Lakefront Office
1027 Waterwheel Dr, Moneta, VA 24121
New
Two-story building with ground-level access on both floors and a private dock with four covered slips on the lake’s corridor.
Type:Office
Property size:
3,232 SFLot size:
0.64 AcresPrice / SF:
$361/SF- Added:
- Jun 2, 2026
- Days on Market:
- 2
- Last Refresh:
- Jun 3 at 2:57 am
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 agent Stephen Pendergrass, SIOR, CCIM (540) 520-3085
Listing office (540) 520-3085
Listing date Jun 2, 2026
Source Poecronk
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
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
- Ground‑level access to each floor of the building
- 14 parking spots (4.6/1,000)
- Zoning allows a multitude of uses, including short‑term rentals
Overview
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.
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.
Location Intelligence
Current Use by Public Records
Office buildings
Location Insight
- Map
- Local Demand
- City
- Moneta
- County
- Bedford
- State
- Virginia
- Longitude
- -79.6617826
- Latitude
- 37.1487726
Nearby Similar for Sale
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
