Back to Search
Lakefront Office Building

1027 Waterwheel Dr Moneta, VA 24121

1027 Waterwheel Dr, Moneta, VA, 24121
$1,169,500
For Sale
$1,169,500

Two-story building with ground-level access on both floors and a private dock with four covered slips on the lake’s corridor.

Property Size3,232 SF
Lot Size0.64 Acres
Price / SF$361.85
Days on Market49

Property Features for 1027 Waterwheel Dr

General Information

Standard status
Active
Size
3,232 SF
Lot size
0.64 Acres
Property subtype
Office

Building Details

Year Built
1985
Listing Agency
Listed by Stephen Pendergrass, SIOR, CCIM
Source Poecronk
Added: Jun 2 Checked: Jul 19 at 3:53 am

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Stephen Pendergrass, SIOR, CCIM


Investment Insights

Based on property information with market context.

1027 Waterwheel Drive presents a lakefront, two-story commercial building designed for practical access and flexible operations. The property includes 3,232 SF of space with ground-level entry on each of its two floors, which can support a range of tenant layouts or internal use strategies. Parking is available for 14 vehicles, helping serve employees, guests, and customers. A standout feature is the attached boat dock with four covered dock slips, adding meaningful utility to a commercial lake setting.

The building sits on Smith Mountain Lake’s major commercial corridor, positioned for visibility and convenient access associated with that traffic pattern. The property is lakefront and offers a cohesive setup for businesses that benefit from both water access and shoreline proximity. Zoning also allows a multitude of uses, including short-term rentals, which broadens potential buyer or operator interest.

With ground-level access to both floors, this asset can appeal to buyers seeking adaptable space for office-oriented uses or hospitality-style programs supported by the zoning. The dock amenity further supports concepts that rely on direct lake access, making it a compelling option for investors and operators evaluating a commercial lake property with tangible, on-site value.

Key Highlights

  • Lakefront 0.64‑acre property on Smith Mountain Lake’s major commercial corridor
  • 3,232 SF two‑story building built in 1985
  • Boat dock with 4 covered dock slips included

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Office buildings

Suggested Use

Grocery & Convenience Store Hair Salon Bakery Storage Facility Grocery & Convenience Store Spa & Massage Center Gym & Fitness Center (Bike/Boat/Book/etc) Store Law Firm Food Market

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Office building - Two-story building with ground-level access on both floors and a private dock with four covered slips on the lake’s corridor.
Where is this office building located?
The property is located at 1027 Waterwheel Dr Moneta, VA.
What is the asking price?
The asking price for this property is $1,169,500.
What are key features of this property?
This property features: Lakefront 0.64‑acre property on Smith Mountain Lake’s major commercial corridor; 3,232 SF two‑story building built in 1985; Boat dock with 4 covered dock slips included
Contact an agent
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message