Historic Corner Mixed-Use
21 N 17th St Richmond, VA 23219
21 N 17th St, Richmond, VA, 23219
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For Sale
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Six-parcel mixed-use portfolio with highly visible ground-floor restaurant and retail plus flexible B-5 zoning.
Property Size13,565 SF
Lot Size0.26 Acres
Days on Market103
Property Features for 21 N 17th St
General Information
- Standard status
- Active
- Size
- 13,565 SF
- Lot size
- 0.26 Acres
- Property subtype
- Mixed Use, Office, Retail
Listing agency
One South Commercial
(804) 266-8831
Listed by
Tom Rosman · License #VA 0225030879
Source
Crexi
Added: Apr 11 Updated: Jul 22 at 3:21PM Checked: Jul 22 at 3:21PM
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Investment Insights
Based on property information with market context.
One South Commercial presents the 17th and Franklin St. portfolio, a six-parcel investment opportunity with approximately 13,565 SF of restaurant, office, and apartment space. The offering occupies the hard corner of N. 17th St. and E. Franklin St., with four 2-story mixed-use buildings and a corner 3-story building originally constructed between 1850 and 1924. The ground floor features prominent restaurant and retail space with substantial frontage along the recently renovated 17th St. Farmer’s Market.
Collectively, the properties offer 7,157 SF of ground-floor restaurant space currently occupied by long-term neighborhood institutions, Lulu’s and Tio Pablo. The restaurants include three commercial kitchen spaces, interior dining, a satellite bar/event space, and a substantial outdoor patio in front of Lulu’s.
The 2nd and 3rd floors provide additional flexibility and upside. There is approximately 3,700 SF of renovated creative office space, currently vacant and divisible, as well as a former 2 bed/1 bath apartment used as restaurant storage and administrative space. A 1 bed/1 bath short-term rental unit is also included with established rental history. The sixth parcel is a 15-car surface lot located across the street from 1704 E Franklin. The portfolio is zoned B-5.
Collectively, the properties offer 7,157 SF of ground-floor restaurant space currently occupied by long-term neighborhood institutions, Lulu’s and Tio Pablo. The restaurants include three commercial kitchen spaces, interior dining, a satellite bar/event space, and a substantial outdoor patio in front of Lulu’s.
The 2nd and 3rd floors provide additional flexibility and upside. There is approximately 3,700 SF of renovated creative office space, currently vacant and divisible, as well as a former 2 bed/1 bath apartment used as restaurant storage and administrative space. A 1 bed/1 bath short-term rental unit is also included with established rental history. The sixth parcel is a 15-car surface lot located across the street from 1704 E Franklin. The portfolio is zoned B-5.
Key Highlights
- Six‑parcel portfolio totaling 0.256 acres at the corner of N. 17th St. and E. Franklin St. in Richmond’s Shockoe Bottom.
- Approximately 13,565 SF of mixed‑use space with highly visible ground‑floor restaurant and retail along 17th St. Farmer’s Market.
- Ground‑floor restaurant and retail is collectively leased to long‑term neighborhood institutions Lulu’s and Tio Pablo.
Property Analytics
Location Intelligence
Current Use by Public Records
LuLu's
Restaurant
Similar For Sale Nearby
FAQs
What type of property is this?
Mixed-use property - Six-parcel mixed-use portfolio with highly visible ground-floor restaurant and retail plus flexible B-5 zoning.
Where is this mixed-use property located?
The property is located at 21 N 17th St Richmond, VA.
What are key features of this property?
This property features: Six‑parcel portfolio totaling 0.256 acres at the corner of N. 17th St. and E. Franklin St. in Richmond’s Shockoe Bottom.; Approximately 13,565 SF of mixed‑use space with highly visible ground‑floor restaurant and retail along 17th St. Farmer’s Market.; Ground‑floor restaurant and retail is collectively leased to long‑term neighborhood institutions Lulu’s and Tio Pablo.
