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Retail Space with Restaurant Improvements
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 Market2380

Property Features for 1123 Celebration Ave

General Information

Property type Commercial Sale
Property subtype Other
Directions RT 122 corner of White House Road.
Subdivision 0600 - Bedford County
Standard status Active
APN 210 6 10B
Lot size 0.03 Acres

Taxes and HOA fees

Tax Description Downtown Moneta East Lot 10B PB48/293
Tax Annual Amount 1151
Legal Description Downtown Moneta East Lot 10B 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 Vinyl
Building materials Stucco
Listing Agency: LYONS TEAM, REALTORS(R)
Listed By: JODY LYONS
Added: Apr 17, 2020 Changed: Oct 20 Last Checked: Oct 22 at 2:06PM
MLS# 868710

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.

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Investment Insights

Based on property information with market context.

This 2,500-square-foot retail unit was most recently used as a restaurant and includes a limited amount of furniture, fixtures, and equipment. The building dates to 2009 and features stucco construction, vinyl flooring, and a membrane roof. Heating and cooling are provided by a heat pump.

The property is served by public water and public sewer. Purchase of this unit is contingent on acquiring the adjoining unit as well.

Key Highlights

  • 2,500 square feet of retail space
  • Most recently used as a restaurant; limited FF&E included
  • Must be purchased with the adjoining unit

Property Analytics

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Current Use

Retail space

Suggested Use

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

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
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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

Frequently Asked Questions

What type of property is this?
Retail space - The unit has a membrane roof, vinyl flooring, and limited furnishings and equipment.
Where is this retail space 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 feet of retail space; Most recently used as a restaurant; limited FF&E included; Must be purchased with the adjoining unit
More about this property
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