1705 Franklin St Richmond, VA 23223
- Retail properties
- 11,941 SF
Current Use by Public Records
- Big Spoon Co. / Food And Beverage Consultant / Graphic Designer
- Clocktower Realty Group / Real Estate Agency
- Estates by Ellie - eXp Realty / Real Estate Agency / Service Establishment
- Eva Taylor Realtor / Real Estate Agent
- Design By E / Marketing Agency / Graphic Designer
Property Details for 1705 Franklin St
- Year built
- 1910
- Property size
- 11,941 SF
- Property type
- Retail properties
- Property subtype
- Office Properties & Spaces
Description
This exceptional mixed-use property, located at 1705-1709 E Franklin St in Richmond, Virginia, presents a unique investment opportunity. Built in 1910 and extensively renovated in 2017, this single-tenant building boasts a total of 11,941 square feet. Currently, 3,538 square feet are available, offering significant potential for expansion or lease to a new tenant. The property's prime location in the vibrant Richmond, VA 23223 zip code ensures high visibility and accessibility. The building's blend of retail and office space caters to a diverse range of businesses. Its historic character, combined with modern updates, creates a desirable and functional space. The property's strong structural foundation and recent renovations ensure long-term value and minimal maintenance needs. This is an ideal opportunity for investors seeking a well-maintained, historically significant property in a thriving urban setting. The substantial vacant space provides immediate income potential or the chance to develop a customized space to suit a specific tenant's needs. This property offers a compelling combination of historical charm and modern functionality, making it a truly exceptional investment.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Richmond
- County
- Henrico
- State
- Virginia
- Longitude
- -77.4272
- Latitude
- 37.534
