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Retail Space with Restaurant Use
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 Market2383

Property Features for 1123 Celebration Ave

General Information

Property type Commercial Sale
Property subtype Other
Bathrooms 2
Full bathrooms 2
Rooms Bathroom 2, Bathroom 1
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 Vinyl, Concrete
Building materials Stucco
Listing Agency: LYONS TEAM, REALTORS(R)
Listed By: JODY LYONS
Added: Apr 14, 2020 Changed: Oct 20 Last Checked: Oct 22 at 2:06PM
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.

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Investment Insights

Based on property information with market context.

This 2,500-square-foot retail space in Moneta dates to 2009 and has a membrane roof, stucco exterior, and vinyl and concrete flooring. Heat pump equipment provides heating and cooling. The space was most recently used for restaurant operations, and a limited amount of furniture, fixtures, and equipment remains. Public water and sewer serve the property. Sale is contingent on purchasing the adjoining unit as well.

Key Highlights

  • 2,500‑square‑foot retail space
  • Must be purchased with the adjoining unit
  • Most recently used for restaurant operations; limited FF&E remains

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
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

Frequently Asked Questions

What type of property is this?
Retail space - A 2009-built commercial suite has public water and sewer service and must be acquired with the adjoining unit.
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‑foot retail space; Must be purchased with the adjoining unit; Most recently used for restaurant operations; limited FF&E remains
More about this property
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