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Four-Food Storefront Restaurant Condos
For Sale
$895,000

1100 CELEBRATION AVENUE SUITES 201-204, Moneta, VA 24121

Four furnished restaurant retail storefronts offered as-is, ready for immediate use or conversion to other dining or retail setups.

Property Size7,811 SF
Price / SF$114.58
Days on Market105

Property Features for 1100 CELEBRATION AVENUE SUITES 201-204

General Information

Standard status Active
Size 7,811 SF
Property subtype Commercial

Additional Details

Business Included Yes

Building Details

Year Built 2008
Listing Agency: Lyons Team Realtors
Listed By: Polly L. Lyons
Source: Cummingsrealtors
Added: May 10 Changed: Aug 22 Last Checked: Aug 22 at 4:25AM

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 Lyons Team Realtors

Investment Insights

Based on property information with market context.

This offering includes four furnished restaurant/retail storefront commercial condo units in Downtown Moneta, VA, comprising Suites 201 through 204. The properties are presented ready to operate as-is, with unit configurations suited to distinct concepts: Steak & Seafood, Diner, Pizza, and Ice Cream. Unit 201 is a larger storefront operating as a steak and seafood restaurant, with booth, table, bar, a private room, outdoor seating, and a spacious, well-equipped kitchen including a walk-in cooler. Unit 202 operates as a diner with table seating and a spacious, well-equipped kitchen. Unit 203 is a furnished ice cream parlor with booth, table, and counter seating, along with a walk-in freezer.

The units are located at 1100 Celebration Avenue Suites 201–204 in Downtown Moneta within the Smith Mountain Lake community. They provide multiple independent spaces in one package, which can support single-operator use, concept expansion, or portfolio-style ownership across different food and retail formats.

For a buyer or operator, the built-in restaurant functionality and furnished interiors can streamline the path to opening. For those looking beyond dining, the listing also notes the opportunity to convert these storefronts to retail or other restaurant setups, with multiple unit sizes available to match different menus and service models.

Key Highlights

  • Four furnished restaurant/retail storefronts in Downtown Moneta (Smith Mountain Lake community) offered as‑is for immediate use or conversion.
  • Unit 201 steak & seafood restaurant: 5,461 SF with booth, table, bar, private room, outdoor seating, and a spacious, well‑equipped kitchen plus walk‑in cooler.
  • Unit 202 diner: 1,070 SF with table seating and a spacious, well‑equipped kitchen.

Property Analytics

Current Use

Conventional restaurants

Suggested Use

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

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

Turnkey business
Opportunity

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

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
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Four furnished restaurant retail storefronts offered as-is, ready for immediate use or conversion to other dining or retail setups.
Where is this conventional restaurant located?
The property is located at 1100 CELEBRATION AVENUE SUITES 201-204 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/retail storefronts in Downtown Moneta (Smith Mountain Lake community) offered as‑is for immediate use or conversion.; Unit 201 steak & seafood restaurant: 5,461 SF with booth, table, bar, private room, outdoor seating, and a spacious, well‑equipped kitchen plus walk‑in cooler.; Unit 202 diner: 1,070 SF with table seating and a spacious, well‑equipped kitchen.
More about this property
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