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Leased Restaurant Building
For Sale
$389,000

1123 Celebration Ave, Moneta, VA 24121

Commercial Sale, Moneta, VA

Property Size2,500 SF
Lot Size0.03 Acres
Price / SF$155.60
Days on Market2362

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 #0225058838
Added: Apr 14, 2020 Changed: Sep 13 Last Checked: Oct 1 at 11:06PM
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-square-foot commercial property at 1123 Celebration Ave in Moneta is currently leased for restaurant use. Built in 2009, the building features stucco construction, concrete and vinyl flooring, two bathrooms, and a membrane roof. Heating and cooling are provided by a heat pump system.

The property occupies 0.03 acres in Downtown Moneta and is served by public water and public sewer. The sale must include the adjoining unit, providing an important consideration for prospective purchasers. The existing restaurant tenancy and long-term occupancy history add established use to the property’s commercial profile.

Key Highlights

  • 2,500‑square‑foot commercial space currently leased as a restaurant
  • Sale requires purchase of the adjoining unit
  • Located in Downtown Moneta at 1123 Celebration Ave

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.

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
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
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Currently leased restaurant space with public water, public sewer, and a membrane roof.
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‑square‑foot commercial space currently leased as a restaurant; Sale requires purchase of the adjoining unit; Located in Downtown Moneta at 1123 Celebration Ave
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