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4730 Scruggs Rd
Moneta, VA 24121

Blackwater Cafe · Retail Property For Sale

Investment Highlights

  • Award Winning Restaurant
  • Open floor plan
  • High traffic count close to lakefront communities

PROPERTY FACTS

Property Type
Retail
Property Subtype
Restaurant
Building Size
5,000 SF
Building Class
B
Year Built
1987
Tenancy
Single
Building Height
1 Story
Building FAR
0.09
Lot Size
1.25 AC
Zoning
Commercial - Commercial
Parking
43 Spaces (8.6 Spaces per 1,000 SF Leased)
Frontage
190 ft on Scruggs

Amenities

  • Fireplace
  • Property Manager on Site
  • Restaurant
  • Signage
  • Storage Space
  • Air Conditioning

About 4730 Scruggs Rd , Moneta, VA 24121

Here is your opportunity to own a well established, award-winning, fine-dining restaurant being sold turn-key located at the ever growing Smith Mountain Lake. Situated on a high traffic thoroughfare that is surrounded by waterfront communities and developments just four miles from Westlake Corner. All inventory included in the sale, with highlights such as outdoor digital electric sign, 4 station POS system, commercial grade smoker, two walk-in coolers, one walk-in freezer and dry storage area, among a fully functioning chef's kitchen and dishwashing station. The restaurant offers two separate dining rooms, a bar, and an outdoor patio, supporting a total maximum seating capacity of 132 guests. The fine dining room offers a propane, masonry fireplace with custom designed booth to support larger parties. The grill side has three flat screen televisions, 8 beer tap, fully stocked bar and newly installed mini-split for maximum comfort. This rustic styled restaurant features unique lodge décor and custom one of a kind stained glass windows. It has been a staple for the local community since 2005. Special events include: monthly wine dinners, jazz dinners, many local clubs, businesses and organizations book for private parties as well as featured holiday menus. NO WALK INS- PLEASE MAKE AN APPOINTMENT TO SEE OR INQUIRE. General manager willing to stay on board for up to 6 months after purchase to help new owners at no cost. Upgraded septic and public water, roof replaced about 2013, and HVAC replaced within the last 5 years. Average gross sales $650,000, business financials to be shared with Qualified buyers only.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
0320002201
Land Assessment
$134,806
Improvements Assessment
$630,799
Total Assessment
$765,605
  • Listing ID: 25082392

  • Date on Market: 2022-02-18

  • Last Updated:

  • Address: 4730 Scruggs Rd, Moneta, VA 24121

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