Technical
Financial
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Property profile

3619 Airport Rd Moneta, VA 24121

OFF-MARKET
Specialty properties
Property ID
US87-1428509
98,000 SF 2 ac lot Built 2020
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Property summary

AI-generated overview

This exceptional waterfront business opportunity encompasses a thriving marina and two established restaurants on Smith Mountain Lake, Virginia. The property boasts 98,000 square feet situated on over 2.25 acres with 600 feet of prime waterfront. The main building houses Beacon Seafood Pub, a full commercial kitchen, a large office, and a studio apartment. Upstairs, an unfinished area offers expansive lake views and significant development potential. A second restaurant and bar, Portside Bar & Grill, provides additional revenue streams, offering patrons lake views. Included in the sale is the Virginia Dare, a 63-foot, 19th-century replica side-wheeler cruise boat, capable of accommodating up to 115 passengers for public and private charters. The marina features 50 slips, a newly developed beach bar, and a brand-new 24/7 fuel system. Ample parking and storage are also available. Built in 2020, this turnkey operation has shown significant growth and offers substantial potential for increased revenue and expansion. This presents a rare opportunity for an owner-operator or a hands-off investment. The asking price is $3,500,000. The property is located at 3619 Airport Rd, Moneta, VA 24121.

Property profile

Verified
Property type Specialty properties
Year built 2020
Total area 98,000 SF
Lot 2 ac (87,120 SF)
UPID US87-1428509

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Bar & Pub Restaurant
  • Marketing & Advertising IT Consulting Firm
  • Resort
  • Restaurant

Location

3619 Airport Rd Moneta, VA 24121
Moneta metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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