-----BEGIN PRIVACY-ENHANCED MESSAGE-----
Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
Originator-Key-Asymmetric:
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 TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB
MIC-Info: RSA-MD5,RSA,
 ASpdYFxpheNYPax0AKnAKTnHA5rQXQH6I3QfBNa6+WlxyZmSdshHW4EFchDrfbgU
 VE3+i3mmc+khrfC68MsqCA==

<SEC-DOCUMENT>0001182489-07-000514.txt : 20070503
<SEC-HEADER>0001182489-07-000514.hdr.sgml : 20070503
<ACCEPTANCE-DATETIME>20070503115203
ACCESSION NUMBER:		0001182489-07-000514
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20070503
FILED AS OF DATE:		20070503
DATE AS OF CHANGE:		20070503

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			WARDEN WILLIAM C JR
		CENTRAL INDEX KEY:			0001272225

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-00209
		FILM NUMBER:		07813885

	MAIL ADDRESS:	
		STREET 1:		PO BOX 2328
		CITY:			HICKORY
		STATE:			NC
		ZIP:			28603-2328

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			BASSETT FURNITURE INDUSTRIES INC
		CENTRAL INDEX KEY:			0000010329
		STANDARD INDUSTRIAL CLASSIFICATION:	WOOD HOUSEHOLD FURNITURE, (NO UPHOLSTERED) [2511]
		IRS NUMBER:				540135270
		STATE OF INCORPORATION:			VA
		FISCAL YEAR END:			1130

	BUSINESS ADDRESS:	
		STREET 1:		PO BOX 626
		CITY:			BASSETT
		STATE:			VA
		ZIP:			24055
		BUSINESS PHONE:		5406296209

	MAIL ADDRESS:	
		STREET 1:		MAIN ST
		STREET 2:		P O BOX 626
		CITY:			BASSETT
		STATE:			VA
		ZIP:			24055
</SEC-HEADER>
<DOCUMENT>
<TYPE>4
<SEQUENCE>1
<FILENAME>edgar.xml
<DESCRIPTION>FORM 4 -
<TEXT>
<XML>
<?xml version="1.0"?>
<ownershipDocument>

    <schemaVersion>X0202</schemaVersion>

    <documentType>4</documentType>

    <periodOfReport>2007-05-03</periodOfReport>

    <notSubjectToSection16>0</notSubjectToSection16>

    <issuer>
        <issuerCik>0000010329</issuerCik>
        <issuerName>BASSETT FURNITURE INDUSTRIES INC</issuerName>
        <issuerTradingSymbol>BSET</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001272225</rptOwnerCik>
            <rptOwnerName>WARDEN WILLIAM C JR</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>P O BOX  256</rptOwnerStreet1>
            <rptOwnerStreet2>172 SANDWEDGE ROAD</rptOwnerStreet2>
            <rptOwnerCity>WILKESBORO</rptOwnerCity>
            <rptOwnerState>NC</rptOwnerState>
            <rptOwnerZipCode>28697</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>1</isDirector>
            <isOfficer>0</isOfficer>
            <isTenPercentOwner>0</isTenPercentOwner>
            <isOther>0</isOther>
            <officerTitle></officerTitle>
            <otherText></otherText>
        </reportingOwnerRelationship>
    </reportingOwner>

    <nonDerivativeTable>
        <nonDerivativeTransaction>
            <securityTitle>
                <value>Common</value>
            </securityTitle>
            <transactionDate>
                <value>2007-05-01</value>
            </transactionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>J</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
                <footnoteId id="F1"/>
            </transactionCoding>
            <transactionAmounts>
                <transactionShares>
                    <value>1059</value>
                </transactionShares>
                <transactionPricePerShare>
                    <value>14.16</value>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>A</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>3622</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </nonDerivativeTransaction>
    </nonDerivativeTable>

    <derivativeTable></derivativeTable>

    <footnotes>
        <footnote id="F1">GRANTED UNDER THE 2005 NON EMPLOYEE DIRECTORS STOCK INCENTIVE PLAN--ONE YEAR VESTING AND SALE RESTRICTION UNTIL 90 DAYS AFTER CEASES TO BE A DIRECTOR.</footnote>
    </footnotes>

    <ownerSignature>
        <signatureName>WILLIAM C WARDEN JR</signatureName>
        <signatureDate>2007-05-03</signatureDate>
    </ownerSignature>
</ownershipDocument>
</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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