Versatile Lakefront Commercial Building

For Sale

1027 Waterwheel Dr, Moneta, VA 24121

This Moneta property for sale is located at 1027 Waterwheel Dr. The general use of Versatile Lakefront Commercial Building is office and it incorporates 1,616 square feet of class B office space. The current listed sale price for Versatile Lakefront Commercial Building is $1,169,500. Versatile Lakefront Commercial Building is situated on a lot that is 0.64 acre in size.

Contacts

Stephen Pendergrass, SIOR, CCIM

Poe & Cronk Real Estate Group

Property Details

  • Property Type Office - General Office
  • Property Size 1,616 SF
  • Lot Size 0.64 Acre
  • Building Class B
  • Year Built 1985
  • Date Updated Sep 23, 2026
The property’s location is just off Rt 122 Booker T Washington/Moneta Rd at the Hales Ford Bridge1027 Waterwheel Drive offers an opportunity to own a lakefront property on Smith Mountain Lake's major commercial corridor. The property measures 0.64 acres with a 3,232 SF two story building. 1027 Waterwheel includes a boat dock with 4 covered dock slips – a significant value-add for a commercial lake property. The building features ground level access on each of its two floors with 14 parking spots (4.6/1,000). The property's zoning allows for a multitude of uses including short-term rentals. The property’s location, just off Rt 122 Booker T Washington/Moneta Rd at the Hales Ford Bridge, allows access to Bedford County and Franklin County, as well as boat access to the main channel of Smith Mountain Lake. Nearby amenities include views of Smith Mountain Lake, the surrounding mountains, as well as nearby grocery, retail, and restaurants.
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Location

  • City Moneta, VA
  • Zip Code 24121

Points of Interest

  • Exxon

    0.28 miles

  • Moneta Central Mart

    1.90 miles

  • Duck In Market

    3.51 miles

  • Kroger

    3.78 miles

  • Lake Mart & Deli

    4.74 miles

  • Marathon

    5.11 miles

  • Lakers Country Store

    5.44 miles

  • White House Corner Store

    5.51 miles

  • Christine's M&A Grocery Store

    6.53 miles

  • BP

    6.78 miles

  • Hales Ford public boat ramp parking

    0.52 miles

  • Hardy Ford public boat ramp parking

    9.12 miles

  • Halesford Harbour Inn

    0.64 miles

  • Westlake Waterfront Inn

    2.46 miles

  • Lake Inn

    3.56 miles

  • Foxsport Marina Hotel

    6.60 miles

  • Food Lion

    1.75 miles

  • Diamond Hill General Store

    3.41 miles

  • Kroger

    3.80 miles

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