1526 Franklin RD SW, Roanoke, VA 24016
1526 Franklin RD SW, Roanoke, VA 24016
1526 Franklin RD SW, Roanoke, VA 24016
1526 Franklin RD SW, Roanoke, VA 24016
1526 Franklin RD SW, Roanoke, VA 24016
1526 Franklin RD SW, Roanoke, VA 24016
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$637,500

$749,000

14.9%
Est.Price: ?

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Est. payment /mo

4.5 Baths

2,720 SqFt


SOLD DATE : 03/31/2025

Key Details

Sold Price $637,500

Property Type Commercial

Sub Type Investment

Listing Status Sold

Purchase Type For Sale

Square Footage 2,720 sqft

Price per Sqft $234

Municipality From Downtown Roanoke; Franklin Rd to B&B on Left before bridge.

MLS Listing ID 908327

Sold Date 03/31/25

Year Built 1900

Lot Size 7,405 Sqft

Property Sub-Type Investment

Property Description

Turnkey B&B Investment Opportunity in Prime Roanoke! This meticulously restored 1920s 4BR/4.5BA property includes established business assets and adjacent buildable lot. Award-winning renovation features all-new systems (HVAC, plumbing, electrical), two commercial-grade kitchens, and preserved historic charm. Each guest room offers private bath, while wraparound porch and professional landscaping create impressive curb appeal. Proven income history with strong corporate/tourist clientele. Property includes furniture, fixtures, equipment, website, and booking systems. Walking distance to downtown, Carilion Medical, shopping, and dining. Updates include stone parking area, restored rock walls, and custom lighting. Continue successful B&B operation or explore other commercial ventures.

Location

State VA

County City Of Roanoke

Zoning MX

Direction From Downtown Roanoke; Franklin Rd to B&B on Left before bridge.

Interior

Heating Heat Pump

Exterior

Garage Spaces 6.0

View City, Mountain(s), Sunrise

Topography Level

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Listed by LPT REALTY LLC
Bought with BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE

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Johnny Connolly

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

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