422 E Franklin St Richmond, VA 23219
New
Historic 23,187 SF building ready for reimagining.
Type:Commercial
Property size:
23,187 SF- Added:
- Apr 24, 2026
- Days on Market:
- 4
- Last Refresh:
- Apr 24 at 5:46 pm
Property Features for 422 E Franklin St
General Information
- Standard status
- Active
- Size
- 23,187 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 1923
Listing agent Jennie Dotts (804) 370-6565
Listing office Long & Foster Real Estate (804) 370-6565
Listing date Apr 24, 2026
Source Elliman
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 Long & Foster Real Estate
Overview
Downtown Richmond Redevelopment Opportunity
Located in downtown Richmond, this three-story, 23,187 SF office building, constructed in 1923 for the Imperial Tobacco Co., stands as a landmark. The Imperial Building, clad in limestone with Neoclassic entrances, is situated on a corner across from the Hotel John Marshall, near the State Capitol and the Riverfront. The building, which received a Golden Hammer Award for its 2002 renovation, currently houses the Richmond Free Press and other businesses, and is suited for redevelopment as a residential or mixed-use property. Historic Tax Credit and Enterprise Zone incentives are available. Each floor measures approximately 7,729 SF and features high ceilings, large windows, and natural light. The main level includes a lobby extending from the front to the rear, with parking located below. The second floor contains wood-paneled executive offices with fireplaces, a board room, conference rooms, offices, and a break room. The third floor offers spacious suites and storage. The Imperial Building reflects the history of the global tobacco trade during the Gilded Age and Civil Rights advocacy. The location is considered very bikeable with a score of 89, very walkable with a score of 83, and has good transit with a score of 63.
Location Intelligence
Current Use by Public Records
McCollum at Law P.C
Law Firm
HDH
Department Store
Community Staffing
Employment Agency
HDH Copying & Printing ...
(Bike/Boat/Book/etc) Store
Richmond Free Press
Publishing House
Location Insight
- Map
- Local Demand
- City
- Richmond
- County
- Richmond City
- State
- Virginia
- Longitude
- -77.4392306
- Latitude
- 37.5414821
Nearby Similar for Sale
FAQs
What type of property is this?
Office building - Historic 23,187 SF building ready for reimagining.
Where is this office building located?
The property is located at 422 E Franklin St Richmond, VA.
What is the asking price?
The asking price for this property is $2,800,000.
What are key features of this property?
This property features: Prime downtown Richmond location across from the Hotel John Marshall, near the State Capitol and Riverfront.; Redevelopment opportunity for residential or mixed‑use property.; Historic building with potential Historic Tax Credit and Enterprise Zone incentives.
