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Four-Unit Restaurant Property
For Sale
$895,000

1100 Celebration Ave, Moneta, VA 24121

Commercial Sale, Moneta, VA

Property SizeContact for details
Days on Market94

Property Features for 1100 Celebration Ave

General Information

Property type Commercial Sale
Property subtype Other
Zoning PD-1
Directions From HFB: 122N 4 miles on R.
Subdivision 0600 - Bedford County
Standard status Active
APN 210-9-201-204

Taxes and HOA fees

Tax Description Celebration Square Units 201-204
Tax Annual Amount 4055
Legal Description Celebration Square Units 201-204

Utilities

Sewer type Public Sewer
Heating system Heat Pump (Heating)
Cooling system Electric
Water source Public

Building Details

Year built 2008
Flooring type Vinyl, Concrete
Building materials Brick, Stucco
Listing Agency: LYONS TEAM, REALTORS(R)
Listed By: JODY LYONS · License #0225058838
Added: Jun 30 Changed: Sep 13 Last Checked: Oct 1 at 10:06PM
MLS# 928962

Copyright © 2026 Roanoke Valley Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This four-unit restaurant property at 1100 Celebration Ave includes furnished commercial condominium spaces configured for steak and seafood service, diner operations, ice cream sales, and pizza service. The largest unit measures 5,461 square feet and includes booth and table seating, a bar, private room, outdoor seating, a spacious kitchen, and walk-in cooler. Additional units measure 1,070 square feet, 516 square feet, and 764 square feet, with features including table, booth, counter, and dining areas, commercial kitchens, a walk-in freezer, pizza ovens, and a commercial hood.

The property is located in Downtown Moneta, a Smith Mountain Lake community, and is served by public water and public sewer. Built in 2008, the improvements feature brick and stucco construction, vinyl and concrete flooring, heat-pump heating, and electric cooling. PD-1 zoning is in place. The spaces can continue in their current restaurant formats or be adapted for retail or other restaurant uses.

Key Highlights

  • Four furnished restaurant commercial condos in Downtown Moneta
  • Unit 201 includes 5,461 sq. ft., outdoor seating, private room, bar, and walk‑in cooler
  • Unit 202 provides 1,070 sq. ft. with table seating and a commercial kitchen

Property Analytics

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Current Use

Conventional restaurants

Suggested Use

Top Pick Auto Repair Shop Auto Parts Store Bakery Dental Office (Bike/Boat/Book/etc) Store Big Box & Wholesale Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy
Yes
Commercial hood

Location Intelligence

Trade Area within ½ mile

125
Businesses Nearby
587
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 100%
Fisher Auto Parts Shops & Services
587 visits/mo 0.5 miles

Demographics for 24121, VA

10,537
Population
7,407
Households
1.4
Avg Household Size
56
Median Age
33%
College-Educated
93%
High-School Grad
91.8 sq mi
ZIP Area
115
Density / Sq Mi
$88,024
Median Household Income
$46,663
Median Earnings
$1,227
Median Rent
$353,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Restaurant - Furnished restaurant spaces offer established layouts, commercial kitchens, and flexibility for continued food service or retail use.
Where is this restaurant located?
The property is located at 1100 Celebration Ave Moneta, VA.
What is the asking price?
The asking price for this property is $895,000.
What are key features of this property?
This property features: Four furnished restaurant commercial condos in Downtown Moneta; Unit 201 includes 5,461 sq. ft., outdoor seating, private room, bar, and walk‑in cooler; Unit 202 provides 1,070 sq. ft. with table seating and a commercial kitchen
More about this property
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