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Leased Restaurant with Membrane Roof
For Sale
$389,000

1123 Celebration Ave, Moneta, VA 24121

COMMERCIAL - Moneta, VA

Property Size2,500 SF
Lot Size0.03 Acres
Price / SF$155.60
Days on Market2316

Property Features for 1123 Celebration Ave

General Information

Property type Commercial Sale
Property subtype Other
Bathrooms 2
Full bathrooms 2
Rooms Bathroom 1, Bathroom 2
Directions RT 122 corner of White House Road.
Subdivision 0600 - Bedford County
Standard status Active
APN 210 6 10A
Lot size 0.03 Acres

Taxes and HOA fees

Tax Description Downtown Moneta East- Lot 10A PB48/293
Tax Annual Amount 1560
Legal Description Downtown Moneta East- Lot 10A PB48/293

Utilities

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

Building Details

Year built 2009
Flooring type Concrete, Vinyl
Building materials Stucco
Listing Agency: LYONS TEAM, REALTORS(R)
Listed By: JODY LYONS · License #022508838
Added: Apr 14, 2020 Changed: Aug 4 Last Checked: Aug 16 at 5:06AM
MLS# 868662

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 2,500 SF retail space is currently leased as a restaurant in Downtown Moneta. The property has a membrane roof, stucco exterior construction, and interior finishes including vinyl and concrete flooring. Heating and cooling are provided by a heat pump system. Public water and public sewer are available, supporting straightforward ongoing operations. The property also includes two bathrooms.

The unit is offered with a purchase requirement to include the adjoining unit. A long rental history with long-term tenants is noted for the restaurant use.

Built in 2009, the space is positioned for restaurant operators seeking a leased retail asset within a downtown setting, with existing tenancy and established occupancy history.

Key Highlights

  • 2,500 SF retail space leased as a restaurant in Downtown Moneta
  • Membrane roof
  • Heat pump heating and cooling

Property Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick Auto Repair Shop Auto Parts Store Dental Office (Bike/Boat/Book/etc) Store Bakery 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.

Location Intelligence

Trade Area within ½ mile

111
Businesses Nearby
Well-served
Demand for This Use

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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Retail space in Downtown Moneta leased as a restaurant, with membrane roof and public utilities.
Where is this conventional restaurant located?
The property is located at 1123 Celebration Ave Moneta, VA.
What is the asking price?
The asking price for this property is $389,000.
What are key features of this property?
This property features: 2,500 SF retail space leased as a restaurant in Downtown Moneta; Membrane roof; Heat pump heating and cooling
More about this property
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