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First-Floor Office Space
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700 E Franklin St, Richmond, VA 23219

First-floor office space available at the corner of Franklin and 7th Streets in a 174-unit apartment project.

Space Size3,061 SF - 7,320 SF
Days on Market599

Property Features for 700 E Franklin St

General Information

Standard status Active
Size 3,061 SF - 7,320 SF
Property subtype OFFICE

Additional Details

Multifamily Units 174

Spaces For Lease

at 700 E Franklin St Contact us

Edison Apartments

Floor
1
Size
3,061 SF
Type
OFFICE
Rate
Contact for pricing
Availability
AVAILABLE, Now
Sublease
No
- Available office space located at the corner of Franklin and 7th Streets along...
show more
Contact us

Edison Apartments

Floor
1
Size
5,107 SF
Type
OFFICE
Rate
Contact for pricing
Availability
AVAILABLE, Now
Sublease
No
- Available office space located at the corner of Franklin and 7th Streets along...
show more
Contact us

Edison Apartments

Floor
1
Size
7,320 SF
Type
OFFICE
Rate
Contact for pricing
Availability
AVAILABLE, Now
Sublease
No
- Available office space located at the corner of Franklin and 7th Streets along...
show more
Contact us
Listing Agency: Divaris Real Estate - Richmond
Listed By: Loretta Cataldi · License #VA 0225053592
Source: Moodyscre
Added: Jan 17, 2025 Changed: Aug 8 Last Checked: Jul 23 at 12:43PM

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 Divaris Real Estate - Richmond

Investment Insights

Based on property information with market context.

Available office space is located on the first floor at the corner of Franklin and 7th Streets. The space is part of The Edison Apartments, a 174-unit multi-family project, offering an office setting within an active mixed-use environment.

The property is positioned in the heart of the Central Business District and is described as within walking distance to the State Capitol, Richmond Courthouse, City Hall, other governmental agencies, and VCU Medical Campus.

This offering provides an in-building office option in a centrally located, government- and education-oriented area.

Key Highlights

  • First‑floor office space available at the corner of Franklin and 7th Streets
  • Located within The Edison Apartments, a 174‑unit multi‑family project
  • Office space is in the heart of the Central Business District within walking distance to the State Capitol, Richmond Courthouse, City Hall, other governmental agencies, and VCU Medical Campus

Property Analytics

Current Use

The Debt Law Group: ... Law Firm The Pace Center Charitable Organization The Edison Apartments Apartment Complex Highland Support Project Charitable Organization Mike's Beats Nightclub

Suggested Use

Top Pick Plumbing Service (Bike/Boat/Book/etc) Store Tanning Salon Clothing & Fashion Store Mobile Phone Store 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

174
Residential units
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

8,385
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

Lease Benchmarks for Richmond, VA

$14.77 /SF/Yr
Avg Asking Price
$5.33–$24.5 /SF/Yr
Price Range
7,636 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
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office units - First-floor office space available at the corner of Franklin and 7th Streets in a 174-unit apartment project.
Where is this office units located?
The property is located at 700 E Franklin St Richmond, VA.
What are key features of this property?
This property features: First‑floor office space available at the corner of Franklin and 7th Streets; Located within The Edison Apartments, a 174‑unit multi‑family project; Office space is in the heart of the Central Business District within walking distance to the State Capitol, Richmond Courthouse, City Hall, other governmental agencies, and VCU Medical Campus
(804) 335-0232 Call to check price and availability
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