4405 Timber Line RD, Ferrum, VA 24088
4405 Timber Line RD, Ferrum, VA 24088
4405 Timber Line RD, Ferrum, VA 24088
4405 Timber Line RD, Ferrum, VA 24088
4405 Timber Line RD, Ferrum, VA 24088
4405 Timber Line RD, Ferrum, VA 24088
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Robert Lindamood

Robert Lindamood

+1(540) 300-5508
Listed by BRITTANY LEIGH BARLOW FIRST CHOICE REAL ESTATE LLC - HARDY
$ 390,000
Est. payment | /mo
Save
$ 390,000
Est. payment | /mo
Save

Key Details

Property Type Commercial

Sub Type Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID 914698

HOA Y/N No

Year Built 1938

Annual Tax Amount $1,537

Acres 0.39

Property Sub-Type Commercial

Source Roanoke Valley Association of REALTORS®

Property Description

Seize this incredible business opportunity with a prime commercial property offering multiple income streams in one of Virginia's most picturesque regions. Ideally situated within walking distance of Ferrum College, which spans 700 scenic acres in the Blue Ridge Mountains, this property is a prime location for a restaurant, catering business, office, retail shop, or more. Adding to its appeal, the property is near Smith Mountain Lake, a popular tourist destination, providing even more potential to attract visitors and boost revenue.This versatile investment includes five rental apartments—most of which are currently occupied—ensuring consistent income, plus two commercial spaces with endless possibilities. Previously home to the thriving Paradise Grill, this space is well-suited for a successful restaurant or other business ventures. Don't miss out on this rare opportunity to invest in a high-traffic location with strong income potential! All residential units are currently rented. Contact LA for NOI/Expenses.

Location

State VA

County Franklin County

Area 0.39

Direction From Rocky Mount, 40W to Ferrum, Left at Fieldcrest Rd, cross RR tracks, R on Timberline to building on L

Interior

Heating Electric

Cooling Other - See Remarks, Electric

Fireplace No

Exterior

Parking Features On Site

Garage No

Building

Sewer Private Sewer

New Construction No

Others

Tax ID 4010005600

MLS of Roanoke Valley, Inc. (RVAR) - IDX

Nearby Locations

Robert Lindamood

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(540) 300-5508

robertlindamoodrealtor@gmail.com

937 Old Court Lane , Roanoke, VIRGINIA, 24015, Roanoke, Virginia, 24015, USA

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4405 Timber Line RD