1027 Waterwheel Dr Moneta, VA 24121
- Commercial real estate
- 1,456 SF
- 0.64 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 1027 Waterwheel Dr
- Year built
- 1985
- Construction
- WOOD
- Lot size
- 0.64 lot acres
- Property size
- 1,456 SF
- Property type
- Commercial real estate
- APN
- 232 6 1
- APU
- 23261
Description
This exceptional mixed-use property, located at 1027 Waterwheel Dr, Moneta, VA 24121, presents a unique investment opportunity. The 3,200 square foot, two-story building sits on a 0.64-acre lot and is currently vacant. Boasting a prime location on Smith Mountain Lake's major commercial corridor, just off Rt 122, the property offers convenient access to Bedford and Franklin Counties. The building features ground-level access to both floors and includes a valuable boat dock with four covered slips. With 14 parking spaces (4.6 per 1,000 square feet), the property is zoned PCD, allowing for a variety of uses, including short-term rentals. The asking price is $1,250,000, translating to $390.62 per square foot. Enjoy stunning lake and mountain views, along with proximity to local amenities such as grocery stores, retail shops, and restaurants. This property offers significant potential for a variety of commercial ventures. The APN is 232 6 1.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Moneta
- County
- Bedford
- State
- Virginia
- Longitude
- -79.662
- Latitude
- 37.1485
- CBSA code
- 31340
- CBSA name
- LYNCHBURG, VA METROPOLITAN STATISTICAL AREA
