$390,000

4405 Timber Line RD

Ferrum, VA 24088

452 days on market

Property Type

Commercial Sale

Year Built

1938

Lot Size

0.39 acres

Garage

—

About This Property

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.

Property Details

Interior

Exterior & Lot

Lot Size: 0.39 acres
Year Built: 1938

Location

County: Franklin County
ZIP Code: 24088

Financial

Listing Terms
Annual Taxes: $1,538

Utilities

Sewer: Private Sewer, None

Schools

Heating

Electric

Cooling

Electric, Other

Listing Information

MLS #: 914698
Listing Agent: BRITTANY LEIGH BARLOW
Listing Office: FIRST CHOICE REAL ESTATE LLC - HARDY
Listed Date: May 23, 2026