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Smith Mountain Lake Real Estate for Sale

540-721-1488 | 540-529-4229 Cell
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4040 Franklin RD SW, Roanoke, VA 24014 (MLS# 921564)

4040 Franklin RD SW, Roanoke, VA 24014

$1,350,000
57-VM-0241

Virtual Tour

https://showsgreat.photography/4040-Franklin-Rd/idx
50-VM-0209 51-VM-0214 52-VM-0219 53-VM-0224 55-VM-00772 56-VM-00777 13-VM-00587 14-VM-00592 15-VM-00597 16-VM-00602 17-VM-00607 18-VM-00612 19-VM-00617 20-VM-00622 21-VM-00517 22-VM-00522 23-VM-00527 24-VM-00532 25-VM-00537 26-VM-00542 27-VM-00547 03-VM-00627 11-VM-00632 09-VM-00567 10-VM-00552 12-VM-00582 06-VM-00572 05-VM-00562 02-VM-00767 04-VM-00557 28-VM-00642 29-VM-00647 30-VM-00652 32-VM-00672 33-VM-00677 34-VM-00682 35-VM-00667 36-VM-00707 37-VM-00702 38-VM-00687 39-VM-00692 40-VM-00697 42-VM-00717 43-VM-00727 46-VM-00742 47-VM-00747 48-VM-00752 49-VM-0229 01-VM-0234 07-VM-00662 08-VM-00577 31-VM-00657 54-VM-00757
Property Type: Commercial Baths: 3 Lot Size (sq. ft.): 43,560 Status: Active
Current Price: $1,350,000 List Date: 10/03/2025 Last Modified: 3/20/2026

Overview

Description

Prime Office / Retail Opportunity on Franklin Road + Turn-Key Appliance Business (separate purchase) VDOT Daily traffic count of 32,000 - 2 parcels totaling 1 acre This exclusive commercial listing presents an exceptional opportunity for businesses seeking high-visibility space in one of Roanoke's most active commercial corridors. Located along Franklin Road/Route 220, this property offers excellent exposure, convenient access, and a professional setting ideal for office, medical, or retail use. OR, also make a offer for the turn-key and profitable existing appliance store. positioned in a thriving commercial hub, surrounded by medical practices, financial institutions, retail centers, and established businesses. Full remodel less than 3 years ago.

Supplements: The property benefits from proximity to Tanglewood Carilion Clinic, downtown Roanoke employers, and major transportation routes, making it an excellent choice for businesses looking to serve the broader Roanoke Valley. The owner is willing to also sell the turn-key business for an additional purchase price.

Listing Details MLS# 921564

Location, Tax & Legal

Area
0120 - City of Roanoke - South
Street Number
4040
Street Name
Franklin
Street Suffix
RD
Street Direction Sfx
SW
State/Province
VA
Zip Code
24014
Municipality
City of Roanoke
Major Area
01 - City of Roanoke
Tax ID
548-0714 & 548-0707
Annual Taxes
9270.22

General Property Description

Construction Status
Completed
Year Built
1985
Total Acreage
Yes
Road Frontage
207
Traffic Count
32000
Flood Area
Yes
Gross Lot SqFt
21999
On site Parking
Yes
Parking Spaces
20
Gross Building SqFt
3315
Lease Available
No
Basement Y/N
No
Total Bths
3
Water Class
N/A

Business Type

Type of Business (Historical Field)
Retail / Appliance Center
Other
Yes

Remarks & Misc

Directions
220S at Tanglewood to Austin's Appliance on the Left.

Limited Service

Not Limited Service
Yes

More Information

Commercial Type

Land Only
Yes
Office
Yes
Retail
Yes

Water Description

Public
Yes

Sewer Description

Public Sewer
Yes

Manufactured Homes

No HUD Tag
Yes

Floors

Luxury Vinyl Plank
Yes

Additional Features

Loading Docks
Yes

Property Features

Limited Service: Not Limited Service Commercial Type: Land Only; Office; Retail Business Type: Other Floors: Luxury Vinyl Plank Manufactured Homes: No HUD Tag Additional Features: Loading Docks Water Description: Public Sewer Description: Public Sewer
Listing Office: WAINWRIGHT & CO., REALTORS®
Last Updated: March - 20 - 2026
All searches are performed on live data on the MLS server. Although the Multiple Listing Service of The Roanoke Valley is the single source for these listings, listing data appearing on this website does not necessarily reflect the entirety of all available listings within the Multiple Listing Service. All listing data is refreshed daily, but its accuracy is subject to market changes. All copyrights and intellectual property rights are the exclusive property of the Multiple Listing Service of The Roanoke Valley. Whether obtained from a search result or otherwise, visitors to this website may only use this listing data for their personal, non-commercial benefit. The unauthorized retrieval or use of this listing data is prohibited.

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Deborah F. Beran Inc.
dba Deb Beran Properties
6655 Scruggs Road
Moneta, VA 24121
540-721-1488 Office
540-529-4229 Cell

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