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Freestanding Office Building
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201 E Franklin St, Richmond, VA 23219

Freestanding office building zoned B-4 with 34 on-site parking spaces and 24,659 SF on 0.45 acres.

Property Size24,659 SF
Lot Size0.45 Acres
Price / SF$141.94
Days on Market444

Property Features for 201 E Franklin St

General Information

Standard status Active
Size 24,659 SF
Total Parking Spaces 34
Lot size 0.45 Acres
Property subtype OFFICE
Zoning B-4

Additional Details

Asking Price $3,500,000

Building Details

Buildings 1
Building Size 24,659 SF
Listing Agency: Cushman & Wakefield | Thalhimer - Corporate
Listed By: Mark Douglas
Source: Moodyscre
Added: May 13, 2025 Changed: Jul 30 Last Checked: Jul 30 at 5:51AM

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 Cushman & Wakefield | Thalhimer - Corporate

Investment Insights

Based on property information with market context.

Freestanding office building totaling 24,659± SF on 0.45 acres at 201 E Franklin St in Richmond, VA. The property includes 34 on-site parking spaces and is zoned B-4.

The building is the former City of Richmond Fire Department Headquarters. Public remarks also note a Walker’s Paradise score of 96%, with restaurants, hotels, and the Downtown Richmond YMCA within walking distance. The Greater Richmond Convention Center is listed as nearby.

This freestanding configuration supports a variety of office-oriented uses where on-site parking and a walkable setting are important.

Key Highlights

  • 24,659± SF freestanding office building on 0.45 acres
  • 34 on‑site parking spaces
  • Zoned B‑4

Property Analytics

Current Use

Richmond Emergency Management Police Department

Suggested Use

Top Pick Plumbing Service (Bike/Boat/Book/etc) Store Locksmith Veterinary Clinic Auto Parts Store Carpet & Flooring Store

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

Location Intelligence

Trade Area within ½ mile

6,984
Businesses Nearby

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

Market

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
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Frequently Asked Questions

What type of property is this?
Office building - Freestanding office building zoned B-4 with 34 on-site parking spaces and 24,659 SF on 0.45 acres.
Where is this office building located?
The property is located at 201 E Franklin St Richmond, VA.
What is the asking price?
The asking price for this property is $3,500,000.
What are key features of this property?
This property features: 24,659± SF freestanding office building on 0.45 acres; 34 on‑site parking spaces; Zoned B‑4
(804) 615-6601 Call to check price and availability
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