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    1609 E Franklin St Richmond, VA 23219

    For Lease
    Contact for pricing

    10,897 SF office/warehouse in Shockoe Bottom near Farmers Market.

    Property size:
    10,897 SF
    Lot size:
    0.36 Acres

    Property Features for 1609 E Franklin St

    General Information

    Size
    10,897 SF
    Lot size
    0.36 Acres

    Source: Porter Realty Company, Inc - CORFAC International Agent Clifford Porter

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Downtown Richmond Office/Warehouse For Lease

    An office/warehouse totaling 10,897 square feet is available for lease in Downtown Richmond. The space includes 1,000 square feet of office area. The building features exposed beams and has been re-roofed with skylights. It is zoned B-5 and includes 2 drive-in doors. The property is located in Shockoe Bottom, near the Farmers Market.
    Insight Report Location Intelligence

    Current Use by Public Records

    Warehouses

    Suggested Use

    Realty agency Spa & Massage Restaurant Hair Salon Dental Office Nail Salon Building Supply Clothing Store Daycare Center Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Richmond Cold Storage, SmartStop Self Storage, 2323 Storage, Near2Me Storage Units, Richmond cold storage co..incno. 3 warehouse

    Location Insight

    • Map
    • Local Demand
    City
    Richmond
    County
    Richmond City
    State
    Virginia
    Longitude
    -77.4282952
    Latitude
    37.5345316

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    FAQs

    What type of property is this?
    Warehouse - 10,897 SF office/warehouse in Shockoe Bottom near Farmers Market.
    Where is this warehouse located?
    The property is located at 1609 E Franklin St Richmond, VA.
    What are key features of this property?
    This property features: - 10,897 SF office/warehouse space; - Located in Downtown Richmond; - Zoned B-5
    (804) 399-1326
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    1609 E Franklin St Richmond, VA 23219
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    Richmond, VA 23219
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1609 E Franklin St Richmond, VA 23219
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