1041 Harbour Inn Ln - Restaurant FOR SALE


Moneta, VA 24121
$2,550,000 USD
703-624-4777
1041 Harbour Inn Ln, Moneta, VA for Sale
$2,550,000 USD
Restaurant - FOR SALE
1/77
null | Request Cap Rate

1041 Harbour Inn Ln
Moneta, VA 24121


HIGHLIGHTS

  • Established Waterfront Restaurant Serving Smith Mountain Lake Since 2012
  • Prime Location Just Minutes from Hales Ford Bridge in the Heart of SML Activity
  • Seating Capacity for Over 230 Guests with Indoor and Outdoor Waterfront Dining
  • 20 Boat Slips and Approximately 77 Parking Spaces for Customer Convenience
  • Built-In Customer Base with Approximately 100 Adjacent Campsites, Hotel, and Expansion Potential for Retail

OVERVIEW

Jake's Place presents a rare opportunity to acquire one of Smith Mountain Lake's most recognizable waterfront destinations. Located just moments from Hales Ford Bridge in Moneta, Virginia, this established restaurant and entertainment venue has successfully served locals and visitors since 2012. The property features approximately 5,758 SF, seating for more than 230 guests, 20 boat slips, 77 parking spaces, public water and sewer service, extensive owned equipment, and a modern transferable Toast POS system. The business benefits from multiple income streams including restaurant operations, bar sales, and retail/gift shop revenue. Approximately 100 campsites are located directly behind the property, creating additional customer traffic and future opportunities for expanded retail, convenience items, ice cream, or other complementary offerings. Upper-level spaces provide additional flexibility for office, event, or retail use. The property also features well-maintained HVAC systems, tankless water heaters, a glycol beer system with capacity for up to 24 taps, and a private commercial boat ramp. Conveniently located within a half-day drive of Roanoke, Richmond, Northern Virginia, Washington DC, Raleigh, Charlotte, and Knoxville, Jake's Place offers a unique opportunity for an owner-operator, investor, restaurant group, or hospitality entrepreneur seeking a turnkey waterfront business at Smith Mountain Lake. Opportunities to acquire established waterfront restaurants of this scale and reputation are exceptionally rare. Waterfront Restaurant Smith Mountain Lake Near Hales Ford Bridge Seating for 230+ Guests 20 Boat Slips 77 Parking Spaces Public Water & Sewer Extensive Owned Equipment Transferable Toast POS Multiple Revenue Streams Upper-Level Expansion Space Approximately 100 Campsites Nearby Turnkey Owner/User Opportunity Restaurant & Bar Investment Opportunity

FOR SALE DETAILS

PRICE

$2,550,000 USD

PRICE/SF

$367 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Jake's Place

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

ADD'L SUBTYPES

Bar, Storefront

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1985

SPRINKLERS

-

PARKING SPACES

77

LAND DETAILS

LAND ACRES

1.37 AC

LAND SF

59,677 SF

ZONING

PCD

APN/PARCEL ID

221-A-10

ASK ABOUT THIS PROPERTY

Erik OlsonBerkshire Hathaway Homeservices Premier, REALTORSMore Info
703-624-4777

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Erik OlsonBerkshire Hathaway Homeservices Premier, REALTORSMore Info
703-624-4777

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.