4405 Timber Line RD, Ferrum, VA 24088
$390,000
Property Type:
Commercial
Lot Size (sq. ft.):
16,988
Status:
Active
Current Price:
$390,000
List Date:
2/28/2025
Last Modified:
10/15/2025
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
Supplements: 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.
More Information MLS# 914698
General Property Description
Construction Status: Completed
Total Acreage: 0.39
Flood Area: No
On site Parking: Yes
Basement Y/N: No
Parking Spaces: 9
Water Class: N/A
Gross Building SqFt: 5144
Lease Available: Yes
Year Built: 1938
Location, Tax & Legal
Major Area: 04 - Franklin County
Tax ID: 4010005600
Annual Taxes: 1537.68
Area: 0400 - Franklin County
Street Number: 4405
Street Name: Timber Line
Street Suffix: RD
State/Province: VA
Zip Code: 24088
Municipality: Franklin County
Remarks & Misc
Directions: From Rocky Mount, 40W to Ferrum, Left at Fieldcrest Rd, cross RR tracks, R on Timberline to building on L
Limited Service
Not Limited Service: 1
Construction
Brick: 1
Wood: 1
Commercial Type
Investment: 1
Business Type
Type of Business (Historical Field): Restaurant/Apartments/Invest
Sale Includes
Building & Land: 1
Heating
Electric: 1
Cooling
Electric: 1
Other - See Remarks: 1
Water Description
None: 1
Sewer Description
Private Sewer: 1
Manufactured Homes
No HUD Tag: 1
Water Heater Type
Tank: 1
Water Heater Energy
Electric: 1
Internet Access
Cable: 1
Cur'nt Internet Prov: Shentel
Contract Information
Current Price: $390,000
List Price: $390,000
List Date: 2025-02-25
Status: Active
Property Features
Limited Service: Not Limited Service
Commercial Type: Investment
Sale Includes: Building & Land
Construction: Brick; Wood
Heating: Electric
Cooling: Electric; Other - See Remarks
Manufactured Homes: No HUD Tag
Water Description: None
Sewer Description: Private Sewer
Water Heater Type: Tank
Water Heater Energy: Electric
Internet Access: Cable
Listing Office:
FIRST CHOICE REAL ESTATE LLC - HARDY
Last Updated: October - 15 - 2025
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