$2,999,999
Moneta, VA 24121
MLS# 894410
2 baths
1 / 40
Property Description
Here is the opportunity of a lifetime...your 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
Contract Information
Current Price: $2,999,999
List Price: $2,999,999
List Date: 2022-11-16
Status: Pending
General Property Description
Construction Status: Completed
Year Built: 1985
Type of Business: Restaurant
Total Acreage: 1.37
Flood Area: Yes
On site Parking: Yes
Parking Spaces: 80
Retail SqFt: 900
Lease Available: No
Nbr of Stories: 2
Basement Y/N: No
Total Bths: 2
Water Class: Waterfront Property
Water ID: Smith Mtn Lake
Length of Waterfront: 120
Location, Legal & Taxes
Major Area: 06 - Bedford County
Area: 0690 - SML Bedford County
Street Number: 1041
Street Name: Harbour Inn
Street Suffix: LN
State/Province: VA
Zip Code: 24121
Legal: Lake Ventures LLC.
Municipality: Bedford County
Tax ID: 22101100
Annual Taxes: 5346
Zoning Code: PCD
Remarks & Misc
Directions: From HFB, 122 N, Left on Harbour Inn Ln, Follow to end
Status Change Info
Ratified Contract Dt: 2023-12-22
Income & Expenses
Gross Income: 1300000
Internet Access
Cur'nt Internet Prov: Xfnity
Other Water Details
Nbr of Uncvrd Slips: 20
Property Features
Limited Service: Not Limited Service
Commercial Type: Investment; Office; Retail
Sale Includes: Building & Land
Construction: Metal; Wood
Roof System: Metal
Heating: Heat Pump
Cooling: Heat Pump
Floors: Carpet; Vinyl
Manufactured Homes: No HUD Tag
Additional Features: Display Window; Indust Refrigeration; Industrial Cooler
Water Description: Public Water
Sewer Description: Private Septic
Water Heater Type: Tank-less
Water Heater Energy: Propane
Documents Available: Survey
Topography: Level
Views: Lake
Boat Dock Desc: Floater; Stationary
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 7 station POS, Micros 3700 computer system
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 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. General manager, chef, lead server and head bartender are willing to stay on.
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.
Listing Office: PROPERTY NAVIGATORS LLC
Last Updated: January - 23 - 2024
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