Remodeled Retail
For Sale
$1,350,000
4040 Franklin Rd SW, Roanoke, VA 24014
Commercial Sale, Roanoke, VA
Property SizeContact for details
Lot Size0.79 Acres
Days on Market393
Property Features for 4040 Franklin Rd SW
General Information
Property type
Commercial Sale
Property subtype
Other
Bathrooms
3
Full bathrooms
3
Rooms
Bathroom 1, Bathroom 2, Bathroom 3
Directions
220S at Tanglewood to Austin's Appliance on the Left.
Subdivision
0120 - City of Roanoke - South
Standard status
Active
APN
548-0714 & 548-0707
Lot size
0.79 Acres
Taxes and HOA fees
Tax Annual Amount
9270
Utilities
Sewer type
Public Sewer
Water source
Public
Building Details
Year built
1985
Flooring type
Vinyl
Listing Agency:
WAINWRIGHT & CO., REALTORS(R)
(540) 387-5800
Listed By:
ASHLEY WAINWRIGHT DONAHUE
(540) 580-3547
Added: Oct 3, 2025
Changed: Oct 27
Last Checked: Oct 30 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. The building was constructed in 1985 and underwent a full remodel less than 3 years ago. Interior details include vinyl flooring and three bathrooms; public water and public sewer serve the property.
VDOT daily traffic count for the corridor is 32,000. The existing appliance business may be purchased separately from the real estate.
VDOT daily traffic count for the corridor is 32,000. The 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
Who owns this building?
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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
Vacancy Rate% for Office in Roanoke, VA
Frequently Asked Questions
What type of property is this?
Retail space - A recently remodeled commercial property with public water and sewer service along Franklin Road.
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
