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Free-Standing Elevator-Served Office Building
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201 E Franklin St, Richmond, VA 23219

Free-standing office space in an elevator-served building with ample on-site parking and available signage.

Property Size2,761 SF
Days on Market914

Property Features for 201 E Franklin St

General Information

Standard status Active
Size 2,761 SF
Property subtype OFFICE
Lease Type SF/yr

Amenities

elevator served
ample on-site parking
local ownership/management
proximity to the riverfront
Listing Agency: Commonwealth Commercial
Listed By: Sam Edwards · License #0225265963
Source: Moodyscre
Added: Jan 29, 2024 Changed: Jul 28 Last Checked: Jul 30 at 8:50AM

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 Commonwealth Commercial

Investment Insights

Based on property information with market context.

Available office space totals 24,659± SF in a free-standing building. The property is elevator served and offers ample on-site parking, with local ownership/management. Building signage is available for tenant visibility.

The building is located in Richmond, VA, with proximity to the riverfront.

This setup supports office users seeking a stand-alone configuration and convenient on-site parking, with the benefit of signage options within the property.

Key Highlights

  • 24,659± SF of office space available in a free‑standing building
  • Elevator‑served building
  • Ample on‑site parking

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.

Lease Details

NNN (Triple Net)
Lease Type
$2.70 /SF/Yr
CAM

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 - Free-standing office space in an elevator-served building with ample on-site parking and available signage.
Where is this office building located?
The property is located at 201 E Franklin St Richmond, VA.
What is the lease rate?
The lease rate is $18 SF/Yr.
What are key features of this property?
This property features: 24,659± SF of office space available in a free‑standing building; Elevator‑served building; Ample on‑site parking
(804) 228-4932 Call to check price and availability
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