$2,550,000
Moneta, VA 24121
MLS# 908282
3 baths
1 / 44
Property Description
New year, new price....Here is the opportunity of a lifetime...a chance to own a one-of-a-kind, Smith Mountain Lake, waterfront restaurant. Nestled in a quiet cove with 20 boat slips for docking, it is a popular destination for boaters and motorists alike. Tourists staying at the neighboring hotel or year-round campground, frequent this restaurant for meals, beverages and entertainment. Known for its award winning American Faire, this thriving restaurant offers a total seating area for 231 guests. Boasting a dinning room, outside covered and open dining space and separate bar room that seats 43 guests alone! The fully stocked bar, known as the craft beer capital of SML, offers a recently updated glycol and 24 tap beer system.
Details
General Property Description
Construction Status: Completed
Total Acreage: 1.37
Flood Area: Yes
On site Parking: Yes
Basement Y/N: No
Parking Spaces: 80
Water Class: Waterfront Property
Water ID: Smith Mtn Lake
Gross Building SqFt: 5758
Length of Waterfront: 120
Retail SqFt: 914
Industrial SqFt: 4811
Lease Available: No
Year Built: 1985
Total Bths: 3
Location, Tax & Legal
Major Area: 06 - Bedford County
Legal: 1336 Campers Paradise Trail on Bedford GIS
Tax ID: 22101100
Annual Taxes: 5346
Zoning Code: PCD
Area: 0690 - SML Bedford County
Street Number: 1041
Street Name: Harbour Inn
Street Suffix: LN
State/Province: VA
Zip Code: 24121
Municipality: Bedford County
Remarks & Misc
Directions: From HFB, 122 N, Left on Harbour Inn Ln, Follow to end
By water, follow the cove at Websters Marina
Limited Service
Not Limited Service: 1
Construction
Frame: 1
Metal Siding: 1
Wood: 1
Commercial Type
Industrial: 1
Investment: 1
Retail: 1
Views
Lake: 1
Business Type
Type of Business (Historical Field): Restaurant
Sale Includes
Building & Land: 1
Heating
Electric: 1
Heat Pump: 1
Miscellaneous Info
Equipment Pass: Yes
Cooling
Electric: 1
Heat Pump: 1
Income & Expenses
Gross Income: 1400000
Water Description
Public: 1
Documents Available
Survey: 1
Sewer Description
Private Septic: 1
Manufactured Homes
No HUD Tag: 1
Water Heater Type
Tank-less: 1
Water Heater Energy
Propane: 1
Roof System
Metal: 1
Levels
Two: 1
Internet Access
Cable: 1
Cur'nt Internet Prov: Xfinity
Water Access Only B
Comm Boat Ramp: 1
Other - See Remarks: 1
Floors
Carpet: 1
Tile: 1
Vinyl: 1
Boat Dock Desc
Floater: 1
Water Features
Cove: 1
No Wake Area: 1
Additional Features
Indust Refrigeration: 1
Industrial Cooler: 1
Other Water Details
Nbr of Uncvrd Slips: 20
Topography
Level: 1
Contract Information
Current Price: $2,550,000
List Price: $2,550,000
List Date: 2024-06-07
Status: Active
Property Features
Limited Service: Not Limited Service
Commercial Type: Industrial; Investment; Retail
Sale Includes: Building & Land
Construction: Frame; Metal Siding; Wood
Roof System: Metal
Levels: Two
Heating: Electric; Heat Pump
Cooling: Electric; Heat Pump
Floors: Carpet; Tile; Vinyl
Manufactured Homes: No HUD Tag
Additional Features: Indust Refrigeration; Industrial Cooler
Water Description: Public
Sewer Description: Private Septic
Water Heater Type: Tank-less
Water Heater Energy: Propane
Internet Access: Cable
Documents Available: Survey
Topography: Level
Views: Lake
Water Access Only B: Comm Boat Ramp; Other - See Remarks
Boat Dock Desc: Floater
Water Features: Cove; No Wake Area
Supplements
The functional, spacious chefs kitchen features a double decker commercial pizza oven, walk in freezer, walk in cooler, dish station, prep station and server station. Equipped with a New Updated Toast POS System with 5 terminals and 2 Hand Held terminals.
A separate 30X30 retail space is located above the restaurant and makes a fantastic gift shop, or could easily be an expansion of the bar, whiskey tasting room or turned into a small apartment. Adjoining upstairs is an additional managers office space and beer cooler. A 22 KW backup generator will run freezers, coolers and septic system in the event of power loss. All equipment, décor and furnishings convey, with the exception of a few sentimental items. Public water/sewer and high speed Xfinity internet.
This is a one of a kind restaurant on Smith Mountain Lake, it sits above the water and locals love it's dog friendly hospitality. The dinning experience is unmatched; from color schemes, audio system to carefully thought out finishes... you're always on lake time here.
Potential for some essential staff to stay with the restaurant and assist with transition.
Listing Office: PROPERTY NAVIGATORS LLC
Last Updated: October - 15 - 2025
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