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Business Properties
The explosion in
residential sales at Smith Mountain Lake has been closely followed by
a wave of business growth that is just as staggering. For example, in the
Westlake area, over 200 new businesses have opened in the past
few years! This is, by far, the business hub of the lake, but other areas
are beginning to emerge as shopping centers, too.
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The Bridgewater area (social hub of
the lake, located at the middle of the Rt. 122 corridor at Hales Ford
Bridge), features about 30 businesses, including restaurants, gift shops,
an arcade, a marina, mini-golf, etc.
In addition, it has recently added another building with 10
new businesses to compliment its existing wide variety of commercial
ventures. Add to this, 2 new, very upscale condo buildings (96 individual
units) are well underway on the adjoining property.
Meanwhile, three other lake areas (Southlake, Eastlake, and central Moneta
are about to explode with approximately 70 new businesses, either just
completed or under construction.
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| Lastly, the Rt. 122 corridor between old
downtown Moneta and Westlake Corners is going nuts... There are over 1,000 residences on the drawing board for the next few years along
this little strip, plus a number of new business are under way
as well!
As it happens, the owners of
Smith Mountain Lake Boat Yard (my parents! 75+ years young!) are
thinking about retirement. The property is currently for lease, but they
will consider selling. (The asking price of this 5.2 acre tract is $3,900,000
if they decide to sell... they prefer to lease*).
It features waterfront, lots of highway road frontage, a 10,000 square foot
building and 2 homes. Virtual tour links are below. |
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Commercial
Waterfront
Rt. 122 Road Frontage
10,000 Sq. Ft. Building
$3,900,000 but prefer to
lease
Without question one of the most
valuable properties at the entire lake!*You can
call them direct at their work phone:
George & Elaine Gresham (540) 297-7070
Photo Virtual
Tour
Motion Picture Virtual Tour |
Have questions, or want more
information?
>>> Link to my Long & Foster site
w/access to our entire Multiple Listing
Service <<<
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