 Old Franklin Tpke, Union Hall, VA 24176
View details
11795 Old Franklin Tpke

11795 Old Franklin Tpke

OFFICE BUILDING • 3,075 SF
Value Estimation by Request
11795 Old Franklin Tpke, Union Hall, VA 24176-3718
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125 Kemp Frd Rd

125 Kemp Frd Rd

RETAIL STORES (PERSONAL SERVICES) • 2,608 SF
Value Estimation by Request
125 Kemp Frd Rd, Union Hall, VA 24176
View details
10345 Old Franklin Tpke

10345 Old Franklin Tpke

WAREHOUSE, STORAGE • 1.00 Acre
Value Estimation by Request
10345 Old Franklin Tpke, Union Hall, VA 24176-3961
View details
12125 Old Franklin Tpke

12125 Old Franklin Tpke

OFFICE BUILDING • 2,844 SF
Value Estimation by Request
12125 Old Franklin Tpke, Union Hall, VA 24176
View details
12094 Old Franklin Tpke

12094 Old Franklin Tpke

FINANCIAL BUILDING • 5,128 SF
Value Estimation by Request
12094 Old Franklin Tpke, Union Hall, VA 24176-4084
View details

Union Hall, VA Commercial Real Estate Investment Opportunities Market Analysis

Explore 30 commercial real estate for sale in Union Hall, VA on our real estate platform. These investment opportunities span a total of 8,218 square feet of properties for sale, with an estimated market value of $4,999,000.

Sale prices for business properties in Union Hall, VA start at $4,999,000, averaging $4,999,000, and reaching up to $4,999,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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