Retail Property with Recent
4040 Franklin Rd SW, Roanoke, VA 24014
For Sale
$1,350,000
Commercial Sale, Roanoke, VA
Property SizeContact for details
Lot Size0.79 Acres
Days on Market406
Property Features for 4040 Franklin Rd SW
General Information
Property type
Property subtype
Bathrooms
Full bathrooms
Rooms
Directions
Subdivision
Standard status
APN
Lot size
Taxes and HOA fees
Tax Annual Amount
Utilities
Water source
Building Details
Year built
Flooring type
Listing Agency:
WAINWRIGHT & CO., REALTORS(R)
(540) 387-5800
Listed By:
ASHLEY WAINWRIGHT DONAHUE
(540) 580-3547
Added: Oct 3, 2025
Changed: Nov 4
Last Checked: Nov 12 at 6:06AM
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.
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Investment Insights
Based on property information with market context.
This retail property occupies two parcels totaling 0.79 acre on Franklin Road, also identified as Route 220. A full renovation was completed less than 3 years ago. The building dates to 1985 and has vinyl flooring, three bathrooms, and public water service.
VDOT reports daily traffic of 32,000 along the corridor. An existing appliance business may be purchased separately from the real estate.
VDOT reports daily traffic of 32,000 along the corridor. An existing appliance business may be purchased separately from the real estate.
Key Highlights
- Two parcels totaling 0.79 acre
- Full remodel completed less than 3 years ago
- VDOT daily traffic count of 32,000
Property Analytics
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Current Use
Lease Details
32,000 VPD
Traffic count
Location Intelligence
Trade Area within ½ mile
658
Businesses Nearby
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Business Placement
Demographics for 24014, VA
16,869
Population
8,508
Households
2
Avg Household Size
45
Median Age
39%
College-Educated
90%
High-School Grad
27.3 sq mi
ZIP Area
618
Density / Sq Mi
$65,089
Median Household Income
$46,225
Median Earnings
$949
Median Rent
$260,300
Median Home Value
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Market
Properties on Market for Retail space in Roanoke
Vacancy Rate% for Office in Roanoke, VA
Frequently Asked Questions
What type of property is this?
Retail space - A remodeled commercial property offers public water service and three bathrooms.
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: Two parcels totaling 0.79 acre; Full remodel completed less than 3 years ago; VDOT daily traffic count of 32,000
