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Office/Warehouse Flex Space
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1609 E Franklin St, Richmond, VA 23219

Flex office/warehouse with 1,000 SF office, re-roofed with skylights, and two drive-in doors.

Space Size10,897 SF
Days on Market534

Property Features for 1609 E Franklin St

General Information

Standard status Active
Size 10,897 SF
Property subtype INDUSTRIAL
Zoning B-5

Additional Details

Drive-In Doors 2

Spaces For Lease

at 1609 E Franklin St Contact us

1609 E Franklin St

Floor
1
Size
10,897 SF
Type
INDUSTRIAL
Rate
Contact for pricing
Availability
AVAILABLE, Now
Sublease
No
- 10,897 SF office/warehouse available for lease in Downtown Richmond! - Includes...
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Listing Agency: Porter Realty Company, Inc - CORFAC International
Listed By: Clifford Porter
Source: Moodyscre
Added: Mar 28, 2025 Changed: Sep 8 Last Checked: Sep 12 at 11:11AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Porter Realty Company, Inc - CORFAC International

Investment Insights

Based on property information with market context.

Available for lease is an office/warehouse flex property totaling 10,897 SF, including 1,000 SF of office space. The building has been re-roofed with skylights and features exposed beams, offering a functional blend of office and warehouse area. Two drive-in doors support straightforward loading and access.

The property is located in Downtown Richmond near the Farmers Market, providing convenient access within the Shockoe Bottom area.

Zoning is listed as B-5, and the space is well-suited for tenants seeking an integrated office and warehouse setup with drive-in service.

Key Highlights

  • 10,897 SF office/warehouse available for lease in Downtown Richmond
  • Includes 1,000 SF office space
  • Re‑roofed with skylights

Property Analytics

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Current Use

Flex space

Suggested Use

Top Pick Plumbing Service (Bike/Boat/Book/etc) Store Veterinary Clinic Auto Parts Store Tanning Salon Nursing Home

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Drive-in doors
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

6,645
Businesses Nearby
Balanced
Demand for This Use

Demographics for 23219, VA

5,307
Population
3,488
Households
1.5
Avg Household Size
29
Median Age
62%
College-Educated
91%
High-School Grad
1.3 sq mi
ZIP Area
4,082
Density / Sq Mi
$62,533
Median Household Income
$46,509
Median Earnings
$1,439
Median Rent
$287,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Richmond, VA

$13.24 /SF/Yr
Avg Asking Price
$7.46–$15 /SF/Yr
Price Range
14,009 SF
Avg Space Size

Vacancy Rate% for Office in Richmond, VA

5.7% 2019
7.2% 2020
7% 2021
8.2% 2022
8.4% 2023
12.1% 2024
11.8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Flex space - Flex office/warehouse with 1,000 SF office, re-roofed with skylights, and two drive-in doors.
Where is this flex space 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 available for lease in Downtown Richmond; Includes 1,000 SF office space; Re‑roofed with skylights
(804) 399-1326 Call to check price and availability
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