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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

1705 Franklin St Richmond, VA 23223

11,941 SF Built 1910
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Retail properties & Spaces
Year built 1910
Total area 11,941 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Big Spoon Co. Marketing & Advertising (Bike/Boat/Book/etc) Store
  • Clocktower Realty Group Real Estate Agency
  • Estates by Ellie - eXp Realty Real Estate Agency
  • Eva Taylor Realtor Real Estate Agency
  • Design By E Advertising Agency Marketing & Advertising
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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