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4040 Franklin Rd SW Roanoke, VA 24014

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For Sale
$1,350,000

COMMERCIAL - Roanoke, VA

Lot size:
1.00 Acre
Added:
Oct 3, 2025
Days on Market:
207
Last Refresh:
Apr 27 at 9:06 pm

Property Features for 4040 Franklin Rd SW

General Information

Property type
Commercial Sale
Property subtype
Other
Bathrooms
3
Rooms
Bathroom 1, Bathroom 3, Bathroom 2
Standard status
Active
APN
548-0714 & 548-0707
Lot size
1.00 Acre

Taxes and HOA fees

Tax Annual Amount
9270

Utilities

Sewer type
Public Sewer
Water source
Public

Building Details

Year built
1985
Flooring type
Vinyl

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Listing Contact
ASHLEY WAINWRIGHT DONAHUE
ASHLEY WAINWRIGHT DONAHUE

Listing agent ASHLEY WAINWRIGHT DONAHUE

Listing office WAINWRIGHT & CO., REALTORS(R) 1202 ELECTRIC RD, SUITE A, Salem, VA

Listing date Oct 3, 2025

MLS# 921564

Copyright © 2026 Roanoke Valley Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Overview

Franklin Road Commercial Opportunity

This commercial property, situated on Franklin Road/Route 220, offers high visibility and convenient access in a busy commercial area of Roanoke. The property, consisting of two parcels totaling 1 acre, is suitable for office, medical, or retail use. A full remodel was completed less than 3 years ago. The location benefits from a VDOT daily traffic count of 32,000. The property is surrounded by medical practices, financial institutions, retail centers, and established businesses. Its proximity to Tanglewood Carilion Clinic, downtown Roanoke employers, and major transportation routes makes it accessible to the broader Roanoke Valley. There is also an opportunity to purchase the existing appliance store.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Austin's Appliance (Bike/Boat/Book/etc) Store child life playsets Department Store

Suggested Use

Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Roanoke
County
Salem
State
Virginia
Longitude
-79.970096
Latitude
37.228041

FAQs

What type of property is this?
Retail space - High-visibility commercial space on Franklin Road in Roanoke.
Where is this retail space located?
The property is located at 4040 Franklin Rd SW Roanoke, VA.
What is the asking price?
The asking price for this property is $1,350,000.
What are key features of this property?
This property features: High‑visibility location on Franklin Road (Route 220) with a VDOT daily traffic count of 32,000.; Prime opportunity for office, medical, or retail use in an active commercial corridor.; Two parcels totaling 1 acre.
More about this property
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