NOT LISTED FOR SALE

40 Main St Boones Mill, VA 24065

Estimated Value: $343,000

6 Beds
1.5 Baths
4,550 Sq Ft
$75/Sq Ft Est. Value

Sale Details

Date Sold: December 12, 2025

Last sale price $299,000 $66 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $1,968 / mo

587 Days on Market

Highlights

  • 100 Feet of Waterfront
  • City View
  • Federal Architecture
  • Boones Mill Elementary School Rated A-
  • Open Floorplan
  • Private Lot

About This Home

As of December 2025

Property can be use it for business, residential, live and work, Multiple unit apartment or Detach home. CURRENTLY IS COMMERCIAL BUILDING. BUYERS MUST APPLY PERMIT FROM FRANKLIN COUNTY AND TOWN TO CHANGE TO RESIDENTIAL OR HOME ON BUYER'S COST. Only 2 Haft Bath, Small Kitchen. but the big retail space can turn to big kitchen, living, dining, family room.
Close the 2 lane Drive-Thru for an additional apartment unit. 4 Side Brick, 1 Story, inside 4884sf: The 2500sf retail space
Those 10 rooms can be bedrooms or office room
Commercial HVAC, Front is 12’-14’ Tall building, Back lower.
Parking Lot at front, Side the 2 drive-through Ln, The backyard parking lot
The 2 drive-Through can be a parking lot, close up for additional retail/storage/office space. The city limits do not have a lot of people but a lot of people live in Boones Mill.
This building is next to Roanoke & Rocky Mount. Virginia Tech, USPS, Shops,
Public Water, Sewer, Electric. Internet, Off busy Rt.220 Franklin-Virgil Goode Hwy.
Everyday about 30 thousand cars pass through Rt. 220 & Main Street.
Dimensions: Approximate 66 feet x 74 feet = 4884sqft. Central AC & Heating System with 6 thermosphere, 3 Circuit Breakers
This 5,000+sf: Big retail store none zone area can be business, apartments or both Big front door, 2 back exit doors. Many windows at the front, back & both sides.
1 Kitchen, 2 Rest room, 1 Utilities room, 1 storage, 1 safety deposit room.
#1. The big Retail Space about 2500sqft with a lot of big tall windows
#2. Room 16'8'' x 11’ = 188sf 12’ tall ceiling, without window.
#3. Room 16’8” x 12’9” = 210sf 12’ Tall ceiling. With the window.
#4. Room 16’8” x 5’ =100sf The Small room 12’ tall ceiling.
#5. Room 16’8” x 30’4” = 510sf, 12’ ceiling Exit door to rear parking, 2 windows.
#6. Room 14’3” x 7’10” = 105sf The safety deposit room, No window
#7. Room 14’3” x 7’10” =110sf, next to Drive-Thru, No window #8. Room with small wall unit AC 11’8” x 9’7” =120sf
#9. Room 16’8” x 15’4” = 272sf next to drive-through with big windows,
#10. Room 16’8” x15’4” = 255sf 12’ ceiling, Storefront, Big windows for sign. #11. Close the 2 lane Drive-Thru build an additional apartment unit. Updated the following and more: 1.

Last Agent to Sell the Property

Kim Rosewall

(540) 266-4442 moneyrealty8@gmail.com Money Realty LLC License #0225101514 Listed on: 03/07/2024

Last Buyer's Agent

Kim Rosewall

(540) 266-4442 moneyrealty8@gmail.com Money Realty LLC License #0225101514 Listed on: 03/07/2024

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,700

Year Built

  • Built in 1955 | Remodeled in 2023

Lot Details

  • 17,424 Sq Ft Lot
  • 100 Feet of Waterfront
  • Creek or Stream
  • Open Space
  • Backs To Open Common Area
  • Cul-De-Sac
  • Rural Setting
  • East Facing Home
  • Planted Vegetation
  • Private Lot
  • Premium Lot
  • Level Lot
  • Wooded Lot
  • Backs to Trees or Woods
  • Back, Front, and Side Yard
  • Additional Land
  • Property is in very good condition
  • Zoning described as None zoning. Property owner can change the building from Commercial to Residential call Franklin County Zoning & Town

Property Views

  • City
  • Creek or Stream
  • Mountain

Home Design

  • Federal Architecture
  • Flat Roof Shape
  • Brick Exterior Construction
  • Slab Foundation
  • Concrete Roof
  • Concrete Perimeter Foundation
  • Masonry

Interior Spaces

  • 4,550 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Concrete Flooring

Bedrooms and Bathrooms

  • 6 Main Level Bedrooms

Parking

  • 20 Open Parking Spaces
  • 20 Parking Spaces
  • Private Parking
  • Free Parking
  • Paved Parking
  • Parking Lot
  • Surface Parking
  • Parking Space Conveys
  • Secure Parking

Outdoor Features

  • Water Access
  • Stream or River on Lot

Utilities

  • 90% Forced Air Zoned Heating and Cooling System
  • Heat Pump System
  • Back Up Electric Heat Pump System
  • Geothermal Heating and Cooling
  • Electric Water Heater
  • Phone Available
  • Cable TV Available

Additional Features

  • Doors are 32 inches wide or more
  • Property is near creek

Community Details

  • No Home Owners Association
  • Built by Former Bank Building
  • Bank Building
  • Mountainous Community

Listing and Financial Details

  • Assessor Parcel Number 3020001200

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,700

Year Built

Built in 1955 | Remodeled in 2023

Lot Details

0.4 Acres

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Federal
  • Accessibility Features: 32"+ Wide Doors
  • Ownership: Fee Simple
  • Historic: No
  • Inclusions: Everything inside the building: HVAC, Air condition, walls, and LAND included 3 lots and the creek. First lot is the main building lot, second lot is the parking lot near the creek and 3rd lot is the 2 drive-through lanes from Easy Street to the creek. T
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 1955
  • Year Renovated: 2023
  • Building Winterized: Yes
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Flooring Type: Concrete
  • Interior Amenities: Floor Plan - Open
  • Fireplace: No
  • Foundation Details: Concrete Perimeter, Slab
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 4550
  • Living Area Sq Ft: 4550
  • Price Per Sq Ft: 65.93
  • Above Grade Finished Sq Ft: 4550
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 6
  • Main Level Bedrooms: 6
  • Total Bathrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Brick, Block, Concrete, Combination, Masonry
  • Road Surface Type: Paved
  • Roof: Concrete, Flat
  • Spa: No
  • View: Creek/Stream, Mountain, City
  • Water Access: Yes
  • Water Body Type: Creek/Stream
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: No Pool
  • Tidal Water: No
  • Water View: Yes
  • Water Frontage In Feet: 100

Garage/Parking

  • Garage: No
  • Parking Features: Free, Parking Space Conveys, Paved Parking, Private, Secure Parking, Surface
  • Total Garage And Parking Spaces: 20
  • Type Of Parking: Parking Lot
  • Parking Lot Number Of Spaces: 20

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Heat Pump(s), Multi Units, Zoned
  • Heating Fuel: Electric, Geo-Thermal
  • Heating Type: Central, 90% Forced Air, Heat Pump - Electric Backup, Heat Pump(s), Zoned
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Utilities: Water Available, Sewer Available, Electric Available, Cable Tv Available, Phone Available
  • Water Source: Public
  • Municipal Trash: No
  • Internet Services: Broadband, Other, Satellite

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No

Schools

  • School District Source: Listing Agent

Lot Info

  • Horses: No
  • Lot Features: Additional Lot(s), Adjoins - Open Space, Backs - Open Common Area, Backs To Trees, Cul-De-Sac, Front Yard, Level, Mountainous, Rural, Sideyard(s), Stream/Creek, Trees/Wooded, Unrestricted, Vegetation Planting, Road Frontage, Rear Yard, Premium, Private
  • Lot Size Acres: 0.40
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 17424.00
  • Property Condition: Very Good
  • Zoning Description: None zoning. Property owner can change the building from Commercial to Residential call Franklin County Zoning & Town
  • In City Limits: Yes

Building Info

  • Builder Name: Former Bank Building

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: Yes
  • Pets Allowed: No
  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • Tax Annual Amount: 2700.00
  • Assessor Parcel Number: 3020001200
  • County Tax Payment Frequency: Semi-Annually
  • Tax Year: 2024

MLS Schools

  • School District Name: FRANKLIN COUNTY PUBLIC SCHOOLS

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 7, 2024
Closed on
Dec 8, 2025
Sold by
Bought by
Seller's Agent
Kim Rosewall
Money Realty LLC
Buyer's Agent
Kim Rosewall
Money Realty LLC
List Price
$350,000
Sold Price
$299,000
Premium/Discount to List
-$51,000
-14.57%
Views
268
Current Estimated Value
$343,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$44,000

Purchase Details

Closed on
Dec 14, 2021
Sold by
Bought by

Purchase Details

Closed on
Mar 15, 2019
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,400
Interest Rate
0.044%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 13, 2019
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,400
Interest Rate
0.044%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 11, 2018
Sold by
Bought by
Source: Public Records
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$290,000 Fidelity National Title Insura
$225,000 None Available
-- Performance Title & Setmnt
$118,000 Performance Ttl & Setmnt Inc
-- First American Title Insuran
$88,000 First American Title Insuran
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $94,400
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
12/12/2025 12/12/25 Sold $299,000 -0.3% $66 / Sq Ft
08/04/2025 08/04/25 Price Changed $299,999 -6.3% $66 / Sq Ft
03/13/2025 03/13/25 Price Changed $320,000 -5.9% $70 / Sq Ft
08/14/2024 08/14/24 Price Changed $340,000 -2.9% $75 / Sq Ft
03/07/2024 03/07/24 For Sale $350,000 -- $77 / Sq Ft
Source: Bright MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $1,182 $274,800 $80,000 $194,800
2024 $1,182 $274,800 $80,000 $194,800
2023 $2,589 $406,400 $80,000 $326,400
2022 $2,589 $424,400 $80,000 $344,400
2021 $2,589 $424,400 $80,000 $344,400
2020 $2,589 $424,400 $80,000 $344,400
2019 $3,644 $597,400 $80,000 $517,400
2018 $3,644 $597,400 $80,000 $517,400
2017 $3,286 $613,900 $80,000 $533,900
2016 $3,286 $613,900 $80,000 $533,900
2015 $3,315 $613,900 $80,000 $533,900
2014 $3,315 $613,900 $80,000 $533,900
2013 $3,315 $613,900 $80,000 $533,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: VAFK2000034

Bright MLS

APN: 3020001200

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